Vaxtex Cotfab's market value is the price at which a share of Vaxtex Cotfab trades on a public exchange. It measures the collective expectations of Vaxtex Cotfab Limited investors about its performance. Vaxtex Cotfab is trading at 0.94 as of the 4th of January 2025, a 2.17 percent increase since the beginning of the trading day. The stock's lowest day price was 0.88. With this module, you can estimate the performance of a buy and hold strategy of Vaxtex Cotfab Limited and determine expected loss or profit from investing in Vaxtex Cotfab over a given investment horizon. Check out Vaxtex Cotfab Correlation, Vaxtex Cotfab Volatility and Vaxtex Cotfab Alpha and Beta module to complement your research on Vaxtex Cotfab.
Please note, there is a significant difference between Vaxtex Cotfab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vaxtex Cotfab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vaxtex Cotfab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Vaxtex Cotfab '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 Vaxtex Cotfab'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 Vaxtex Cotfab.
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11/05/2024
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In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in Vaxtex Cotfab on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vaxtex Cotfab Limited or generate 0.0% return on investment in Vaxtex Cotfab over 60 days. Vaxtex Cotfab is related to or competes with Tata Consultancy, Quess Corp, Reliance Industries, SIS, Wipro, and State Bank. Vaxtex Cotfab is entity of India. It is traded as Stock on NSE exchange. More
Vaxtex Cotfab 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 Vaxtex Cotfab'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 Vaxtex Cotfab Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaxtex Cotfab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaxtex Cotfab's standard deviation. In reality, there are many statistical measures that can use Vaxtex Cotfab historical prices to predict the future Vaxtex Cotfab's volatility.
Vaxtex Cotfab appears to be dangerous, given 3 months investment horizon. Vaxtex Cotfab Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vaxtex Cotfab Limited, which you can use to evaluate the volatility of the company. Please review Vaxtex Cotfab's Risk Adjusted Performance of 0.053, coefficient of variation of 1767.23, and Semi Deviation of 2.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vaxtex Cotfab holds a performance score of 8. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vaxtex Cotfab's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vaxtex Cotfab is expected to be smaller as well. Please check Vaxtex Cotfab's downside variance and the relationship between the skewness and day typical price , to make a quick decision on whether Vaxtex Cotfab's existing price patterns will revert.
Auto-correlation
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Very weak reverse predictability
Vaxtex Cotfab Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Vaxtex Cotfab 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 Vaxtex Cotfab Limited price movement. The serial correlation of -0.01 indicates that just 1.0% of current Vaxtex Cotfab price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
-0.02
Residual Average
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Price Variance
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Vaxtex Cotfab Limited lagged returns against current returns
Autocorrelation, which is Vaxtex Cotfab 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 Vaxtex Cotfab's stock expected returns. We can calculate the autocorrelation of Vaxtex Cotfab returns to help us make a trade decision. For example, suppose you find that Vaxtex Cotfab 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
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Vaxtex Cotfab 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 Vaxtex Cotfab stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaxtex Cotfab stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaxtex Cotfab stock over time.
Current vs Lagged Prices
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Vaxtex Cotfab Lagged Returns
When evaluating Vaxtex Cotfab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaxtex Cotfab stock have on its future price. Vaxtex Cotfab 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, Vaxtex Cotfab autocorrelation shows the relationship between Vaxtex Cotfab stock current value and its past values and can show if there is a momentum factor associated with investing in Vaxtex Cotfab Limited.
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.
Vaxtex Cotfab financial ratios help investors to determine whether Vaxtex 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 Vaxtex with respect to the benefits of owning Vaxtex Cotfab security.