Koninklijke Vopak (Netherlands) Market Value
| VPK Stock | EUR 43.24 0.10 0.23% |
| Symbol | Koninklijke |
Koninklijke Vopak '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 Koninklijke Vopak'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 Koninklijke Vopak.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Koninklijke Vopak on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Koninklijke Vopak NV or generate 0.0% return on investment in Koninklijke Vopak over 120 days. Koninklijke Vopak is related to or competes with Aalberts Industries, SBM Offshore, NN Group, and Randstad. Royal Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products,... More
Koninklijke Vopak 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 Koninklijke Vopak'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 Koninklijke Vopak NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.22 |
Koninklijke Vopak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koninklijke Vopak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koninklijke Vopak's standard deviation. In reality, there are many statistical measures that can use Koninklijke Vopak historical prices to predict the future Koninklijke Vopak's volatility.| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.0553 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (2.79) |
Koninklijke Vopak Backtested Returns
Currently, Koninklijke Vopak NV is very steady. Koninklijke Vopak has Sharpe Ratio of 0.0232, which conveys that the firm had a 0.0232% return per unit of risk over the last 3 months. We have found thirty technical indicators for Koninklijke Vopak, which you can use to evaluate the volatility of the firm. Please verify Koninklijke Vopak's Risk Adjusted Performance of 0.0413, mean deviation of 0.9376, and Downside Deviation of 1.46 to check out if the risk estimate we provide is consistent with the expected return of 0.0294%. Koninklijke Vopak has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0191, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Koninklijke Vopak are expected to decrease at a much lower rate. During the bear market, Koninklijke Vopak is likely to outperform the market. Koninklijke Vopak right now secures a risk of 1.27%. Please verify Koninklijke Vopak NV treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Koninklijke Vopak NV will be following its current price movements.
Auto-correlation | 0.29 |
Poor predictability
Koninklijke Vopak NV has poor predictability. Overlapping area represents the amount of predictability between Koninklijke Vopak time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 Koninklijke Vopak price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Koninklijke Vopak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Koninklijke Vopak lagged returns against current returns
Autocorrelation, which is Koninklijke Vopak 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 Koninklijke Vopak's stock expected returns. We can calculate the autocorrelation of Koninklijke Vopak returns to help us make a trade decision. For example, suppose you find that Koninklijke Vopak 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 |
Koninklijke Vopak 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 Koninklijke Vopak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koninklijke Vopak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koninklijke Vopak stock over time.
Current vs Lagged Prices |
| Timeline |
Koninklijke Vopak Lagged Returns
When evaluating Koninklijke Vopak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koninklijke Vopak stock have on its future price. Koninklijke Vopak 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, Koninklijke Vopak autocorrelation shows the relationship between Koninklijke Vopak stock current value and its past values and can show if there is a momentum factor associated with investing in Koninklijke Vopak NV.
Regressed Prices |
| Timeline |
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Additional Tools for Koninklijke Stock Analysis
When running Koninklijke Vopak's price analysis, check to measure Koninklijke Vopak's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Koninklijke Vopak is operating at the current time. Most of Koninklijke Vopak's value examination focuses on studying past and present price action to predict the probability of Koninklijke Vopak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Vopak's price. Additionally, you may evaluate how the addition of Koninklijke Vopak to your portfolios can decrease your overall portfolio volatility.