VIDRALA (Germany) Market Value
| VIR Stock | EUR 99.30 0.60 0.60% |
| Symbol | VIDRALA |
VIDRALA '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 VIDRALA'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 VIDRALA.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in VIDRALA on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding VIDRALA or generate 0.0% return on investment in VIDRALA over 90 days. VIDRALA is related to or competes with Gaztransport Technigaz, Broadcom, Axway Software, ATOSS SOFTWARE, SOLSTAD OFFSHORE, MAGIC SOFTWARE, and Nishi-Nippon Railroad. More
VIDRALA 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 VIDRALA'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 VIDRALA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.1937 | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 2.12 |
VIDRALA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIDRALA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIDRALA's standard deviation. In reality, there are many statistical measures that can use VIDRALA historical prices to predict the future VIDRALA's volatility.| Risk Adjusted Performance | 0.0786 | |||
| Jensen Alpha | 0.144 | |||
| Total Risk Alpha | 0.2855 | |||
| Sortino Ratio | 0.226 | |||
| Treynor Ratio | 0.2775 |
VIDRALA Backtested Returns
At this point, VIDRALA is very steady. VIDRALA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0638, which indicates the firm had a 0.0638 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for VIDRALA, which you can use to evaluate the volatility of the company. Please validate VIDRALA's risk adjusted performance of 0.0786, and Coefficient Of Variation of 1102.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.0777%. VIDRALA has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIDRALA's returns are expected to increase less than the market. However, during the bear market, the loss of holding VIDRALA is expected to be smaller as well. VIDRALA currently has a risk of 1.22%. Please validate VIDRALA downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if VIDRALA will be following its existing price patterns.
Auto-correlation | -0.52 |
Good reverse predictability
VIDRALA has good reverse predictability. Overlapping area represents the amount of predictability between VIDRALA time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 VIDRALA price movement. The serial correlation of -0.52 indicates that about 52.0% of current VIDRALA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
VIDRALA lagged returns against current returns
Autocorrelation, which is VIDRALA 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 VIDRALA's stock expected returns. We can calculate the autocorrelation of VIDRALA returns to help us make a trade decision. For example, suppose you find that VIDRALA 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 |
VIDRALA 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 VIDRALA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIDRALA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIDRALA stock over time.
Current vs Lagged Prices |
| Timeline |
VIDRALA Lagged Returns
When evaluating VIDRALA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIDRALA stock have on its future price. VIDRALA 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, VIDRALA autocorrelation shows the relationship between VIDRALA stock current value and its past values and can show if there is a momentum factor associated with investing in VIDRALA.
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.Other Information on Investing in VIDRALA Stock
VIDRALA financial ratios help investors to determine whether VIDRALA 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 VIDRALA with respect to the benefits of owning VIDRALA security.