Vonovia Se Stock Market Value
| VNNVF Stock | USD 33.57 1.67 5.24% |
| Symbol | Vonovia |
Vonovia SE '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 Vonovia SE's pink sheet 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 Vonovia SE.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Vonovia SE on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Vonovia SE or generate 0.0% return on investment in Vonovia SE over 360 days. Vonovia SE is related to or competes with Adler Group, Aztec Land, Ambase Corp, Bridgemarq Real, and Aroundtown. Vonovia SE operates as an integrated residential real estate company in Europe More
Vonovia SE 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 Vonovia SE's pink sheet 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 Vonovia SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 17.4 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 4.91 |
Vonovia SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vonovia SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vonovia SE's standard deviation. In reality, there are many statistical measures that can use Vonovia SE historical prices to predict the future Vonovia SE's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.3253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vonovia SE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vonovia SE Backtested Returns
Vonovia SE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0334, which indicates the firm had a -0.0334% return per unit of risk over the last 3 months. Vonovia SE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vonovia SE's Coefficient Of Variation of (3,062), risk adjusted performance of (0.02), and Variance of 8.57 to confirm the risk estimate we provide. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vonovia SE are expected to decrease at a much lower rate. During the bear market, Vonovia SE is likely to outperform the market. At this point, Vonovia SE has a negative expected return of -0.1%. Please make sure to validate Vonovia SE's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Vonovia SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Vonovia SE has insignificant reverse predictability. Overlapping area represents the amount of predictability between Vonovia SE time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Vonovia SE price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Vonovia SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 9.13 |
Vonovia SE lagged returns against current returns
Autocorrelation, which is Vonovia SE pink sheet'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 Vonovia SE's pink sheet expected returns. We can calculate the autocorrelation of Vonovia SE returns to help us make a trade decision. For example, suppose you find that Vonovia SE has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Vonovia SE 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 Vonovia SE pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vonovia SE pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vonovia SE pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vonovia SE Lagged Returns
When evaluating Vonovia SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vonovia SE pink sheet have on its future price. Vonovia SE 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, Vonovia SE autocorrelation shows the relationship between Vonovia SE pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vonovia SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vonovia Pink Sheet
Vonovia SE financial ratios help investors to determine whether Vonovia Pink Sheet 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 Vonovia with respect to the benefits of owning Vonovia SE security.