Vitreous Glass Stock Market Value
| VCIGF Stock | USD 4.50 0.00 0.00% |
| Symbol | Vitreous |
Vitreous Glass '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 Vitreous Glass' pink sheet 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 Vitreous Glass.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Vitreous Glass on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Vitreous Glass or generate 0.0% return on investment in Vitreous Glass over 90 days. Vitreous Glass is related to or competes with Western Capital, Table Trac, SCI Engineered, Leatt Corp, and Vitreous Glass. Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada More
Vitreous Glass 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 Vitreous Glass' pink sheet 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 Vitreous Glass upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1277 | |||
| Maximum Drawdown | 12.5 | |||
| Potential Upside | 3.45 |
Vitreous Glass Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vitreous Glass' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vitreous Glass' standard deviation. In reality, there are many statistical measures that can use Vitreous Glass historical prices to predict the future Vitreous Glass' volatility.| Risk Adjusted Performance | 0.1871 | |||
| Jensen Alpha | 0.3969 | |||
| Total Risk Alpha | 0.1048 | |||
| Treynor Ratio | 13.14 |
Vitreous Glass Backtested Returns
Vitreous Glass appears to be somewhat reliable, given 3 months investment horizon. Vitreous Glass owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Vitreous Glass, which you can use to evaluate the volatility of the company. Please review Vitreous Glass' Risk Adjusted Performance of 0.1871, variance of 4.47, and Coefficient Of Variation of 514.56 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vitreous Glass holds a performance score of 16. The entity has a beta of 0.0305, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vitreous Glass' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vitreous Glass is expected to be smaller as well. Please check Vitreous Glass' jensen alpha, and the relationship between the standard deviation and skewness , to make a quick decision on whether Vitreous Glass' existing price patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
Vitreous Glass has modest predictability. Overlapping area represents the amount of predictability between Vitreous Glass time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Vitreous Glass price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Vitreous Glass price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Vitreous Glass lagged returns against current returns
Autocorrelation, which is Vitreous Glass pink sheet'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 Vitreous Glass' pink sheet expected returns. We can calculate the autocorrelation of Vitreous Glass returns to help us make a trade decision. For example, suppose you find that Vitreous Glass has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Vitreous Glass 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 Vitreous Glass pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vitreous Glass pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vitreous Glass pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vitreous Glass Lagged Returns
When evaluating Vitreous Glass' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vitreous Glass pink sheet have on its future price. Vitreous Glass 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, Vitreous Glass autocorrelation shows the relationship between Vitreous Glass pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vitreous Glass.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vitreous Pink Sheet
Vitreous Glass financial ratios help investors to determine whether Vitreous Pink Sheet 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 Vitreous with respect to the benefits of owning Vitreous Glass security.