Koninklijke Vopak (Netherlands) Market Value
| VPK Stock | EUR 37.32 0.10 0.27% |
| Symbol | Koninklijke |
Koninklijke Vopak '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 Koninklijke Vopak'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 Koninklijke Vopak.
| 01/02/2024 |
| 05/01/2024 |
If you would invest 0.00 in Koninklijke Vopak on January 2, 2024 and sell it all today you would earn a total of 0.00 from holding Koninklijke Vopak NV or generate 0.0% return on investment in Koninklijke Vopak over 120 days. Koninklijke Vopak is related to or competes with Aalberts Industries, SBM Offshore, NN Group, and Randstad. Royal Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products,... More
Koninklijke Vopak 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 Koninklijke Vopak'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 Koninklijke Vopak NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.864 | |||
| Information Ratio | 0.2796 | |||
| Maximum Drawdown | 11.44 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 2.67 |
Koninklijke Vopak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koninklijke Vopak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koninklijke Vopak's standard deviation. In reality, there are many statistical measures that can use Koninklijke Vopak historical prices to predict the future Koninklijke Vopak's volatility.| Risk Adjusted Performance | 0.2095 | |||
| Jensen Alpha | 0.4819 | |||
| Total Risk Alpha | 0.3679 | |||
| Sortino Ratio | 0.5088 | |||
| Treynor Ratio | 3.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Koninklijke Vopak's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Koninklijke Vopak Backtested Returns
Koninklijke Vopak appears to be very steady, given 3 months investment horizon. Koninklijke Vopak has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Koninklijke Vopak, which you can use to evaluate the volatility of the firm. Please exercise Koninklijke Vopak's Mean Deviation of 1.01, downside deviation of 0.864, and Risk Adjusted Performance of 0.2095 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Koninklijke Vopak holds a performance score of 23. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Koninklijke Vopak's returns are expected to increase less than the market. However, during the bear market, the loss of holding Koninklijke Vopak is expected to be smaller as well. Please check Koninklijke Vopak's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Koninklijke Vopak's current price movements will revert.
Auto-correlation | 0.51 |
Modest predictability
Koninklijke Vopak NV has modest predictability. Overlapping area represents the amount of predictability between Koninklijke Vopak time series from 2nd of January 2024 to 2nd of March 2024 and 2nd of March 2024 to 1st of May 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 Koninklijke Vopak price movement. The serial correlation of 0.51 indicates that about 51.0% of current Koninklijke Vopak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 2.87 |
Koninklijke Vopak lagged returns against current returns
Autocorrelation, which is Koninklijke Vopak 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 Koninklijke Vopak's stock expected returns. We can calculate the autocorrelation of Koninklijke Vopak returns to help us make a trade decision. For example, suppose you find that Koninklijke Vopak 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 |
Koninklijke Vopak 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 Koninklijke Vopak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koninklijke Vopak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koninklijke Vopak stock over time.
Current vs Lagged Prices |
| Timeline |
Koninklijke Vopak Lagged Returns
When evaluating Koninklijke Vopak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koninklijke Vopak stock have on its future price. Koninklijke Vopak 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, Koninklijke Vopak autocorrelation shows the relationship between Koninklijke Vopak stock current value and its past values and can show if there is a momentum factor associated with investing in Koninklijke Vopak NV.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Koninklijke Vopak in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Koninklijke Vopak's short interest history, or implied volatility extrapolated from Koninklijke Vopak options trading.
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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.Check out Koninklijke Vopak Correlation, Koninklijke Vopak Volatility and Koninklijke Vopak Alpha and Beta module to complement your research on Koninklijke Vopak. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke Vopak's price analysis, check to measure Koninklijke Vopak'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 Koninklijke Vopak is operating at the current time. Most of Koninklijke Vopak's value examination focuses on studying past and present price action to predict the probability of Koninklijke Vopak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Vopak's price. Additionally, you may evaluate how the addition of Koninklijke Vopak to your portfolios can decrease your overall portfolio volatility.
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Koninklijke Vopak technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.