5n Plus Stock Market Value
| VNP Stock | CAD 5.28 0.04 0.76% |
| Symbol | VNP |
5N Plus Price To Book Ratio
5N Plus '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 5N Plus' 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 5N Plus.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in 5N Plus on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding 5N Plus or generate 0.0% return on investment in 5N Plus over 90 days. 5N Plus is related to or competes with Boralex, and Innergex Renewable. 5N Plus Inc. produces and sells engineered materials and specialty chemicals in Europe, Asia, the Americas, and internat... More
5N Plus 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 5N Plus' 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 5N Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.38 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 4.0 |
5N Plus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 5N Plus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 5N Plus' standard deviation. In reality, there are many statistical measures that can use 5N Plus historical prices to predict the future 5N Plus' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.1097 | |||
| Treynor Ratio | (0.24) |
5N Plus Backtested Returns
5N Plus retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11 % return per unit of price deviation over the last 3 months. 5N Plus exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 5N Plus' Market Risk Adjusted Performance of (0.23), information ratio of (0.05), and Variance of 7.75 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.99, which signifies possible diversification benefits within a given portfolio. 5N Plus returns are very sensitive to returns on the market. As the market goes up or down, 5N Plus is expected to follow. At this point, 5N Plus has a negative expected return of -0.3%. Please make sure to confirm 5N Plus' standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if 5N Plus performance from the past will be repeated sooner or later.
Auto-correlation | -0.83 |
Excellent reverse predictability
5N Plus has excellent reverse predictability. Overlapping area represents the amount of predictability between 5N Plus time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 5N Plus price movement. The serial correlation of -0.83 indicates that around 83.0% of current 5N Plus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
5N Plus lagged returns against current returns
Autocorrelation, which is 5N Plus 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 5N Plus' stock expected returns. We can calculate the autocorrelation of 5N Plus returns to help us make a trade decision. For example, suppose you find that 5N Plus 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 |
5N Plus 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 5N Plus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 5N Plus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 5N Plus stock over time.
Current vs Lagged Prices |
| Timeline |
5N Plus Lagged Returns
When evaluating 5N Plus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 5N Plus stock have on its future price. 5N Plus 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, 5N Plus autocorrelation shows the relationship between 5N Plus stock current value and its past values and can show if there is a momentum factor associated with investing in 5N Plus.
Regressed Prices |
| Timeline |
Other Information on Investing in VNP Stock
5N Plus financial ratios help investors to determine whether VNP 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 VNP with respect to the benefits of owning 5N Plus security.