VOGO SA (France) Market Value
| ALVGO Stock | 2.98 0.08 2.61% |
| Symbol | VOGO |
VOGO SA '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 VOGO SA'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 VOGO SA.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in VOGO SA on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding VOGO SA or generate 0.0% return on investment in VOGO SA over 90 days. VOGO SA is related to or competes with Gaussin, Drone Volt, Amoeba SA, and Gensight Biologics. More
VOGO SA 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 VOGO SA'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 VOGO SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 4.58 |
VOGO SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VOGO SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VOGO SA's standard deviation. In reality, there are many statistical measures that can use VOGO SA historical prices to predict the future VOGO SA's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.21) |
VOGO SA Backtested Returns
VOGO SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0855, which indicates the firm had a -0.0855% return per unit of volatility over the last 3 months. VOGO SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VOGO SA's variance of 3.96, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VOGO SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding VOGO SA is expected to be smaller as well. At this point, VOGO SA has a negative expected return of -0.16%. Please make sure to validate VOGO SA's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if VOGO SA performance from the past will be repeated at future time.
Auto-correlation | 0.68 |
Good predictability
VOGO SA has good predictability. Overlapping area represents the amount of predictability between VOGO SA time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 VOGO SA price movement. The serial correlation of 0.68 indicates that around 68.0% of current VOGO SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
VOGO SA lagged returns against current returns
Autocorrelation, which is VOGO SA 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 VOGO SA's stock expected returns. We can calculate the autocorrelation of VOGO SA returns to help us make a trade decision. For example, suppose you find that VOGO SA 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 |
VOGO SA 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 VOGO SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VOGO SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VOGO SA stock over time.
Current vs Lagged Prices |
| Timeline |
VOGO SA Lagged Returns
When evaluating VOGO SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VOGO SA stock have on its future price. VOGO SA 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, VOGO SA autocorrelation shows the relationship between VOGO SA stock current value and its past values and can show if there is a momentum factor associated with investing in VOGO SA.
Regressed Prices |
| Timeline |
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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 VOGO Stock Analysis
When running VOGO SA's price analysis, check to measure VOGO SA'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 VOGO SA is operating at the current time. Most of VOGO SA's value examination focuses on studying past and present price action to predict the probability of VOGO SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VOGO SA's price. Additionally, you may evaluate how the addition of VOGO SA to your portfolios can decrease your overall portfolio volatility.