577 Investment (Vietnam) Market Value
| NBB Stock | 21,900 100.00 0.45% |
| Symbol | 577 |
577 Investment '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 577 Investment'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 577 Investment.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in 577 Investment on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding 577 Investment Corp or generate 0.0% return on investment in 577 Investment over 30 days. 577 Investment is related to or competes with Century Synthetic, Hochiminh City, Transport, Vietnam Petroleum, South Basic, and Fecon Mining. More
577 Investment 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 577 Investment'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 577 Investment Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.6 |
577 Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 577 Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 577 Investment's standard deviation. In reality, there are many statistical measures that can use 577 Investment historical prices to predict the future 577 Investment's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 0.0045 | |||
| Treynor Ratio | 0.4549 |
577 Investment Corp Backtested Returns
577 Investment Corp retains Efficiency (Sharpe Ratio) of -0.0616, which signifies that the company had a -0.0616 % return per unit of price deviation over the last 3 months. 577 Investment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 577 Investment's Market Risk Adjusted Performance of 0.4649, information ratio of (0.05), and Variance of 4.36 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 577 Investment are expected to decrease at a much lower rate. During the bear market, 577 Investment is likely to outperform the market. At this point, 577 Investment Corp has a negative expected return of -0.13%. Please make sure to confirm 577 Investment's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if 577 Investment Corp performance from the past will be repeated sooner or later.
Auto-correlation | -0.08 |
Very weak reverse predictability
577 Investment Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between 577 Investment time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 577 Investment Corp price movement. The serial correlation of -0.08 indicates that barely 8.0% of current 577 Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 33.6 K |
577 Investment Corp lagged returns against current returns
Autocorrelation, which is 577 Investment 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 577 Investment's stock expected returns. We can calculate the autocorrelation of 577 Investment returns to help us make a trade decision. For example, suppose you find that 577 Investment 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 |
577 Investment 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 577 Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 577 Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 577 Investment stock over time.
Current vs Lagged Prices |
| Timeline |
577 Investment Lagged Returns
When evaluating 577 Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 577 Investment stock have on its future price. 577 Investment 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, 577 Investment autocorrelation shows the relationship between 577 Investment stock current value and its past values and can show if there is a momentum factor associated with investing in 577 Investment Corp.
Regressed Prices |
| Timeline |
Pair Trading with 577 Investment
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 577 Investment 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 577 Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with 577 Stock
Moving against 577 Stock
The ability to find closely correlated positions to 577 Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 577 Investment 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 577 Investment - 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 577 Investment Corp to buy it.
The correlation of 577 Investment 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 577 Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 577 Investment Corp 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 577 Investment 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 577 Stock
577 Investment financial ratios help investors to determine whether 577 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 577 with respect to the benefits of owning 577 Investment security.