Valmet Oyj (Finland) Market Value
| VALMT Stock | EUR 22.19 0.07 0.32% |
| Symbol | Valmet |
Valmet Oyj '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 Valmet Oyj'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 Valmet Oyj.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Valmet Oyj on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Valmet Oyj or generate 0.0% return on investment in Valmet Oyj over 720 days. Valmet Oyj is related to or competes with UPM Kymmene, Wartsila Oyj, Sampo Oyj, Konecranes Plc, and Nordea Bank. Valmet Oyj, together with its subsidiaries, develops and supplies process technologies, automation, and services for the... More
Valmet Oyj 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 Valmet Oyj'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 Valmet Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.45 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.3 |
Valmet Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valmet Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valmet Oyj's standard deviation. In reality, there are many statistical measures that can use Valmet Oyj historical prices to predict the future Valmet Oyj's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Valmet Oyj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Valmet Oyj Backtested Returns
Valmet Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0612, which indicates the firm had a -0.0612% return per unit of risk over the last 3 months. Valmet Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Valmet Oyj's Coefficient Of Variation of (1,303), risk adjusted performance of (0.05), and Variance of 5.19 to confirm the risk estimate we provide. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Valmet Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Valmet Oyj is expected to be smaller as well. At this point, Valmet Oyj has a negative expected return of -0.14%. Please make sure to validate Valmet Oyj's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Valmet Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Valmet Oyj has weak reverse predictability. Overlapping area represents the amount of predictability between Valmet Oyj time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Valmet Oyj price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Valmet Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
Valmet Oyj lagged returns against current returns
Autocorrelation, which is Valmet Oyj 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 Valmet Oyj's stock expected returns. We can calculate the autocorrelation of Valmet Oyj returns to help us make a trade decision. For example, suppose you find that Valmet Oyj 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 |
Valmet Oyj 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 Valmet Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valmet Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valmet Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Valmet Oyj Lagged Returns
When evaluating Valmet Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valmet Oyj stock have on its future price. Valmet Oyj 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, Valmet Oyj autocorrelation shows the relationship between Valmet Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Valmet Oyj.
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 Valmet Stock
Valmet Oyj financial ratios help investors to determine whether Valmet 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 Valmet with respect to the benefits of owning Valmet Oyj security.