Verses Ai Stock Market Value
| VERS Stock | 1.63 0.08 4.68% |
| Symbol | VERSES |
VERSES AI '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 VERSES AI'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 VERSES AI.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in VERSES AI on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding VERSES AI or generate 0.0% return on investment in VERSES AI over 720 days. VERSES AI is related to or competes with Maple Leaf, Brookfield Asset, Andlauer Healthcare, Information Services, High Liner, and Jamieson Wellness. More
VERSES AI 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 VERSES AI'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 VERSES AI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.88 | |||
| Information Ratio | 0.1566 | |||
| Maximum Drawdown | 148.17 | |||
| Value At Risk | (13.24) | |||
| Potential Upside | 21.43 |
VERSES AI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VERSES AI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VERSES AI's standard deviation. In reality, there are many statistical measures that can use VERSES AI historical prices to predict the future VERSES AI's volatility.| Risk Adjusted Performance | 0.1355 | |||
| Jensen Alpha | 3.22 | |||
| Total Risk Alpha | 2.64 | |||
| Sortino Ratio | 0.387 | |||
| Treynor Ratio | (0.34) |
VERSES AI Backtested Returns
VERSES AI is out of control given 3 months investment horizon. VERSES AI owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.08% are justified by taking the suggested risk. Use VERSES AI risk adjusted performance of 0.1355, and Coefficient Of Variation of 632.7 to evaluate company specific risk that cannot be diversified away. VERSES AI holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -9.03, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning VERSES AI are expected to decrease by larger amounts. On the other hand, during market turmoil, VERSES AI is expected to outperform it. Use VERSES AI treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on VERSES AI.
Auto-correlation | -0.15 |
Insignificant reverse predictability
VERSES AI has insignificant reverse predictability. Overlapping area represents the amount of predictability between VERSES AI time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 VERSES AI price movement. The serial correlation of -0.15 indicates that less than 15.0% of current VERSES AI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
VERSES AI lagged returns against current returns
Autocorrelation, which is VERSES AI 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 VERSES AI's stock expected returns. We can calculate the autocorrelation of VERSES AI returns to help us make a trade decision. For example, suppose you find that VERSES AI 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 |
VERSES AI 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 VERSES AI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VERSES AI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VERSES AI stock over time.
Current vs Lagged Prices |
| Timeline |
VERSES AI Lagged Returns
When evaluating VERSES AI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VERSES AI stock have on its future price. VERSES AI 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, VERSES AI autocorrelation shows the relationship between VERSES AI stock current value and its past values and can show if there is a momentum factor associated with investing in VERSES AI.
Regressed Prices |
| Timeline |
Pair Trading with VERSES AI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VERSES AI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VERSES AI will appreciate offsetting losses from the drop in the long position's value.Moving together with VERSES Stock
Moving against VERSES Stock
| 0.73 | VBNK | VersaBank | PairCorr |
| 0.33 | BOFA | Bank of America Earnings Call This Week | PairCorr |
| 0.31 | NG | NovaGold Resources | PairCorr |
The ability to find closely correlated positions to VERSES AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VERSES AI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VERSES AI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VERSES AI to buy it.
The correlation of VERSES AI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VERSES AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VERSES AI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VERSES AI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in VERSES Stock
VERSES AI financial ratios help investors to determine whether VERSES 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 VERSES with respect to the benefits of owning VERSES AI security.