Viking Cruises Ltd Market Value

92676XAD9   86.21  13.29  13.36%   
Viking's market value is the price at which a share of Viking trades on an exchange. It measures the collective expectations of Viking Cruises Ltd investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of Viking Cruises Ltd and determine expected loss or profit from investing in Viking over a given investment horizon.
Check out Viking Correlation, Viking Volatility and Viking Alpha and Beta module to complement your research on Viking.
Symbol

Please note, there is a significant difference between Viking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viking'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.

Viking '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 Viking's bond 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 Viking.
0.00
10/05/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/04/2024
0.00
If you would invest  0.00  in Viking on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Viking Cruises Ltd or generate 0.0% return on investment in Viking over 60 days. Viking is related to or competes with Radcom, Naked Wines, Senmiao Technology, Arrow Electronics, Vindicator Silver, and Constellation Brands. More

Viking 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 Viking's bond 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 Viking Cruises Ltd upside and downside potential and time the market with a certain degree of confidence.

Viking Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Viking's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viking's standard deviation. In reality, there are many statistical measures that can use Viking historical prices to predict the future Viking's volatility.
Hype
Prediction
LowEstimatedHigh
84.4286.2188.00
Details
Intrinsic
Valuation
LowRealHigh
72.7274.5194.83
Details
Naive
Forecast
LowNextHigh
87.3589.1590.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
87.1893.76100.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Viking. Your research has to be compared to or analyzed against Viking's peers to derive any actionable benefits. When done correctly, Viking'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 Viking Cruises.

Viking Cruises Backtested Returns

Viking Cruises owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the bond had a -0.14% return per unit of risk over the last 3 months. Viking Cruises Ltd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Viking's Risk Adjusted Performance of (0.02), coefficient of variation of (3,196), and Variance of 18.05 to confirm the risk estimate we provide. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Viking are expected to decrease at a much lower rate. During the bear market, Viking is likely to outperform the market.

Auto-correlation

    
  0.20  

Weak predictability

Viking Cruises Ltd has weak predictability. Overlapping area represents the amount of predictability between Viking time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th of December 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 Viking Cruises price movement. The serial correlation of 0.2 indicates that over 20.0% of current Viking price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.08
Residual Average0.0
Price Variance9.3

Viking Cruises lagged returns against current returns

Autocorrelation, which is Viking bond'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 Viking's bond expected returns. We can calculate the autocorrelation of Viking returns to help us make a trade decision. For example, suppose you find that Viking has exhibited high autocorrelation historically, and you observe that the bond 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  

Viking 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 Viking bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viking bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viking bond over time.
   Current vs Lagged Prices   
       Timeline  

Viking Lagged Returns

When evaluating Viking's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viking bond have on its future price. Viking 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, Viking autocorrelation shows the relationship between Viking bond current value and its past values and can show if there is a momentum factor associated with investing in Viking Cruises Ltd.
   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.

Other Information on Investing in Viking Bond

Viking financial ratios help investors to determine whether Viking Bond 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 Viking with respect to the benefits of owning Viking security.