Vodafone Group (UK) Market Value
| VOD Stock | 69.80 1.02 1.44% |
| Symbol | Vodafone |
Vodafone Group '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 Vodafone Group'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 Vodafone Group.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Vodafone Group on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Vodafone Group PLC or generate 0.0% return on investment in Vodafone Group over 480 days. Vodafone Group is related to or competes with Waste Management, Ecclesiastical Insurance, Live Nation, LBG Media, AcadeMedia, Games Workshop, and One Media. Vodafone Group is entity of United Kingdom More
Vodafone Group 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 Vodafone Group'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 Vodafone Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 10.62 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 1.74 |
Vodafone Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vodafone Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vodafone Group's standard deviation. In reality, there are many statistical measures that can use Vodafone Group historical prices to predict the future Vodafone Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.3363 |
Vodafone Group PLC Backtested Returns
Vodafone Group PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0878, which indicates the firm had a -0.0878% return per unit of risk over the last 3 months. Vodafone Group PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vodafone Group's Coefficient Of Variation of (1,452), variance of 2.37, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vodafone Group are expected to decrease at a much lower rate. During the bear market, Vodafone Group is likely to outperform the market. At this point, Vodafone Group PLC has a negative expected return of -0.14%. Please make sure to validate Vodafone Group's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if Vodafone Group PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Vodafone Group PLC has weak reverse predictability. Overlapping area represents the amount of predictability between Vodafone Group 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 Vodafone Group PLC price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Vodafone Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 8.19 |
Vodafone Group PLC lagged returns against current returns
Autocorrelation, which is Vodafone Group 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 Vodafone Group's stock expected returns. We can calculate the autocorrelation of Vodafone Group returns to help us make a trade decision. For example, suppose you find that Vodafone Group 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 |
Vodafone Group 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 Vodafone Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vodafone Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vodafone Group stock over time.
Current vs Lagged Prices |
| Timeline |
Vodafone Group Lagged Returns
When evaluating Vodafone Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vodafone Group stock have on its future price. Vodafone Group 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, Vodafone Group autocorrelation shows the relationship between Vodafone Group stock current value and its past values and can show if there is a momentum factor associated with investing in Vodafone Group PLC.
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.When determining whether Vodafone Group PLC is a strong investment it is important to analyze Vodafone Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vodafone Group's future performance. For an informed investment choice regarding Vodafone Stock, refer to the following important reports:Check out Vodafone Group Correlation, Vodafone Group Volatility and Vodafone Group Alpha and Beta module to complement your research on Vodafone Group. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Vodafone Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.