V1TA34 (Brazil) Market Value
| V1TA34 Stock | BRL 185.44 0.00 0.00% |
| Symbol | V1TA34 |
V1TA34 '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 V1TA34'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 V1TA34.
| 09/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in V1TA34 on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding V1TA34 or generate 0.0% return on investment in V1TA34 over 90 days. V1TA34 is related to or competes with Verizon Communications, Prudential Financial, Spotify Technology, Deutsche Bank, Micron Technology, STMicroelectronics, and Ameriprise Financial. Ventas, an SP 500 company, operates at the intersection of two powerful and dynamic industries healthcare and real estat... More
V1TA34 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 V1TA34'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 V1TA34 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0818 | |||
| Maximum Drawdown | 7.66 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.86 |
V1TA34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for V1TA34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as V1TA34's standard deviation. In reality, there are many statistical measures that can use V1TA34 historical prices to predict the future V1TA34's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.1561 | |||
| Total Risk Alpha | 0.0867 | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | (0.49) |
V1TA34 Backtested Returns
At this point, V1TA34 is very steady. V1TA34 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0709, which indicates the company had a 0.0709% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for V1TA34, which you can use to evaluate the volatility of the entity. Please validate V1TA34's market risk adjusted performance of (0.48), and Downside Deviation of 1.74 to confirm if the risk estimate we provide is consistent with the expected return of 0.0931%. V1TA34 has a performance score of 5 on a scale of 0 to 100. The firm has a beta of -0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning V1TA34 are expected to decrease at a much lower rate. During the bear market, V1TA34 is likely to outperform the market. V1TA34 now has a risk of 1.31%. Please validate V1TA34 treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if V1TA34 will be following its existing price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
V1TA34 has insignificant predictability. Overlapping area represents the amount of predictability between V1TA34 time series from 27th of September 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 V1TA34 price movement. The serial correlation of 0.12 indicates that less than 12.0% of current V1TA34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
V1TA34 lagged returns against current returns
Autocorrelation, which is V1TA34 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 V1TA34's stock expected returns. We can calculate the autocorrelation of V1TA34 returns to help us make a trade decision. For example, suppose you find that V1TA34 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 |
V1TA34 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 V1TA34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if V1TA34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in V1TA34 stock over time.
Current vs Lagged Prices |
| Timeline |
V1TA34 Lagged Returns
When evaluating V1TA34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of V1TA34 stock have on its future price. V1TA34 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, V1TA34 autocorrelation shows the relationship between V1TA34 stock current value and its past values and can show if there is a momentum factor associated with investing in V1TA34.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in V1TA34 Stock
V1TA34 financial ratios help investors to determine whether V1TA34 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 V1TA34 with respect to the benefits of owning V1TA34 security.