Virgin Wines (UK) Market Value
| VINO Stock | 35.50 0.00 0.00% |
| Symbol | Virgin |
Virgin Wines '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 Virgin Wines' 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 Virgin Wines.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Virgin Wines on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Virgin Wines UK or generate 0.0% return on investment in Virgin Wines over 30 days. Virgin Wines is related to or competes with National Atomic, Flutter Entertainment, Camellia Plc, Marwyn Value, and Games Workshop. Virgin Wines is entity of United Kingdom More
Virgin Wines 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 Virgin Wines' 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 Virgin Wines UK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 7.79 | |||
| Value At Risk | (2.33) |
Virgin Wines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virgin Wines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virgin Wines' standard deviation. In reality, there are many statistical measures that can use Virgin Wines historical prices to predict the future Virgin Wines' volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (2.32) |
Virgin Wines UK Backtested Returns
Virgin Wines UK owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.26, which indicates the firm had a -0.26% return per unit of risk over the last 3 months. Virgin Wines UK exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virgin Wines' Risk Adjusted Performance of (0.20), variance of 1.24, and Coefficient Of Variation of (370.32) to confirm the risk estimate we provide. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Virgin Wines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Virgin Wines is expected to be smaller as well. At this point, Virgin Wines UK has a negative expected return of -0.29%. Please make sure to validate Virgin Wines' accumulation distribution, day median price, and the relationship between the kurtosis and rate of daily change , to decide if Virgin Wines UK performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Virgin Wines UK has below average predictability. Overlapping area represents the amount of predictability between Virgin Wines time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Virgin Wines UK price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Virgin Wines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Virgin Wines UK lagged returns against current returns
Autocorrelation, which is Virgin Wines 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 Virgin Wines' stock expected returns. We can calculate the autocorrelation of Virgin Wines returns to help us make a trade decision. For example, suppose you find that Virgin Wines 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 |
Virgin Wines 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 Virgin Wines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virgin Wines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virgin Wines stock over time.
Current vs Lagged Prices |
| Timeline |
Virgin Wines Lagged Returns
When evaluating Virgin Wines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virgin Wines stock have on its future price. Virgin Wines 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, Virgin Wines autocorrelation shows the relationship between Virgin Wines stock current value and its past values and can show if there is a momentum factor associated with investing in Virgin Wines UK.
Regressed Prices |
| Timeline |
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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.Additional Tools for Virgin Stock Analysis
When running Virgin Wines' price analysis, check to measure Virgin Wines' 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 Virgin Wines is operating at the current time. Most of Virgin Wines' value examination focuses on studying past and present price action to predict the probability of Virgin Wines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Wines' price. Additionally, you may evaluate how the addition of Virgin Wines to your portfolios can decrease your overall portfolio volatility.