VeriSign (UK) Market Value
| 0LOZ Stock | 200.81 1.70 0.85% |
| Symbol | VeriSign |
VeriSign '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 VeriSign'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 VeriSign.
| 09/28/2024 |
| 12/27/2024 |
If you would invest 0.00 in VeriSign on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding VeriSign or generate 0.0% return on investment in VeriSign over 90 days. VeriSign is related to or competes with Uniper SE, Mulberry Group, London Security, Triad Group, SURETRACK MON, Ikigai Ventures, and Heavitree Brewery. VeriSign is entity of United Kingdom. It is traded as Stock on LSE exchange. More
VeriSign 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 VeriSign'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 VeriSign upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9836 | |||
| Information Ratio | 0.0727 | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 3.13 |
VeriSign Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VeriSign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VeriSign's standard deviation. In reality, there are many statistical measures that can use VeriSign historical prices to predict the future VeriSign's volatility.| Risk Adjusted Performance | 0.0925 | |||
| Jensen Alpha | 0.1293 | |||
| Total Risk Alpha | 0.0684 | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | 0.4268 |
VeriSign Backtested Returns
Currently, VeriSign is very steady. VeriSign owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0719, which indicates the firm had a 0.0719% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for VeriSign, which you can use to evaluate the volatility of the company. Please validate VeriSign's Semi Deviation of 0.8039, coefficient of variation of 899.43, and Risk Adjusted Performance of 0.0925 to confirm if the risk estimate we provide is consistent with the expected return of 0.0996%. VeriSign has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VeriSign's returns are expected to increase less than the market. However, during the bear market, the loss of holding VeriSign is expected to be smaller as well. VeriSign right now has a risk of 1.39%. Please validate VeriSign jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if VeriSign will be following its existing price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
VeriSign has good reverse predictability. Overlapping area represents the amount of predictability between VeriSign time series from 28th of September 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 VeriSign price movement. The serial correlation of -0.51 indicates that about 51.0% of current VeriSign price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 56.29 |
VeriSign lagged returns against current returns
Autocorrelation, which is VeriSign 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 VeriSign's stock expected returns. We can calculate the autocorrelation of VeriSign returns to help us make a trade decision. For example, suppose you find that VeriSign 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 |
VeriSign 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 VeriSign stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VeriSign stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VeriSign stock over time.
Current vs Lagged Prices |
| Timeline |
VeriSign Lagged Returns
When evaluating VeriSign's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VeriSign stock have on its future price. VeriSign 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, VeriSign autocorrelation shows the relationship between VeriSign stock current value and its past values and can show if there is a momentum factor associated with investing in VeriSign.
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.Additional Tools for VeriSign Stock Analysis
When running VeriSign's price analysis, check to measure VeriSign'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 VeriSign is operating at the current time. Most of VeriSign's value examination focuses on studying past and present price action to predict the probability of VeriSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VeriSign's price. Additionally, you may evaluate how the addition of VeriSign to your portfolios can decrease your overall portfolio volatility.