Vitreous Glass Financials
| VCI Stock | CAD 5.26 0.04 0.75% |
Vitreous |
Please note, the imprecision that can be found in Vitreous Glass' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Vitreous Glass. Check Vitreous Glass' Beneish M Score to see the likelihood of Vitreous Glass' management manipulating its earnings.
Vitreous Glass Stock Summary
Vitreous Glass competes with Atlas Engineered, Avante Logixx, Caldwell Partners, Alvopetro Energy, and Biosyent. Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Alberta, Canada. It offers its products to the manufacturers of fiberglass building insulation for use as a raw material in their production facilities. VITREOUS GLASS is traded on TSX Venture Exchange in Canada.| Foreign Associate | USA |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA92852B1013 |
| Business Address | 212 East Lake |
| Sector | Commercial Services & Supplies |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.vitreousglass.ca |
| Phone | 403 948 7811 |
| Currency | CAD - Canadian Dollar |
You should never invest in Vitreous Glass without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Vitreous Stock, because this is throwing your money away. Analyzing the key information contained in Vitreous Glass' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Vitreous Glass Key Financial Ratios
There are many critical financial ratios that Vitreous Glass' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Vitreous Glass reports annually and quarterly.| Return On Equity | 0.54 | |||
| Return On Asset | 0.34 | |||
| Target Price | 30.5 | |||
| Beta | 0.56 |
Vitreous Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vitreous Glass's current stock value. Our valuation model uses many indicators to compare Vitreous Glass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vitreous Glass competition to find correlations between indicators driving Vitreous Glass's intrinsic value. More Info.Vitreous Glass is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vitreous Glass is roughly 1.58 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vitreous Glass' earnings, one of the primary drivers of an investment's value.Vitreous Glass Systematic Risk
Vitreous Glass' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vitreous Glass volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Vitreous Glass correlated with the market. If Beta is less than 0 Vitreous Glass generally moves in the opposite direction as compared to the market. If Vitreous Glass Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vitreous Glass is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vitreous Glass is generally in the same direction as the market. If Beta > 1 Vitreous Glass moves generally in the same direction as, but more than the movement of the benchmark.
Vitreous Glass March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Vitreous Glass help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vitreous Glass. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vitreous Glass based on widely used predictive technical indicators. In general, we focus on analyzing Vitreous Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vitreous Glass's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0842 | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.63 |
Additional Tools for Vitreous Stock Analysis
When running Vitreous Glass' price analysis, check to measure Vitreous Glass' 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 Vitreous Glass is operating at the current time. Most of Vitreous Glass' value examination focuses on studying past and present price action to predict the probability of Vitreous Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitreous Glass' price. Additionally, you may evaluate how the addition of Vitreous Glass to your portfolios can decrease your overall portfolio volatility.