Vibhor Steel (India) Market Value
| VSTL Stock | 224.05 1.50 0.67% |
| Symbol | Vibhor |
Vibhor Steel '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 Vibhor Steel'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 Vibhor Steel.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Vibhor Steel on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Vibhor Steel Tubes or generate 0.0% return on investment in Vibhor Steel over 180 days. Vibhor Steel is related to or competes with NMDC, Embassy Office, Gujarat Narmada, Gujarat Alkalies, and India Glycols. Vibhor Steel is entity of India. It is traded as Stock on NSE exchange. More
Vibhor Steel 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 Vibhor Steel'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 Vibhor Steel Tubes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.55 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.59 |
Vibhor Steel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vibhor Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vibhor Steel's standard deviation. In reality, there are many statistical measures that can use Vibhor Steel historical prices to predict the future Vibhor Steel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.24) |
Vibhor Steel Tubes Backtested Returns
Vibhor Steel Tubes owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0536, which indicates the firm had a -0.0536% return per unit of risk over the last 3 months. Vibhor Steel Tubes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vibhor Steel's Coefficient Of Variation of (1,925), variance of 6.56, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vibhor Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vibhor Steel is expected to be smaller as well. At this point, Vibhor Steel Tubes has a negative expected return of -0.14%. Please make sure to validate Vibhor Steel's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Vibhor Steel Tubes performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Vibhor Steel Tubes has very weak reverse predictability. Overlapping area represents the amount of predictability between Vibhor Steel time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Vibhor Steel Tubes price movement. The serial correlation of -0.01 indicates that just 1.0% of current Vibhor Steel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 309.84 |
Vibhor Steel Tubes lagged returns against current returns
Autocorrelation, which is Vibhor Steel 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 Vibhor Steel's stock expected returns. We can calculate the autocorrelation of Vibhor Steel returns to help us make a trade decision. For example, suppose you find that Vibhor Steel 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 |
Vibhor Steel 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 Vibhor Steel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vibhor Steel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vibhor Steel stock over time.
Current vs Lagged Prices |
| Timeline |
Vibhor Steel Lagged Returns
When evaluating Vibhor Steel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vibhor Steel stock have on its future price. Vibhor Steel 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, Vibhor Steel autocorrelation shows the relationship between Vibhor Steel stock current value and its past values and can show if there is a momentum factor associated with investing in Vibhor Steel Tubes.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Vibhor Stock Analysis
When running Vibhor Steel's price analysis, check to measure Vibhor Steel'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 Vibhor Steel is operating at the current time. Most of Vibhor Steel's value examination focuses on studying past and present price action to predict the probability of Vibhor Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vibhor Steel's price. Additionally, you may evaluate how the addition of Vibhor Steel to your portfolios can decrease your overall portfolio volatility.