Verkkokauppa Oyj's market value is the price at which a share of Verkkokauppa Oyj trades on a public exchange. It measures the collective expectations of Verkkokauppa Oyj investors about its performance. Verkkokauppa Oyj is trading at 1.34 as of the 1st of January 2025, a 3.08 percent up since the beginning of the trading day. The stock's lowest day price was 1.29. With this module, you can estimate the performance of a buy and hold strategy of Verkkokauppa Oyj and determine expected loss or profit from investing in Verkkokauppa Oyj over a given investment horizon. Check out Verkkokauppa Oyj Correlation, Verkkokauppa Oyj Volatility and Verkkokauppa Oyj Alpha and Beta module to complement your research on Verkkokauppa Oyj.
Please note, there is a significant difference between Verkkokauppa Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verkkokauppa Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verkkokauppa Oyj'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.
Verkkokauppa 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 Verkkokauppa 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 Verkkokauppa Oyj.
0.00
01/12/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/01/2025
0.00
If you would invest 0.00 in Verkkokauppa Oyj on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Verkkokauppa Oyj or generate 0.0% return on investment in Verkkokauppa Oyj over 720 days. Verkkokauppa Oyj is related to or competes with Tokmanni Group, Harvia Oyj, Sampo Oyj, Kamux Suomi, and Kesko Oyj. Verkkokauppa.com Oyj operates as an online consumer electronics retailer in Finland More
Verkkokauppa 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 Verkkokauppa 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 Verkkokauppa Oyj 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 Verkkokauppa Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verkkokauppa Oyj's standard deviation. In reality, there are many statistical measures that can use Verkkokauppa Oyj historical prices to predict the future Verkkokauppa Oyj's volatility.
Verkkokauppa Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Verkkokauppa Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verkkokauppa Oyj's Variance of 4.68, coefficient of variation of (997.27), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of -0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Verkkokauppa Oyj are expected to decrease at a much lower rate. During the bear market, Verkkokauppa Oyj is likely to outperform the market. At this point, Verkkokauppa Oyj has a negative expected return of -0.38%. Please make sure to validate Verkkokauppa Oyj's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Verkkokauppa Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation
0.41
Average predictability
Verkkokauppa Oyj has average predictability. Overlapping area represents the amount of predictability between Verkkokauppa Oyj time series from 12th of January 2023 to 7th of January 2024 and 7th of January 2024 to 1st 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 Verkkokauppa Oyj price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Verkkokauppa Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient
0.41
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
0.14
Verkkokauppa Oyj lagged returns against current returns
Autocorrelation, which is Verkkokauppa 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 Verkkokauppa Oyj's stock expected returns. We can calculate the autocorrelation of Verkkokauppa Oyj returns to help us make a trade decision. For example, suppose you find that Verkkokauppa 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
Verkkokauppa 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 Verkkokauppa Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verkkokauppa Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verkkokauppa Oyj stock over time.
Current vs Lagged Prices
Timeline
Verkkokauppa Oyj Lagged Returns
When evaluating Verkkokauppa Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verkkokauppa Oyj stock have on its future price. Verkkokauppa 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, Verkkokauppa Oyj autocorrelation shows the relationship between Verkkokauppa Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Verkkokauppa 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 Verkkokauppa Stock
Verkkokauppa Oyj financial ratios help investors to determine whether Verkkokauppa 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 Verkkokauppa with respect to the benefits of owning Verkkokauppa Oyj security.