Virgin Media Communications Market Value
| 92769VAJ8 | 86.35 0.60 0.70% |
| Symbol | Virgin |
Virgin '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 Virgin's bond 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 Virgin.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Virgin on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Virgin Media Communications or generate 0.0% return on investment in Virgin over 30 days. Virgin is related to or competes with Franklin Street, MYR, Live Ventures, RBC Bearings, United Homes, Griffon, and Chart Industries. More
Virgin 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 Virgin's bond 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 Virgin Media Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 21.28 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.63 |
Virgin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virgin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virgin's standard deviation. In reality, there are many statistical measures that can use Virgin historical prices to predict the future Virgin's volatility.| Risk Adjusted Performance | 0.0123 | |||
| Jensen Alpha | 0.0502 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.02) |
Virgin Media Communi Backtested Returns
At this point, Virgin is very steady. Virgin Media Communi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0147, which indicates the bond had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Virgin Media Communications, which you can use to evaluate the volatility of the bond. Please validate Virgin's Risk Adjusted Performance of 0.0123, semi deviation of 2.19, and Coefficient Of Variation of 14028.96 to confirm if the risk estimate we provide is consistent with the expected return of 0.0078%. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Virgin are expected to decrease at a much lower rate. During the bear market, Virgin is likely to outperform the market.
Auto-correlation | 0.30 |
Below average predictability
Virgin Media Communications has below average predictability. Overlapping area represents the amount of predictability between Virgin time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Virgin Media Communi price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Virgin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Virgin Media Communi lagged returns against current returns
Autocorrelation, which is Virgin bond'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 Virgin's bond expected returns. We can calculate the autocorrelation of Virgin returns to help us make a trade decision. For example, suppose you find that Virgin has exhibited high autocorrelation historically, and you observe that the bond 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 |
Virgin 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 Virgin bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virgin bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virgin bond over time.
Current vs Lagged Prices |
| Timeline |
Virgin Lagged Returns
When evaluating Virgin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virgin bond have on its future price. Virgin 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, Virgin autocorrelation shows the relationship between Virgin bond current value and its past values and can show if there is a momentum factor associated with investing in Virgin Media Communications.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Virgin Bond
Virgin financial ratios help investors to determine whether Virgin Bond 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 Virgin with respect to the benefits of owning Virgin security.