Veranda Learning (India) Market Value
| VERANDA Stock | 241.80 6.10 2.59% |
| Symbol | Veranda |
Veranda Learning '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 Veranda Learning'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 Veranda Learning.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Veranda Learning on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Veranda Learning Solutions or generate 0.0% return on investment in Veranda Learning over 30 days. Veranda Learning is related to or competes with Salzer Electronics, Welspun Investments, ILFS Investment, Elin Electronics, AUTHUM INVESTMENT, Tata Investment, and Jindal Poly. Veranda Learning is entity of India. It is traded as Stock on NSE exchange. More
Veranda Learning 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 Veranda Learning'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 Veranda Learning Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.99 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 4.73 |
Veranda Learning Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veranda Learning's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veranda Learning's standard deviation. In reality, there are many statistical measures that can use Veranda Learning historical prices to predict the future Veranda Learning's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (2.63) |
Veranda Learning Sol Backtested Returns
Veranda Learning Sol owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Veranda Learning Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veranda Learning's Coefficient Of Variation of (1,296), risk adjusted performance of (0.05), and Variance of 7.54 to confirm the risk estimate we provide. The entity has a beta of 0.0845, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Veranda Learning's returns are expected to increase less than the market. However, during the bear market, the loss of holding Veranda Learning is expected to be smaller as well. At this point, Veranda Learning Sol has a negative expected return of -0.37%. Please make sure to validate Veranda Learning's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Veranda Learning Sol performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Veranda Learning Solutions has insignificant predictability. Overlapping area represents the amount of predictability between Veranda Learning 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 Veranda Learning Sol price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Veranda Learning price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 24.06 |
Veranda Learning Sol lagged returns against current returns
Autocorrelation, which is Veranda Learning 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 Veranda Learning's stock expected returns. We can calculate the autocorrelation of Veranda Learning returns to help us make a trade decision. For example, suppose you find that Veranda Learning 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 |
Veranda Learning 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 Veranda Learning stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veranda Learning stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veranda Learning stock over time.
Current vs Lagged Prices |
| Timeline |
Veranda Learning Lagged Returns
When evaluating Veranda Learning's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veranda Learning stock have on its future price. Veranda Learning 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, Veranda Learning autocorrelation shows the relationship between Veranda Learning stock current value and its past values and can show if there is a momentum factor associated with investing in Veranda Learning Solutions.
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 Veranda Stock
Veranda Learning financial ratios help investors to determine whether Veranda 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 Veranda with respect to the benefits of owning Veranda Learning security.