VITAFOAM NIGERIA's market value is the price at which a share of VITAFOAM NIGERIA trades on a public exchange. It measures the collective expectations of VITAFOAM NIGERIA PLC investors about its performance. VITAFOAM NIGERIA is trading at 74.00 as of the 29th of June 2025, a 5.71 percent increase since the beginning of the trading day. The stock's open price was 70.0. With this module, you can estimate the performance of a buy and hold strategy of VITAFOAM NIGERIA PLC and determine expected loss or profit from investing in VITAFOAM NIGERIA over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Symbol
VITAFOAM
VITAFOAM NIGERIA '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 VITAFOAM NIGERIA'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 VITAFOAM NIGERIA.
0.00
10/02/2024
No Change 0.00
0.0
In 8 months and 28 days
06/29/2025
0.00
If you would invest 0.00 in VITAFOAM NIGERIA on October 2, 2024 and sell it all today you would earn a total of 0.00 from holding VITAFOAM NIGERIA PLC or generate 0.0% return on investment in VITAFOAM NIGERIA over 270 days.
VITAFOAM NIGERIA 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 VITAFOAM NIGERIA'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 VITAFOAM NIGERIA PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for VITAFOAM NIGERIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VITAFOAM NIGERIA's standard deviation. In reality, there are many statistical measures that can use VITAFOAM NIGERIA historical prices to predict the future VITAFOAM NIGERIA's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VITAFOAM NIGERIA. Your research has to be compared to or analyzed against VITAFOAM NIGERIA's peers to derive any actionable benefits. When done correctly, VITAFOAM NIGERIA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in VITAFOAM NIGERIA PLC.
VITAFOAM NIGERIA PLC Backtested Returns
VITAFOAM NIGERIA is very steady given 3 months investment horizon. VITAFOAM NIGERIA PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the firm had a 0.31 % return per unit of risk over the last 3 months. We were able to analyze twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use VITAFOAM NIGERIA PLC Coefficient Of Variation of 319.97, variance of 15.96, and Risk Adjusted Performance of 0.5198 to evaluate company specific risk that cannot be diversified away. VITAFOAM NIGERIA holds a performance score of 24 on a scale of zero to a hundred. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VITAFOAM NIGERIA are expected to decrease at a much lower rate. During the bear market, VITAFOAM NIGERIA is likely to outperform the market. Use VITAFOAM NIGERIA PLC kurtosis, as well as the relationship between the day median price and period momentum indicator , to analyze future returns on VITAFOAM NIGERIA PLC.
Auto-correlation
0.79
Good predictability
VITAFOAM NIGERIA PLC has good predictability. Overlapping area represents the amount of predictability between VITAFOAM NIGERIA time series from 2nd of October 2024 to 14th of February 2025 and 14th of February 2025 to 29th of June 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 VITAFOAM NIGERIA PLC price movement. The serial correlation of 0.79 indicates that around 79.0% of current VITAFOAM NIGERIA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.79
Spearman Rank Test
0.73
Residual Average
0.0
Price Variance
133.31
VITAFOAM NIGERIA PLC lagged returns against current returns
Autocorrelation, which is VITAFOAM NIGERIA 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 VITAFOAM NIGERIA's stock expected returns. We can calculate the autocorrelation of VITAFOAM NIGERIA returns to help us make a trade decision. For example, suppose you find that VITAFOAM NIGERIA 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
VITAFOAM NIGERIA 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 VITAFOAM NIGERIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VITAFOAM NIGERIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VITAFOAM NIGERIA stock over time.
Current vs Lagged Prices
Timeline
VITAFOAM NIGERIA Lagged Returns
When evaluating VITAFOAM NIGERIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VITAFOAM NIGERIA stock have on its future price. VITAFOAM NIGERIA 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, VITAFOAM NIGERIA autocorrelation shows the relationship between VITAFOAM NIGERIA stock current value and its past values and can show if there is a momentum factor associated with investing in VITAFOAM NIGERIA PLC.
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.