Versatile Creative (Malaysia) Market Value
| 4995 Stock | 0.70 0.02 2.78% |
| Symbol | Versatile |
Versatile Creative '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 Versatile Creative'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 Versatile Creative.
| 11/20/2024 |
| 02/18/2025 |
If you would invest 0.00 in Versatile Creative on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Versatile Creative Bhd or generate 0.0% return on investment in Versatile Creative over 90 days. Versatile Creative is related to or competes with Scientex Bhd, Scientex Packaging, BP Plastics, Advanced Packaging. More
Versatile Creative 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 Versatile Creative'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 Versatile Creative Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 2.0E-4 | |||
| Maximum Drawdown | 9.5 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.78 |
Versatile Creative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Versatile Creative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Versatile Creative's standard deviation. In reality, there are many statistical measures that can use Versatile Creative historical prices to predict the future Versatile Creative's volatility.| Risk Adjusted Performance | 0.0106 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | (0.01) |
Versatile Creative Bhd Backtested Returns
Versatile Creative Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0766, which indicates the firm had a -0.0766 % return per unit of risk over the last 3 months. Versatile Creative Bhd exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Versatile Creative's Coefficient Of Variation of 13359.96, semi deviation of 1.23, and Risk Adjusted Performance of 0.0106 to confirm the risk estimate we provide. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Versatile Creative are expected to decrease at a much lower rate. During the bear market, Versatile Creative is likely to outperform the market. At this point, Versatile Creative Bhd has a negative expected return of -0.11%. Please make sure to validate Versatile Creative's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Versatile Creative Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Versatile Creative Bhd has poor reverse predictability. Overlapping area represents the amount of predictability between Versatile Creative time series from 20th of November 2024 to 4th of January 2025 and 4th of January 2025 to 18th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Versatile Creative Bhd price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Versatile Creative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Versatile Creative Bhd lagged returns against current returns
Autocorrelation, which is Versatile Creative 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 Versatile Creative's stock expected returns. We can calculate the autocorrelation of Versatile Creative returns to help us make a trade decision. For example, suppose you find that Versatile Creative 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 |
Versatile Creative 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 Versatile Creative stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Versatile Creative stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Versatile Creative stock over time.
Current vs Lagged Prices |
| Timeline |
Versatile Creative Lagged Returns
When evaluating Versatile Creative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Versatile Creative stock have on its future price. Versatile Creative 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, Versatile Creative autocorrelation shows the relationship between Versatile Creative stock current value and its past values and can show if there is a momentum factor associated with investing in Versatile Creative Bhd.
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 Versatile Stock
Versatile Creative financial ratios help investors to determine whether Versatile Stock 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 Versatile with respect to the benefits of owning Versatile Creative security.