Verticalscope Holdings Stock Market Value
| FORA Stock | 9.92 0.18 1.78% |
| Symbol | VerticalScope |
VerticalScope Holdings Price To Book Ratio
VerticalScope Holdings '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 VerticalScope Holdings' 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 VerticalScope Holdings.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in VerticalScope Holdings on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding VerticalScope Holdings or generate 0.0% return on investment in VerticalScope Holdings over 90 days. VerticalScope Holdings is related to or competes with Doman Building, Mako Mining, Data Communications, Calibre Mining, and Gamehost. VerticalScope Holdings is entity of Canada More
VerticalScope Holdings 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 VerticalScope Holdings' 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 VerticalScope Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.16 | |||
| Value At Risk | (6.20) | |||
| Potential Upside | 3.85 |
VerticalScope Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VerticalScope Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VerticalScope Holdings' standard deviation. In reality, there are many statistical measures that can use VerticalScope Holdings historical prices to predict the future VerticalScope Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | 0.0237 | |||
| Total Risk Alpha | 0.2585 | |||
| Treynor Ratio | (0.09) |
VerticalScope Holdings Backtested Returns
VerticalScope Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0323, which indicates the firm had a -0.0323 % return per unit of risk over the last 3 months. VerticalScope Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VerticalScope Holdings' Coefficient Of Variation of (2,403), risk adjusted performance of (0.03), and Variance of 10.3 to confirm the risk estimate we provide. The entity has a beta of 1.53, which indicates 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, VerticalScope Holdings will likely underperform. At this point, VerticalScope Holdings has a negative expected return of -0.1%. Please make sure to validate VerticalScope Holdings' maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if VerticalScope Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
VerticalScope Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between VerticalScope Holdings time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 VerticalScope Holdings price movement. The serial correlation of -0.73 indicates that around 73.0% of current VerticalScope Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 1.49 |
VerticalScope Holdings lagged returns against current returns
Autocorrelation, which is VerticalScope Holdings 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 VerticalScope Holdings' stock expected returns. We can calculate the autocorrelation of VerticalScope Holdings returns to help us make a trade decision. For example, suppose you find that VerticalScope Holdings 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 |
VerticalScope Holdings 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 VerticalScope Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VerticalScope Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VerticalScope Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
VerticalScope Holdings Lagged Returns
When evaluating VerticalScope Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VerticalScope Holdings stock have on its future price. VerticalScope Holdings 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, VerticalScope Holdings autocorrelation shows the relationship between VerticalScope Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in VerticalScope Holdings.
Regressed Prices |
| Timeline |
Pair Trading with VerticalScope Holdings
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 VerticalScope Holdings 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 VerticalScope Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with VerticalScope Stock
Moving against VerticalScope Stock
The ability to find closely correlated positions to VerticalScope Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VerticalScope Holdings 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 VerticalScope Holdings - 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 VerticalScope Holdings to buy it.
The correlation of VerticalScope Holdings 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 VerticalScope Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VerticalScope Holdings 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 VerticalScope Holdings 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 VerticalScope Stock
VerticalScope Holdings financial ratios help investors to determine whether VerticalScope 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 VerticalScope with respect to the benefits of owning VerticalScope Holdings security.