Vci Global Limited Stock Market Value
| VCIG Stock | 1.12 0.04 3.45% |
| Symbol | VCI |
VCI Global Limited Price To Book Ratio
Is VCI Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VCI Global. If investors know VCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.461 | Dividend Share 0.047 | Earnings Share 0.16 | Revenue Per Share 1.641 | Quarterly Revenue Growth 1.08 |
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VCI Global's market value can be influenced by many factors that don't directly affect VCI Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
VCI Global '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 VCI Global'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 VCI Global.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in VCI Global on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding VCI Global Limited or generate 0.0% return on investment in VCI Global over 30 days. VCI Global is related to or competes with CRA International, Thermon Group, Forestar, and Alamo. VCI Global is entity of United States. It is traded as Stock on NASDAQ exchange. More
VCI Global 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 VCI Global'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 VCI Global Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.59 | |||
| Information Ratio | 0.0488 | |||
| Maximum Drawdown | 29.65 | |||
| Value At Risk | (9.85) | |||
| Potential Upside | 14.63 |
VCI Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VCI Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VCI Global's standard deviation. In reality, there are many statistical measures that can use VCI Global historical prices to predict the future VCI Global's volatility.| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | 0.4948 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0577 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VCI Global'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.
VCI Global Limited Backtested Returns
VCI Global appears to be abnormally volatile, given 3 months investment horizon. VCI Global Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0515, which indicates the company had a 0.0515% return per unit of volatility over the last 3 months. We have found thirty technical indicators for VCI Global Limited, which you can use to evaluate the volatility of the entity. Please review VCI Global's Downside Deviation of 5.59, risk adjusted performance of 0.0485, and Market Risk Adjusted Performance of (0.39) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VCI Global holds a performance score of 4. The firm has a beta of -1.02, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning VCI Global are expected to decrease slowly. On the other hand, during market turmoil, VCI Global is expected to outperform it slightly. Please check VCI Global's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether VCI Global's existing price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
VCI Global Limited has very good reverse predictability. Overlapping area represents the amount of predictability between VCI Global time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 VCI Global Limited price movement. The serial correlation of -0.7 indicates that around 70.0% of current VCI Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VCI Global Limited lagged returns against current returns
Autocorrelation, which is VCI Global 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 VCI Global's stock expected returns. We can calculate the autocorrelation of VCI Global returns to help us make a trade decision. For example, suppose you find that VCI Global 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 |
VCI Global 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 VCI Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VCI Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VCI Global stock over time.
Current vs Lagged Prices |
| Timeline |
VCI Global Lagged Returns
When evaluating VCI Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VCI Global stock have on its future price. VCI Global 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, VCI Global autocorrelation shows the relationship between VCI Global stock current value and its past values and can show if there is a momentum factor associated with investing in VCI Global Limited.
Regressed Prices |
| Timeline |
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.When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:Check out VCI Global Correlation, VCI Global Volatility and VCI Global Alpha and Beta module to complement your research on VCI Global. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for VCI Stock analysis
When running VCI Global's price analysis, check to measure VCI Global'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 VCI Global is operating at the current time. Most of VCI Global's value examination focuses on studying past and present price action to predict the probability of VCI Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VCI Global's price. Additionally, you may evaluate how the addition of VCI Global to your portfolios can decrease your overall portfolio volatility.
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VCI Global 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.