5n Plus Stock Market Value
| VNP Stock | CAD 11.23 0.46 4.27% |
| Symbol | VNP |
5N Plus Price To Book Ratio
5N Plus '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 5N Plus' 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 5N Plus.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in 5N Plus on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding 5N Plus or generate 0.0% return on investment in 5N Plus over 90 days. 5N Plus is related to or competes with Neo Performance, 5N Plus, AirBoss Of, Nano One, Graphene Manufacturing, Boralex, and Innergex Renewable. 5N Plus Inc. produces and sells engineered materials and specialty chemicals in Europe, Asia, the Americas, and internat... More
5N Plus 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 5N Plus' 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 5N Plus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.3671 | |||
| Maximum Drawdown | 19.55 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 4.97 |
5N Plus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 5N Plus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 5N Plus' standard deviation. In reality, there are many statistical measures that can use 5N Plus historical prices to predict the future 5N Plus' volatility.| Risk Adjusted Performance | 0.3993 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.7285 | |||
| Sortino Ratio | 0.3829 | |||
| Treynor Ratio | 20.32 |
5N Plus Backtested Returns
5N Plus is not too volatile given 3 months investment horizon. 5N Plus retains Efficiency (Sharpe Ratio) of 0.4, which signifies that the company had a 0.4 % return per unit of price deviation over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use 5N Plus Coefficient Of Variation of 237.77, standard deviation of 2.63, and Market Risk Adjusted Performance of 20.33 to evaluate company specific risk that cannot be diversified away. 5N Plus holds a performance score of 31 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.054, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 5N Plus' returns are expected to increase less than the market. However, during the bear market, the loss of holding 5N Plus is expected to be smaller as well. Use 5N Plus value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on 5N Plus.
Auto-correlation | 0.47 |
Average predictability
5N Plus has average predictability. Overlapping area represents the amount of predictability between 5N Plus time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 5N Plus price movement. The serial correlation of 0.47 indicates that about 47.0% of current 5N Plus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
5N Plus lagged returns against current returns
Autocorrelation, which is 5N Plus 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 5N Plus' stock expected returns. We can calculate the autocorrelation of 5N Plus returns to help us make a trade decision. For example, suppose you find that 5N Plus 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 |
5N Plus 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 5N Plus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 5N Plus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 5N Plus stock over time.
Current vs Lagged Prices |
| Timeline |
5N Plus Lagged Returns
When evaluating 5N Plus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 5N Plus stock have on its future price. 5N Plus 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, 5N Plus autocorrelation shows the relationship between 5N Plus stock current value and its past values and can show if there is a momentum factor associated with investing in 5N Plus.
Regressed Prices |
| Timeline |
Pair Trading with 5N Plus
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 5N Plus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 5N Plus will appreciate offsetting losses from the drop in the long position's value.Moving together with VNP Stock
Moving against VNP Stock
| 0.81 | FDR | Flinders Resources Earnings Call This Week | PairCorr |
| 0.73 | HPQ | HPQ Silicon Resources | PairCorr |
| 0.71 | DFR | Diamond Fields Resources | PairCorr |
| 0.61 | INFM | Infinico Metals Corp | PairCorr |
| 0.51 | TCO | Transatlantic Mining Corp | PairCorr |
The ability to find closely correlated positions to 5N Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 5N Plus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 5N Plus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 5N Plus to buy it.
The correlation of 5N Plus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 5N Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 5N Plus moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 5N Plus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in VNP Stock
5N Plus financial ratios help investors to determine whether VNP 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 VNP with respect to the benefits of owning 5N Plus security.