VIETNAM ENTERPRISE (Germany) Market Value
| VP3 Stock | EUR 6.90 0.05 0.72% |
| Symbol | VIETNAM |
VIETNAM ENTERPRISE '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 VIETNAM ENTERPRISE'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 VIETNAM ENTERPRISE.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in VIETNAM ENTERPRISE on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding VIETNAM ENTERPRISE INV or generate 0.0% return on investment in VIETNAM ENTERPRISE over 30 days. VIETNAM ENTERPRISE is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. Vietnam Enterprise Investments Limited is a closed ended equity mutual fund launched and managed by Dragon Capital Manag... More
VIETNAM ENTERPRISE 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 VIETNAM ENTERPRISE'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 VIETNAM ENTERPRISE INV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 1.54 |
VIETNAM ENTERPRISE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIETNAM ENTERPRISE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIETNAM ENTERPRISE's standard deviation. In reality, there are many statistical measures that can use VIETNAM ENTERPRISE historical prices to predict the future VIETNAM ENTERPRISE's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0643 |
VIETNAM ENTERPRISE INV Backtested Returns
At this point, VIETNAM ENTERPRISE is not too volatile. VIETNAM ENTERPRISE INV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0587, which indicates the firm had a 0.0587% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for VIETNAM ENTERPRISE INV, which you can use to evaluate the volatility of the company. Please validate VIETNAM ENTERPRISE's coefficient of variation of 2099.47, and Risk Adjusted Performance of 0.0376 to confirm if the risk estimate we provide is consistent with the expected return of 0.0613%. VIETNAM ENTERPRISE has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIETNAM ENTERPRISE's returns are expected to increase less than the market. However, during the bear market, the loss of holding VIETNAM ENTERPRISE is expected to be smaller as well. VIETNAM ENTERPRISE INV currently has a risk of 1.04%. Please validate VIETNAM ENTERPRISE jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if VIETNAM ENTERPRISE will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
VIETNAM ENTERPRISE INV has below average predictability. Overlapping area represents the amount of predictability between VIETNAM ENTERPRISE time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 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 VIETNAM ENTERPRISE INV price movement. The serial correlation of 0.36 indicates that just about 36.0% of current VIETNAM ENTERPRISE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
VIETNAM ENTERPRISE INV lagged returns against current returns
Autocorrelation, which is VIETNAM ENTERPRISE 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 VIETNAM ENTERPRISE's stock expected returns. We can calculate the autocorrelation of VIETNAM ENTERPRISE returns to help us make a trade decision. For example, suppose you find that VIETNAM ENTERPRISE 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 |
VIETNAM ENTERPRISE 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 VIETNAM ENTERPRISE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIETNAM ENTERPRISE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIETNAM ENTERPRISE stock over time.
Current vs Lagged Prices |
| Timeline |
VIETNAM ENTERPRISE Lagged Returns
When evaluating VIETNAM ENTERPRISE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIETNAM ENTERPRISE stock have on its future price. VIETNAM ENTERPRISE 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, VIETNAM ENTERPRISE autocorrelation shows the relationship between VIETNAM ENTERPRISE stock current value and its past values and can show if there is a momentum factor associated with investing in VIETNAM ENTERPRISE INV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VIETNAM Stock
VIETNAM ENTERPRISE financial ratios help investors to determine whether VIETNAM 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 VIETNAM with respect to the benefits of owning VIETNAM ENTERPRISE security.