VOXX International (Germany) Market Value
| VOX Stock | EUR 7.30 0.25 3.31% |
| Symbol | VOXX |
VOXX International '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 VOXX International'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 VOXX International.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in VOXX International on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding VOXX International or generate 0.0% return on investment in VOXX International over 690 days. VOXX International is related to or competes with Dno ASA, DENSO P, Aptiv PLC, PT Astra, Magna International, LKQ, and Continental Aktiengesellscha. VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive, audio... More
VOXX International 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 VOXX International'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 VOXX International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.1236 | |||
| Maximum Drawdown | 23.7 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 7.48 |
VOXX International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VOXX International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VOXX International's standard deviation. In reality, there are many statistical measures that can use VOXX International historical prices to predict the future VOXX International's volatility.| Risk Adjusted Performance | 0.1153 | |||
| Jensen Alpha | 0.5536 | |||
| Total Risk Alpha | 0.3761 | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | 2.56 |
VOXX International Backtested Returns
VOXX International appears to be slightly risky, given 3 months investment horizon. VOXX International 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. By evaluating VOXX International's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review VOXX International's Coefficient Of Variation of 745.87, semi deviation of 2.45, and Risk Adjusted Performance of 0.1153 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VOXX International holds a performance score of 10. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VOXX International's returns are expected to increase less than the market. However, during the bear market, the loss of holding VOXX International is expected to be smaller as well. Please check VOXX International's potential upside, skewness, day median price, as well as the relationship between the semi variance and daily balance of power , to make a quick decision on whether VOXX International's existing price patterns will revert.
Auto-correlation | 0.53 |
Modest predictability
VOXX International has modest predictability. Overlapping area represents the amount of predictability between VOXX International time series from 4th of February 2023 to 15th of January 2024 and 15th of January 2024 to 25th 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 VOXX International price movement. The serial correlation of 0.53 indicates that about 53.0% of current VOXX International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 4.12 |
VOXX International lagged returns against current returns
Autocorrelation, which is VOXX International 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 VOXX International's stock expected returns. We can calculate the autocorrelation of VOXX International returns to help us make a trade decision. For example, suppose you find that VOXX International 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 |
VOXX International 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 VOXX International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VOXX International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VOXX International stock over time.
Current vs Lagged Prices |
| Timeline |
VOXX International Lagged Returns
When evaluating VOXX International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VOXX International stock have on its future price. VOXX International 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, VOXX International autocorrelation shows the relationship between VOXX International stock current value and its past values and can show if there is a momentum factor associated with investing in VOXX International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in VOXX Stock
When determining whether VOXX International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VOXX International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voxx International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voxx International Stock:Check out VOXX International Correlation, VOXX International Volatility and VOXX International Alpha and Beta module to complement your research on VOXX International. For more detail on how to invest in VOXX Stock please use our How to Invest in VOXX International guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
VOXX International 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.