Venzee Technologies Stock Market Value
| VENZ Stock | CAD 0.13 0.00 0.00% |
| Symbol | Venzee |
Venzee Technologies Price To Book Ratio
Venzee Technologies '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 Venzee Technologies' 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 Venzee Technologies.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Venzee Technologies on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Venzee Technologies or generate 0.0% return on investment in Venzee Technologies over 30 days. Venzee Technologies is related to or competes with Quisitive Technology, Gatekeeper Systems, and Plurilock Security. Venzee Technologies Inc. develops and markets a cloud-based platform for suppliers and manufactures in various industrie... More
Venzee Technologies 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 Venzee Technologies' 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 Venzee Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 31.93 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.33 |
Venzee Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Venzee Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Venzee Technologies' standard deviation. In reality, there are many statistical measures that can use Venzee Technologies historical prices to predict the future Venzee Technologies' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (1.24) |
Venzee Technologies Backtested Returns
Venzee Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Venzee Technologies exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Venzee Technologies' Variance of 30.58, coefficient of variation of (581.70), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Venzee Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Venzee Technologies is expected to be smaller as well. At this point, Venzee Technologies has a negative expected return of -0.65%. Please make sure to validate Venzee Technologies' total risk alpha, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Venzee Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Venzee Technologies has good reverse predictability. Overlapping area represents the amount of predictability between Venzee Technologies time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Venzee Technologies price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Venzee Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Venzee Technologies lagged returns against current returns
Autocorrelation, which is Venzee Technologies 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 Venzee Technologies' stock expected returns. We can calculate the autocorrelation of Venzee Technologies returns to help us make a trade decision. For example, suppose you find that Venzee Technologies 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 |
Venzee Technologies 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 Venzee Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Venzee Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Venzee Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Venzee Technologies Lagged Returns
When evaluating Venzee Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Venzee Technologies stock have on its future price. Venzee Technologies 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, Venzee Technologies autocorrelation shows the relationship between Venzee Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Venzee Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Venzee Stock Analysis
When running Venzee Technologies' price analysis, check to measure Venzee Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Venzee Technologies is operating at the current time. Most of Venzee Technologies' value examination focuses on studying past and present price action to predict the probability of Venzee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Venzee Technologies' price. Additionally, you may evaluate how the addition of Venzee Technologies to your portfolios can decrease your overall portfolio volatility.