VELA TECHNOLPLC (Germany) Market Value
| IBNN Stock | EUR 0.0005 0.00 0.00% |
| Symbol | VELA |
VELA TECHNOLPLC '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 VELA TECHNOLPLC'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 VELA TECHNOLPLC.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in VELA TECHNOLPLC on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding VELA TECHNOLPLC LS 0001 or generate 0.0% return on investment in VELA TECHNOLPLC over 60 days. VELA TECHNOLPLC is related to or competes with SLR Investment, HK Electric, ADRIATIC METALS, WisdomTree Investments, and Forsys Metals. More
VELA TECHNOLPLC 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 VELA TECHNOLPLC'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 VELA TECHNOLPLC LS 0001 upside and downside potential and time the market with a certain degree of confidence.
VELA TECHNOLPLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VELA TECHNOLPLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VELA TECHNOLPLC's standard deviation. In reality, there are many statistical measures that can use VELA TECHNOLPLC historical prices to predict the future VELA TECHNOLPLC's volatility.VELA TECHNOLPLC LS Backtested Returns
We have found three technical indicators for VELA TECHNOLPLC LS 0001, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and VELA TECHNOLPLC are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
VELA TECHNOLPLC LS 0001 has no correlation between past and present. Overlapping area represents the amount of predictability between VELA TECHNOLPLC time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 VELA TECHNOLPLC LS price movement. The serial correlation of 0.0 indicates that just 0.0% of current VELA TECHNOLPLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VELA TECHNOLPLC LS lagged returns against current returns
Autocorrelation, which is VELA TECHNOLPLC 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 VELA TECHNOLPLC's stock expected returns. We can calculate the autocorrelation of VELA TECHNOLPLC returns to help us make a trade decision. For example, suppose you find that VELA TECHNOLPLC 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 |
VELA TECHNOLPLC 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 VELA TECHNOLPLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VELA TECHNOLPLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VELA TECHNOLPLC stock over time.
Current vs Lagged Prices |
| Timeline |
VELA TECHNOLPLC Lagged Returns
When evaluating VELA TECHNOLPLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VELA TECHNOLPLC stock have on its future price. VELA TECHNOLPLC 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, VELA TECHNOLPLC autocorrelation shows the relationship between VELA TECHNOLPLC stock current value and its past values and can show if there is a momentum factor associated with investing in VELA TECHNOLPLC LS 0001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VELA Stock
VELA TECHNOLPLC financial ratios help investors to determine whether VELA 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 VELA with respect to the benefits of owning VELA TECHNOLPLC security.