Japan Vietnam (Vietnam) Market Value

JVC Stock   3,000  200.00  6.25%   
Japan Vietnam's market value is the price at which a share of Japan Vietnam trades on a public exchange. It measures the collective expectations of Japan Vietnam Medical investors about its performance. Japan Vietnam is selling at 3000.00 as of the 11th of December 2024; that is 6.25 percent decrease since the beginning of the trading day. The stock's open price was 3200.0.
With this module, you can estimate the performance of a buy and hold strategy of Japan Vietnam Medical and determine expected loss or profit from investing in Japan Vietnam over a given investment horizon. Check out Japan Vietnam Correlation, Japan Vietnam Volatility and Japan Vietnam Alpha and Beta module to complement your research on Japan Vietnam.
Symbol

Please note, there is a significant difference between Japan Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if Japan Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Japan Vietnam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Japan Vietnam 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Japan Vietnam's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Japan Vietnam.
0.00
08/19/2023
No Change 0.00  0.0 
In 1 year 3 months and 26 days
12/11/2024
0.00
If you would invest  0.00  in Japan Vietnam on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Japan Vietnam Medical or generate 0.0% return on investment in Japan Vietnam over 480 days. Japan Vietnam is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More

Japan Vietnam Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Japan Vietnam's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Japan Vietnam Medical upside and downside potential and time the market with a certain degree of confidence.

Japan Vietnam Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Vietnam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Vietnam's standard deviation. In reality, there are many statistical measures that can use Japan Vietnam historical prices to predict the future Japan Vietnam's volatility.
Hype
Prediction
LowEstimatedHigh
2,9993,0003,001
Details
Intrinsic
Valuation
LowRealHigh
2,8192,8203,300
Details
Naive
Forecast
LowNextHigh
3,1093,1113,112
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,9453,1333,322
Details

Japan Vietnam Medical Backtested Returns

Japan Vietnam Medical holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Japan Vietnam Medical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Japan Vietnam's Risk Adjusted Performance of (0.08), standard deviation of 1.3, and Market Risk Adjusted Performance of (0.56) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Japan Vietnam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Japan Vietnam is expected to be smaller as well. At this point, Japan Vietnam Medical has a negative expected return of -0.15%. Please make sure to check out Japan Vietnam's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Japan Vietnam Medical performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.36  

Poor reverse predictability

Japan Vietnam Medical has poor reverse predictability. Overlapping area represents the amount of predictability between Japan Vietnam time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Japan Vietnam Medical price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Japan Vietnam price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test0.12
Residual Average0.0
Price Variance36.2 K

Japan Vietnam Medical lagged returns against current returns

Autocorrelation, which is Japan Vietnam stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Japan Vietnam's stock expected returns. We can calculate the autocorrelation of Japan Vietnam returns to help us make a trade decision. For example, suppose you find that Japan Vietnam has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Japan Vietnam regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Japan Vietnam stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Vietnam stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Vietnam stock over time.
   Current vs Lagged Prices   
       Timeline  

Japan Vietnam Lagged Returns

When evaluating Japan Vietnam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Vietnam stock have on its future price. Japan Vietnam autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Japan Vietnam autocorrelation shows the relationship between Japan Vietnam stock current value and its past values and can show if there is a momentum factor associated with investing in Japan Vietnam Medical.
   Regressed Prices   
       Timeline  

Pair Trading with Japan Vietnam

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Japan Vietnam position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Japan Vietnam will appreciate offsetting losses from the drop in the long position's value.

Moving together with Japan Stock

  0.62FIT FIT INVEST JSCPairCorr
  0.65ADS Damsan JSCPairCorr
  0.65AAA An Phat PlasticPairCorr
  0.64AME Alphanam MEPairCorr
The ability to find closely correlated positions to Japan Vietnam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Japan Vietnam when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Japan Vietnam - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Japan Vietnam Medical to buy it.
The correlation of Japan Vietnam is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Japan Vietnam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Japan Vietnam Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Japan Vietnam can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Japan Stock

Japan Vietnam financial ratios help investors to determine whether Japan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Japan with respect to the benefits of owning Japan Vietnam security.