Vertex Resource Group Stock Market Value
| VTX Stock | CAD 0.25 0.00 0.00% |
| Symbol | Vertex |
Vertex Resource '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 Vertex Resource'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 Vertex Resource.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Vertex Resource on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Vertex Resource Group or generate 0.0% return on investment in Vertex Resource over 720 days. Vertex Resource is related to or competes with BluMetric Environmental, and Thermal Energy. The Environmental Consulting segment offers planning and regulatory approvals, site assessments and monitoring, geotechn... More
Vertex Resource 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 Vertex Resource'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 Vertex Resource Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.63 | |||
| Information Ratio | 0.0267 | |||
| Maximum Drawdown | 39.29 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 7.69 |
Vertex Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vertex Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vertex Resource's standard deviation. In reality, there are many statistical measures that can use Vertex Resource historical prices to predict the future Vertex Resource's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | 0.161 | |||
| Total Risk Alpha | 0.1544 | |||
| Sortino Ratio | 0.0185 | |||
| Treynor Ratio | (0.28) |
Vertex Resource Group Backtested Returns
At this stage we consider Vertex Stock to be out of control. Vertex Resource Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0296, which indicates the firm had a 0.0296% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Vertex Resource Group, which you can use to evaluate the volatility of the company. Please validate Vertex Resource's Coefficient Of Variation of 3513.79, risk adjusted performance of 0.0316, and Semi Deviation of 4.16 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Vertex Resource has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vertex Resource are expected to decrease at a much lower rate. During the bear market, Vertex Resource is likely to outperform the market. Vertex Resource Group right now has a risk of 6.24%. Please validate Vertex Resource sortino ratio, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if Vertex Resource will be following its existing price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Vertex Resource Group has virtually no predictability. Overlapping area represents the amount of predictability between Vertex Resource time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd of January 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 Vertex Resource Group price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Vertex Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vertex Resource Group lagged returns against current returns
Autocorrelation, which is Vertex Resource 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 Vertex Resource's stock expected returns. We can calculate the autocorrelation of Vertex Resource returns to help us make a trade decision. For example, suppose you find that Vertex Resource 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 |
Vertex Resource 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 Vertex Resource stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vertex Resource stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vertex Resource stock over time.
Current vs Lagged Prices |
| Timeline |
Vertex Resource Lagged Returns
When evaluating Vertex Resource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vertex Resource stock have on its future price. Vertex Resource 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, Vertex Resource autocorrelation shows the relationship between Vertex Resource stock current value and its past values and can show if there is a momentum factor associated with investing in Vertex Resource Group.
Regressed Prices |
| Timeline |
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Additional Tools for Vertex Stock Analysis
When running Vertex Resource's price analysis, check to measure Vertex Resource'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 Vertex Resource is operating at the current time. Most of Vertex Resource's value examination focuses on studying past and present price action to predict the probability of Vertex Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex Resource's price. Additionally, you may evaluate how the addition of Vertex Resource to your portfolios can decrease your overall portfolio volatility.