Vendetta Mining Corp Stock Market Value
| VTT Stock | CAD 0.01 0.01 33.33% |
| Symbol | Vendetta |
Vendetta Mining Corp Price To Book Ratio
Vendetta Mining '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 Vendetta Mining'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 Vendetta Mining.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Vendetta Mining on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Vendetta Mining Corp or generate 0.0% return on investment in Vendetta Mining over 480 days. Vendetta Mining is related to or competes with Ressources Minieres, and Red Pine. Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australi... More
Vendetta Mining 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 Vendetta Mining'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 Vendetta Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 36.0 | |||
| Information Ratio | 0.0474 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Vendetta Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vendetta Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vendetta Mining's standard deviation. In reality, there are many statistical measures that can use Vendetta Mining historical prices to predict the future Vendetta Mining's volatility.| Risk Adjusted Performance | 0.0486 | |||
| Jensen Alpha | 0.528 | |||
| Total Risk Alpha | (1.96) | |||
| Sortino Ratio | 0.0246 | |||
| Treynor Ratio | 0.2424 |
Vendetta Mining Corp Backtested Returns
Vendetta Mining is out of control given 3 months investment horizon. Vendetta Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0553, which indicates the firm had a 0.0553% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Vendetta Mining Corp Semi Deviation of 11.44, coefficient of variation of 1850.51, and Risk Adjusted Performance of 0.0486 to evaluate company specific risk that cannot be diversified away. Vendetta Mining holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of 4.13, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vendetta Mining will likely underperform. Use Vendetta Mining Corp value at risk, as well as the relationship between the skewness and day typical price , to analyze future returns on Vendetta Mining Corp.
Auto-correlation | 0.63 |
Good predictability
Vendetta Mining Corp has good predictability. Overlapping area represents the amount of predictability between Vendetta Mining time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Vendetta Mining Corp price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Vendetta Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vendetta Mining Corp lagged returns against current returns
Autocorrelation, which is Vendetta Mining 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 Vendetta Mining's stock expected returns. We can calculate the autocorrelation of Vendetta Mining returns to help us make a trade decision. For example, suppose you find that Vendetta Mining 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 |
Vendetta Mining 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 Vendetta Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vendetta Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vendetta Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Vendetta Mining Lagged Returns
When evaluating Vendetta Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vendetta Mining stock have on its future price. Vendetta Mining 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, Vendetta Mining autocorrelation shows the relationship between Vendetta Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Vendetta Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta Mining'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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.