Vietnam Enterprise (UK) Market Value
| VEIL Stock | 575.00 2.00 0.35% |
| Symbol | Vietnam |
Vietnam Enterprise '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 Vietnam Enterprise'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 Vietnam Enterprise.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Vietnam Enterprise on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Vietnam Enterprise Investments or generate 0.0% return on investment in Vietnam Enterprise over 30 days. Vietnam Enterprise is related to or competes with Gear4music Plc, CNH Industrial, Ross Stores, Charter Communications, Bisichi Mining, Gamma Communications, and Blackrock World. Vietnam Enterprise is entity of United Kingdom More
Vietnam Enterprise 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 Vietnam Enterprise'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 Vietnam Enterprise Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.55 |
Vietnam Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vietnam Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vietnam Enterprise's standard deviation. In reality, there are many statistical measures that can use Vietnam Enterprise historical prices to predict the future Vietnam Enterprise's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.09) |
Vietnam Enterprise Backtested Returns
Vietnam Enterprise owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.01, which indicates the firm had a -0.01% return per unit of risk over the last 3 months. Vietnam Enterprise Investments exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vietnam Enterprise's Coefficient Of Variation of (32,075), variance of 0.5849, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vietnam Enterprise's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vietnam Enterprise is expected to be smaller as well. At this point, Vietnam Enterprise has a negative expected return of -0.0076%. Please make sure to validate Vietnam Enterprise's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Vietnam Enterprise performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Vietnam Enterprise Investments has poor predictability. Overlapping area represents the amount of predictability between Vietnam Enterprise time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Vietnam Enterprise price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Vietnam Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 81.83 |
Vietnam Enterprise lagged returns against current returns
Autocorrelation, which is Vietnam Enterprise 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 Vietnam Enterprise's stock expected returns. We can calculate the autocorrelation of Vietnam Enterprise returns to help us make a trade decision. For example, suppose you find that Vietnam Enterprise 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 |
Vietnam Enterprise 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 Vietnam Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vietnam Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vietnam Enterprise stock over time.
Current vs Lagged Prices |
| Timeline |
Vietnam Enterprise Lagged Returns
When evaluating Vietnam Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vietnam Enterprise stock have on its future price. Vietnam Enterprise 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, Vietnam Enterprise autocorrelation shows the relationship between Vietnam Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in Vietnam Enterprise Investments.
Regressed Prices |
| Timeline |
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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.Additional Tools for Vietnam Stock Analysis
When running Vietnam Enterprise's price analysis, check to measure Vietnam Enterprise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vietnam Enterprise is operating at the current time. Most of Vietnam Enterprise's value examination focuses on studying past and present price action to predict the probability of Vietnam Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vietnam Enterprise's price. Additionally, you may evaluate how the addition of Vietnam Enterprise to your portfolios can decrease your overall portfolio volatility.