Velan Inc Stock Market Value
| VLN Stock | CAD 15.01 0.02 0.13% |
| Symbol | Velan |
Velan Inc Price To Book Ratio
Velan '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 Velan'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 Velan.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Velan on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Velan Inc or generate 0.0% return on investment in Velan over 90 days. Velan is related to or competes with Velan, CSW Industrials,, Nuburu, Flowserve, TVA, and Baylin Technologies. Velan Inc. designs, manufactures, and markets industrial valves worldwide More
Velan 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 Velan'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 Velan Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.83 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.96 |
Velan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Velan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Velan's standard deviation. In reality, there are many statistical measures that can use Velan historical prices to predict the future Velan's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.42) |
Velan Inc Backtested Returns
Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0438, which indicates the firm had a -0.0438 % return per unit of risk over the last 3 months. Velan Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Velan's Coefficient Of Variation of (4,233), risk adjusted performance of (0.01), and Variance of 6.17 to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Velan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Velan is expected to be smaller as well. At this point, Velan Inc has a negative expected return of -0.11%. Please make sure to validate Velan's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Velan Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Velan Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Velan time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 Velan Inc price movement. The serial correlation of -0.78 indicates that around 78.0% of current Velan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Velan Inc lagged returns against current returns
Autocorrelation, which is Velan 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 Velan's stock expected returns. We can calculate the autocorrelation of Velan returns to help us make a trade decision. For example, suppose you find that Velan 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 |
Velan 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 Velan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Velan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Velan stock over time.
Current vs Lagged Prices |
| Timeline |
Velan Lagged Returns
When evaluating Velan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Velan stock have on its future price. Velan 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, Velan autocorrelation shows the relationship between Velan stock current value and its past values and can show if there is a momentum factor associated with investing in Velan Inc.
Regressed Prices |
| Timeline |
Pair Trading with Velan
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 Velan 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 Velan will appreciate offsetting losses from the drop in the long position's value.Moving against Velan Stock
| 0.74 | META | Meta CDR Earnings Call This Week | PairCorr |
| 0.69 | ECOR | Ecora Resources plc | PairCorr |
| 0.67 | SES | Secure Energy Services Earnings Call This Week | PairCorr |
| 0.64 | MSFT | Microsoft Corp CDR Earnings Call Tomorrow | PairCorr |
| 0.64 | MSFT | Microsoft CDR Earnings Call Shortly | PairCorr |
The ability to find closely correlated positions to Velan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Velan 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 Velan - 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 Velan Inc to buy it.
The correlation of Velan 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 Velan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velan Inc 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 Velan 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 Velan Stock
Velan financial ratios help investors to determine whether Velan 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 Velan with respect to the benefits of owning Velan security.