Vow Asa Stock Market Value
| SSHPF Stock | USD 0.19 0.00 0.00% |
| Symbol | Vow |
Vow ASA '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 Vow ASA's pink sheet 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 Vow ASA.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Vow ASA on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Vow ASA or generate 0.0% return on investment in Vow ASA over 90 days. Vow ASA is related to or competes with Bion Environmental, and TOMI Environmental. Vow ASA, together with its subsidiaries, produces, delivers, and maintains systems for processing and purifying wastewat... More
Vow ASA 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 Vow ASA's pink sheet 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 Vow ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 59.02 | |||
| Value At Risk | (8.00) |
Vow ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vow ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vow ASA's standard deviation. In reality, there are many statistical measures that can use Vow ASA historical prices to predict the future Vow ASA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.30) | |||
| Total Risk Alpha | (2.67) | |||
| Treynor Ratio | (1.01) |
Vow ASA Backtested Returns
Vow ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Vow ASA exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vow ASA's Risk Adjusted Performance of (0.09), variance of 82.29, and Coefficient Of Variation of (793.77) to confirm the risk estimate we provide. The entity has a beta of 1.14, which indicates a somewhat significant risk relative to the market. Vow ASA returns are very sensitive to returns on the market. As the market goes up or down, Vow ASA is expected to follow. At this point, Vow ASA has a negative expected return of -1.16%. Please make sure to validate Vow ASA's standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Vow ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Vow ASA has poor predictability. Overlapping area represents the amount of predictability between Vow ASA time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Vow ASA price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Vow ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vow ASA lagged returns against current returns
Autocorrelation, which is Vow ASA pink sheet'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 Vow ASA's pink sheet expected returns. We can calculate the autocorrelation of Vow ASA returns to help us make a trade decision. For example, suppose you find that Vow ASA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Vow ASA 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 Vow ASA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vow ASA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vow ASA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vow ASA Lagged Returns
When evaluating Vow ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vow ASA pink sheet have on its future price. Vow ASA 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, Vow ASA autocorrelation shows the relationship between Vow ASA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vow ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vow Pink Sheet
Vow ASA financial ratios help investors to determine whether Vow Pink Sheet 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 Vow with respect to the benefits of owning Vow ASA security.