Vow ASA (Norway) Market Value
| VOW Stock | NOK 1.51 0.02 1.31% |
| Symbol | Vow |
Vow ASA '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 Vow ASA'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 Vow ASA.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Vow ASA on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Vow ASA or generate 0.0% return on investment in Vow ASA over 30 days. Vow ASA is related to or competes with Hexagon Composites, Vow Green, REC Silicon, Aker Carbon, and Kitron ASA. VOW ASA, together with its subsidiaries, manufactures and supplies systems for processing and purifying waste water, foo... More
Vow ASA 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 Vow ASA'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 Vow ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.86 | |||
| Information Ratio | 0.0055 | |||
| Maximum Drawdown | 50.67 | |||
| Value At Risk | (7.88) | |||
| Potential Upside | 7.36 |
Vow ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vow ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vow ASA's standard deviation. In reality, there are many statistical measures that can use Vow ASA historical prices to predict the future Vow ASA's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | 0.0322 | |||
| Total Risk Alpha | 0.0887 | |||
| Sortino Ratio | 0.0076 | |||
| Treynor Ratio | 0.1044 |
Vow ASA Backtested Returns
As of now, Vow Stock is extremely dangerous. Vow ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0265, which indicates the firm had a 0.0265 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vow ASA, which you can use to evaluate the volatility of the company. Please validate Vow ASA's Semi Deviation of 4.25, risk adjusted performance of 0.0134, and Coefficient Of Variation of 16455.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Vow ASA has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vow ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vow ASA is expected to be smaller as well. Vow ASA right now has a risk of 6.56%. Please validate Vow ASA kurtosis, and the relationship between the downside variance and day median price , to decide if Vow ASA will be following its existing price patterns.
Auto-correlation | 0.51 |
Modest predictability
Vow ASA has modest predictability. Overlapping area represents the amount of predictability between Vow ASA time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Vow ASA price movement. The serial correlation of 0.51 indicates that about 51.0% of current Vow ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vow ASA lagged returns against current returns
Autocorrelation, which is Vow ASA 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 Vow ASA's stock expected returns. We can calculate the autocorrelation of Vow ASA returns to help us make a trade decision. For example, suppose you find that Vow ASA 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 |
Vow ASA 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 Vow ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vow ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vow ASA stock over time.
Current vs Lagged Prices |
| Timeline |
Vow ASA Lagged Returns
When evaluating Vow ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vow ASA stock have on its future price. Vow ASA 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, Vow ASA autocorrelation shows the relationship between Vow ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Vow ASA.
Regressed Prices |
| Timeline |
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Vow ASA financial ratios help investors to determine whether Vow 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 Vow with respect to the benefits of owning Vow ASA security.