Vicinity Motor Corp Stock Buy Hold or Sell Recommendation
| VMC Stock | CAD 0.07 0.00 0.00% |
Assuming the 90 days horizon and complete risk avoidance on your part, our recommendation regarding Vicinity Motor Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Vicinity Motor Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Vicinity Motor Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Vicinity Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Vicinity and provide practical buy, sell, or hold advice based on investors' constraints. Vicinity Motor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Vicinity |
Execute Vicinity Buy or Sell Advice
The Vicinity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Vicinity Motor Corp. Macroaxis does not own or have any residual interests in Vicinity Motor Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Vicinity's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Vicinity Trading Alerts and Improvement Suggestions
| Vicinity Motor Corp generated a negative expected return over the last 90 days | |
| Vicinity Motor Corp has high historical volatility and very poor performance | |
| Vicinity Motor Corp has some characteristics of a very speculative penny stock | |
| Vicinity Motor Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 19.05 M. Net Loss for the year was (16.63 M) with profit before overhead, payroll, taxes, and interest of 4.24 M. | |
| Vicinity Motor Corp has accumulated about 1.72 M in cash with (24.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
Vicinity Returns Distribution Density
The distribution of Vicinity's historical returns is an attempt to chart the uncertainty of Vicinity's future price movements. The chart of the probability distribution of Vicinity daily returns describes the distribution of returns around its average expected value. We use Vicinity Motor Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Vicinity returns is essential to provide solid investment advice for Vicinity.
| Mean Return | -1.27 | Value At Risk | -11.11 | Potential Upside | 7.69 | Standard Deviation | 7.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Vicinity historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Vicinity Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (3.3M) | (9.9M) | 14.1M | (1.2M) | (12.8M) | (12.1M) | |
| Investments | (175.0K) | (1.1M) | (23.1M) | (10.7M) | (1.9M) | (2.0M) | |
| Change In Cash | (2.0M) | 425K | 3.4M | (2.8M) | 404K | 424.2K | |
| Net Borrowings | (5.6M) | 1.9M | 430K | 1.1M | 963.9K | 498.4K | |
| Free Cash Flow | (4.3M) | (9.1M) | (20.5M) | (20.8M) | (27.1M) | (25.7M) | |
| Depreciation | 910K | 646K | 1.1M | 3.0M | 1.4M | 1.3M | |
| Other Non Cash Items | 701.4K | 730K | 716K | 2.3M | 5.0M | 5.3M | |
| Capital Expenditures | 338K | 372K | 6.5M | 11.8M | 2.4M | 3.5M | |
| Net Income | (5.0M) | (4.4M) | (7.3M) | (17.9M) | (16.6M) | (15.8M) | |
| End Period Cash Flow | 757.3K | 1.3M | 4.4M | 1.6M | 2.0M | 1.9M | |
| Change To Netincome | 1.8M | 1.1M | 987K | 2.3M | 2.6M | 1.5M |
Vicinity Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Vicinity or Automobiles sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Vicinity's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Vicinity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.15 | |
β | Beta against Dow Jones | -1.26 | |
σ | Overall volatility | 7.87 | |
Ir | Information ratio | -0.18 |
Vicinity Volatility Alert
Vicinity Motor Corp is displaying above-average volatility over the selected time horizon. Vicinity Motor Corp is a penny stock. Although Vicinity may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Vicinity Motor Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Vicinity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Vicinity Fundamentals Vs Peers
Comparing Vicinity's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Vicinity's direct or indirect competition across all of the common fundamentals between Vicinity and the related equities. This way, we can detect undervalued stocks with similar characteristics as Vicinity or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Vicinity's fundamental indicators could also be used in its relative valuation, which is a method of valuing Vicinity by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Vicinity to competition |
| Fundamentals | Vicinity | Peer Average |
| Return On Equity | -0.66 | -0.31 |
| Return On Asset | -0.0749 | -0.14 |
| Profit Margin | (0.60) % | (1.27) % |
| Operating Margin | (0.04) % | (5.51) % |
| Current Valuation | 38.27 M | 16.62 B |
| Shares Outstanding | 50.48 M | 571.82 M |
| Shares Owned By Insiders | 9.20 % | 10.09 % |
| Shares Owned By Institutions | 1.24 % | 39.21 % |
| Number Of Shares Shorted | 75.4 K | 4.71 M |
| Price To Book | 0.13 X | 9.51 X |
| Price To Sales | 0.12 X | 11.42 X |
| Revenue | 19.05 M | 9.43 B |
| Gross Profit | 4.24 M | 27.38 B |
| EBITDA | (6.99 M) | 3.9 B |
| Net Income | (16.63 M) | 570.98 M |
| Cash And Equivalents | 1.72 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 27.08 M | 5.32 B |
| Debt To Equity | 0.22 % | 48.70 % |
| Current Ratio | 2.07 X | 2.16 X |
| Book Value Per Share | 0.41 X | 1.93 K |
| Cash Flow From Operations | (24.7 M) | 971.22 M |
| Short Ratio | 0.25 X | 4.00 X |
| Earnings Per Share | (0.55) X | 3.12 X |
| Target Price | 1.39 | |
| Number Of Employees | 57 | 18.84 K |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 3.53 M | 19.03 B |
| Total Asset | 74.19 M | 29.47 B |
| Retained Earnings | (64.28 M) | 9.33 B |
| Working Capital | (2.86 M) | 1.48 B |
| Net Asset | 74.19 M |
Vicinity Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Vicinity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Vicinity Buy or Sell Advice
When is the right time to buy or sell Vicinity Motor Corp? Buying financial instruments such as Vicinity Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Vicinity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Management Theme or any other thematic opportunities.
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Additional Tools for Vicinity Stock Analysis
When running Vicinity's price analysis, check to measure Vicinity'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 Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.