Vestas Wind (Denmark) Market Value
| VWS Stock | DKK 185.05 1.50 0.82% |
| Symbol | Vestas |
Vestas Wind '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 Vestas Wind'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 Vestas Wind.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in Vestas Wind on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vestas Wind Systems or generate 0.0% return on investment in Vestas Wind over 30 days. Vestas Wind is related to or competes with CBrain AS, Netcompany Group, and ChemoMetec. Vestas Wind Systems AS designs, manufactures, installs, and services wind turbines worldwide More
Vestas Wind 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 Vestas Wind'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 Vestas Wind Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.17 |
Vestas Wind Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vestas Wind's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vestas Wind's standard deviation. In reality, there are many statistical measures that can use Vestas Wind historical prices to predict the future Vestas Wind's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vestas Wind'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.
Vestas Wind Systems Backtested Returns
Vestas Wind Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.044, which indicates the firm had a -0.044% return per unit of risk over the last 3 months. Vestas Wind Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestas Wind's Risk Adjusted Performance of (0.01), variance of 3.38, and Coefficient Of Variation of (2,898) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vestas Wind's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vestas Wind is expected to be smaller as well. Vestas Wind Systems has an expected return of -0.0825%. Please make sure to validate Vestas Wind skewness, rate of daily change, period momentum indicator, as well as the relationship between the accumulation distribution and day typical price , to decide if Vestas Wind Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Vestas Wind Systems has poor reverse predictability. Overlapping area represents the amount of predictability between Vestas Wind time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th of April 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 Vestas Wind Systems price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Vestas Wind price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 9.91 |
Vestas Wind Systems lagged returns against current returns
Autocorrelation, which is Vestas Wind 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 Vestas Wind's stock expected returns. We can calculate the autocorrelation of Vestas Wind returns to help us make a trade decision. For example, suppose you find that Vestas Wind 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 |
Vestas Wind 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 Vestas Wind stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vestas Wind stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vestas Wind stock over time.
Current vs Lagged Prices |
| Timeline |
Vestas Wind Lagged Returns
When evaluating Vestas Wind's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vestas Wind stock have on its future price. Vestas Wind 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, Vestas Wind autocorrelation shows the relationship between Vestas Wind stock current value and its past values and can show if there is a momentum factor associated with investing in Vestas Wind Systems.
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 Vestas Wind 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, Vestas Wind's short interest history, or implied volatility extrapolated from Vestas Wind options trading.
Also Currently Popular
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 Vestas Wind Correlation, Vestas Wind Volatility and Vestas Wind Alpha and Beta module to complement your research on Vestas Wind. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Vestas Stock analysis
When running Vestas Wind's price analysis, check to measure Vestas Wind'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 Vestas Wind is operating at the current time. Most of Vestas Wind's value examination focuses on studying past and present price action to predict the probability of Vestas Wind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestas Wind's price. Additionally, you may evaluate how the addition of Vestas Wind to your portfolios can decrease your overall portfolio volatility.
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Vestas Wind 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.