Vnet Group Drc Stock Market Value
| VNET Stock | USD 3.86 0.27 7.52% |
| Symbol | VNET |
VNET Group DRC Price To Book Ratio
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VNET Group. If investors know VNET will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VNET Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.333 | Earnings Share (2.24) | Revenue Per Share 36.922 | Quarterly Revenue Growth 0.094 | Return On Assets (0) |
The market value of VNET Group DRC is measured differently than its book value, which is the value of VNET that is recorded on the company's balance sheet. Investors also form their own opinion of VNET Group's value that differs from its market value or its book value, called intrinsic value, which is VNET Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VNET Group's market value can be influenced by many factors that don't directly affect VNET Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VNET Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if VNET Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VNET Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
VNET Group '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 VNET Group'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 VNET Group.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in VNET Group on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding VNET Group DRC or generate 0.0% return on investment in VNET Group over 30 days. VNET Group is related to or competes with CLARIVATE PLC, WNS Holdings, GDS Holdings, CACI International, ExlService Holdings, Taskus, and Genpact. VNET Group, Inc., an investment holding company, provides hosting and related services in China More
VNET Group 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 VNET Group'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 VNET Group DRC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.89 | |||
| Information Ratio | 0.165 | |||
| Maximum Drawdown | 34.5 | |||
| Value At Risk | (9.11) | |||
| Potential Upside | 12.1 |
VNET Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VNET Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VNET Group's standard deviation. In reality, there are many statistical measures that can use VNET Group historical prices to predict the future VNET Group's volatility.| Risk Adjusted Performance | 0.1498 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | 0.2105 | |||
| Sortino Ratio | 0.1848 | |||
| Treynor Ratio | 1.99 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VNET Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VNET Group DRC Backtested Returns
VNET Group appears to be very risky, given 3 months investment horizon. VNET Group DRC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of volatility over the last 3 months. By examining VNET Group's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review VNET Group's coefficient of variation of 543.47, and Risk Adjusted Performance of 0.1498 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VNET Group holds a performance score of 9. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VNET Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding VNET Group is expected to be smaller as well. Please check VNET Group's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether VNET Group's existing price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
VNET Group DRC has insignificant reverse predictability. Overlapping area represents the amount of predictability between VNET Group time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 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 VNET Group DRC price movement. The serial correlation of -0.11 indicates that less than 11.0% of current VNET Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
VNET Group DRC lagged returns against current returns
Autocorrelation, which is VNET Group 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 VNET Group's stock expected returns. We can calculate the autocorrelation of VNET Group returns to help us make a trade decision. For example, suppose you find that VNET Group 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 |
VNET Group 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 VNET Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VNET Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VNET Group stock over time.
Current vs Lagged Prices |
| Timeline |
VNET Group Lagged Returns
When evaluating VNET Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VNET Group stock have on its future price. VNET Group 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, VNET Group autocorrelation shows the relationship between VNET Group stock current value and its past values and can show if there is a momentum factor associated with investing in VNET Group DRC.
Regressed Prices |
| Timeline |
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Additional Tools for VNET Stock Analysis
When running VNET Group's price analysis, check to measure VNET Group'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 VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.