Industrial Urban (Vietnam) Market Value
| D2D Stock | 31,650 100.00 0.32% |
| Symbol | Industrial |
Industrial Urban '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 Industrial Urban'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 Industrial Urban.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Industrial Urban on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Industrial Urban Development or generate 0.0% return on investment in Industrial Urban over 30 days. Industrial Urban is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
Industrial Urban 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 Industrial Urban'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 Industrial Urban Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 49.58 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.39 |
Industrial Urban Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrial Urban's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industrial Urban's standard deviation. In reality, there are many statistical measures that can use Industrial Urban historical prices to predict the future Industrial Urban's volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0529 |
Industrial Urban Dev Backtested Returns
Industrial Urban Dev holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Industrial Urban Dev exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Industrial Urban's Downside Deviation of 4.01, risk adjusted performance of 0.0193, and Market Risk Adjusted Performance of 0.0629 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.16, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Industrial Urban will likely underperform. At this point, Industrial Urban Dev has a negative expected return of -0.39%. Please make sure to check out Industrial Urban's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Industrial Urban Dev performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Industrial Urban Development has very weak reverse predictability. Overlapping area represents the amount of predictability between Industrial Urban time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Industrial Urban Dev price movement. The serial correlation of -0.03 indicates that only 3.0% of current Industrial Urban price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 27 K |
Industrial Urban Dev lagged returns against current returns
Autocorrelation, which is Industrial Urban 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 Industrial Urban's stock expected returns. We can calculate the autocorrelation of Industrial Urban returns to help us make a trade decision. For example, suppose you find that Industrial Urban 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 |
Industrial Urban 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 Industrial Urban stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industrial Urban stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industrial Urban stock over time.
Current vs Lagged Prices |
| Timeline |
Industrial Urban Lagged Returns
When evaluating Industrial Urban's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industrial Urban stock have on its future price. Industrial Urban 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, Industrial Urban autocorrelation shows the relationship between Industrial Urban stock current value and its past values and can show if there is a momentum factor associated with investing in Industrial Urban Development.
Regressed Prices |
| Timeline |
Pair Trading with Industrial Urban
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Industrial Urban position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Industrial Urban will appreciate offsetting losses from the drop in the long position's value.Moving together with Industrial Stock
The ability to find closely correlated positions to Industrial Urban could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Industrial Urban when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Industrial Urban - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Industrial Urban Development to buy it.
The correlation of Industrial Urban is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Industrial Urban moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Industrial Urban Dev moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Industrial Urban can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Industrial Stock
Industrial Urban financial ratios help investors to determine whether Industrial 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 Industrial with respect to the benefits of owning Industrial Urban security.