VinaCapital Vietnam (UK) Market Value
| VOF Etf | 436.50 1.00 0.23% |
| Symbol | VinaCapital |
VinaCapital Vietnam '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 VinaCapital Vietnam's etf 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 VinaCapital Vietnam.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in VinaCapital Vietnam on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding VinaCapital Vietnam Opportunity or generate 0.0% return on investment in VinaCapital Vietnam over 720 days. VinaCapital Vietnam is related to or competes with IShares MSCI, Amundi EUR, IShares JP, Xtrackers MSCI, and Lyxor Smart. VinaCapital Vietnam is entity of United Kingdom More
VinaCapital Vietnam 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 VinaCapital Vietnam's etf 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 VinaCapital Vietnam Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 4.58 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.1 |
VinaCapital Vietnam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VinaCapital Vietnam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VinaCapital Vietnam's standard deviation. In reality, there are many statistical measures that can use VinaCapital Vietnam historical prices to predict the future VinaCapital Vietnam's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.59) |
VinaCapital Vietnam Backtested Returns
VinaCapital Vietnam owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0904, which indicates the etf had a -0.0904% return per unit of risk over the last 3 months. VinaCapital Vietnam Opportunity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VinaCapital Vietnam's Risk Adjusted Performance of (0.08), variance of 0.5951, and Coefficient Of Variation of (911.63) to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VinaCapital Vietnam's returns are expected to increase less than the market. However, during the bear market, the loss of holding VinaCapital Vietnam is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
VinaCapital Vietnam Opportunity has poor reverse predictability. Overlapping area represents the amount of predictability between VinaCapital Vietnam time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 VinaCapital Vietnam price movement. The serial correlation of -0.37 indicates that just about 37.0% of current VinaCapital Vietnam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 352.49 |
VinaCapital Vietnam lagged returns against current returns
Autocorrelation, which is VinaCapital Vietnam etf'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 VinaCapital Vietnam's etf expected returns. We can calculate the autocorrelation of VinaCapital Vietnam returns to help us make a trade decision. For example, suppose you find that VinaCapital Vietnam has exhibited high autocorrelation historically, and you observe that the etf 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 |
VinaCapital Vietnam 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 VinaCapital Vietnam etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VinaCapital Vietnam etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VinaCapital Vietnam etf over time.
Current vs Lagged Prices |
| Timeline |
VinaCapital Vietnam Lagged Returns
When evaluating VinaCapital Vietnam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VinaCapital Vietnam etf have on its future price. VinaCapital Vietnam 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, VinaCapital Vietnam autocorrelation shows the relationship between VinaCapital Vietnam etf current value and its past values and can show if there is a momentum factor associated with investing in VinaCapital Vietnam Opportunity.
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 VinaCapital Etf
VinaCapital Vietnam financial ratios help investors to determine whether VinaCapital Etf 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 VinaCapital with respect to the benefits of owning VinaCapital Vietnam security.