Visa Inc Cdr Stock Market Value
| VISA Stock | 30.21 0.31 1.04% |
| Symbol | Visa |
Visa '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 Visa'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 Visa.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Visa on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Visa Inc CDR or generate 0.0% return on investment in Visa over 690 days. Visa is related to or competes with IShares Canadian, PHN Multi, Global X, Altagas Cum, EcoSynthetix, Financial, and Rubicon Organics. Visa is entity of Canada. It is traded as Stock on NEO exchange. More
Visa 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 Visa'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 Visa Inc CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0964 | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.15 |
Visa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Visa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Visa's standard deviation. In reality, there are many statistical measures that can use Visa historical prices to predict the future Visa's volatility.| Risk Adjusted Performance | 0.1538 | |||
| Jensen Alpha | 0.2204 | |||
| Total Risk Alpha | 0.0469 | |||
| Sortino Ratio | 0.0894 | |||
| Treynor Ratio | 1.62 |
Visa Inc CDR Backtested Returns
Visa appears to be very steady, given 3 months investment horizon. Visa Inc CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Visa Inc CDR, which you can use to evaluate the volatility of the company. Please review Visa's Risk Adjusted Performance of 0.1538, semi deviation of 1.06, and Coefficient Of Variation of 511.37 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Visa holds a performance score of 13. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Visa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Visa is expected to be smaller as well. Please check Visa's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Visa's existing price patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
Visa Inc CDR has below average predictability. Overlapping area represents the amount of predictability between Visa time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Visa Inc CDR price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Visa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
Visa Inc CDR lagged returns against current returns
Autocorrelation, which is Visa 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 Visa's stock expected returns. We can calculate the autocorrelation of Visa returns to help us make a trade decision. For example, suppose you find that Visa 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 |
Visa 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 Visa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Visa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Visa stock over time.
Current vs Lagged Prices |
| Timeline |
Visa Lagged Returns
When evaluating Visa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Visa stock have on its future price. Visa 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, Visa autocorrelation shows the relationship between Visa stock current value and its past values and can show if there is a momentum factor associated with investing in Visa Inc CDR.
Regressed Prices |
| Timeline |
Pair Trading with Visa
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 Visa 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 Visa will appreciate offsetting losses from the drop in the long position's value.Moving against Visa Stock
The ability to find closely correlated positions to Visa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Visa 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 Visa - 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 Visa Inc CDR to buy it.
The correlation of Visa 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 Visa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Visa Inc CDR 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 Visa 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 Visa Stock
Visa financial ratios help investors to determine whether Visa 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 Visa with respect to the benefits of owning Visa security.