VGP NV (Belgium) Market Value
| VGP Stock | EUR 80.70 1.00 1.22% |
| Symbol | VGP |
VGP NV '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 VGP NV'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 VGP NV.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in VGP NV on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding VGP NV or generate 0.0% return on investment in VGP NV over 60 days. VGP NV is related to or competes with Warehouses, Sofina Socit, Aedifica, Xior Student, and Ackermans Van. VGP NV, together with its subsidiaries, acquires, develops, constructs, and manages logistics and semi-industrial real e... More
VGP NV 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 VGP NV'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 VGP NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0576 | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.32 |
VGP NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VGP NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VGP NV's standard deviation. In reality, there are many statistical measures that can use VGP NV historical prices to predict the future VGP NV's volatility.| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.0724 | |||
| Total Risk Alpha | 0.1123 | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 0.194 |
VGP NV Backtested Returns
Currently, VGP NV is very steady. VGP NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0496, which indicates the firm had a 0.0496 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for VGP NV, which you can use to evaluate the volatility of the company. Please validate VGP NV's risk adjusted performance of 0.0413, and Coefficient Of Variation of 2039.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.0757%. VGP NV has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VGP NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding VGP NV is expected to be smaller as well. VGP NV currently has a risk of 1.53%. Please validate VGP NV maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if VGP NV will be following its existing price patterns.
Auto-correlation | 0.39 |
Below average predictability
VGP NV has below average predictability. Overlapping area represents the amount of predictability between VGP NV time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 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 VGP NV price movement. The serial correlation of 0.39 indicates that just about 39.0% of current VGP NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.98 |
VGP NV lagged returns against current returns
Autocorrelation, which is VGP NV 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 VGP NV's stock expected returns. We can calculate the autocorrelation of VGP NV returns to help us make a trade decision. For example, suppose you find that VGP NV 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 |
VGP NV 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 VGP NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VGP NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VGP NV stock over time.
Current vs Lagged Prices |
| Timeline |
VGP NV Lagged Returns
When evaluating VGP NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VGP NV stock have on its future price. VGP NV 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, VGP NV autocorrelation shows the relationship between VGP NV stock current value and its past values and can show if there is a momentum factor associated with investing in VGP NV.
Regressed Prices |
| Timeline |
Pair Trading with VGP NV
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 VGP NV 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 VGP NV will appreciate offsetting losses from the drop in the long position's value.Moving together with VGP Stock
Moving against VGP Stock
| 0.5 | DIEG | Immolease Trust NV | PairCorr |
| 0.48 | UCB | UCB SA | PairCorr |
| 0.41 | UMI | Umicore SA | PairCorr |
| 0.35 | ATEB | Atenor SA | PairCorr |
The ability to find closely correlated positions to VGP NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VGP NV 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 VGP NV - 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 VGP NV to buy it.
The correlation of VGP NV 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 VGP NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VGP NV 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 VGP NV 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.Additional Tools for VGP Stock Analysis
When running VGP NV's price analysis, check to measure VGP NV's 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 VGP NV is operating at the current time. Most of VGP NV's value examination focuses on studying past and present price action to predict the probability of VGP NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VGP NV's price. Additionally, you may evaluate how the addition of VGP NV to your portfolios can decrease your overall portfolio volatility.