Vertex Stock Market Value
| VERX Stock | USD 54.25 0.90 1.63% |
| Symbol | Vertex |
Vertex Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vertex. If investors know Vertex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vertex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share 0.19 | Revenue Per Share 4.162 | Quarterly Revenue Growth 0.175 | Return On Assets 0.0112 |
The market value of Vertex is measured differently than its book value, which is the value of Vertex that is recorded on the company's balance sheet. Investors also form their own opinion of Vertex's value that differs from its market value or its book value, called intrinsic value, which is Vertex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vertex's market value can be influenced by many factors that don't directly affect Vertex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vertex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vertex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vertex'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.
Vertex '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 Vertex'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 Vertex.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Vertex on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Vertex or generate 0.0% return on investment in Vertex over 30 days. Vertex is related to or competes with Expensify, Clearwater Analytics, Sprinklr, Alkami Technology, Envestnet, Meridianlink, and PROS Holdings. Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing ind... More
Vertex 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 Vertex'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 Vertex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.1741 | |||
| Maximum Drawdown | 19.03 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 3.69 |
Vertex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vertex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vertex's standard deviation. In reality, there are many statistical measures that can use Vertex historical prices to predict the future Vertex's volatility.| Risk Adjusted Performance | 0.1808 | |||
| Jensen Alpha | 0.3263 | |||
| Total Risk Alpha | 0.1462 | |||
| Sortino Ratio | 0.1917 | |||
| Treynor Ratio | 0.2926 |
Vertex Backtested Returns
Vertex appears to be very steady, given 3 months investment horizon. Vertex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Vertex's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Vertex's Risk Adjusted Performance of 0.1808, semi deviation of 1.62, and Coefficient Of Variation of 440.04 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vertex holds a performance score of 20. The entity has a beta of 1.98, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vertex will likely underperform. Please check Vertex's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether Vertex's existing price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Vertex has very good predictability. Overlapping area represents the amount of predictability between Vertex time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Vertex price movement. The serial correlation of 0.82 indicates that around 82.0% of current Vertex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 2.97 |
Vertex lagged returns against current returns
Autocorrelation, which is Vertex 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 Vertex's stock expected returns. We can calculate the autocorrelation of Vertex returns to help us make a trade decision. For example, suppose you find that Vertex 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 |
Vertex 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 Vertex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vertex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vertex stock over time.
Current vs Lagged Prices |
| Timeline |
Vertex Lagged Returns
When evaluating Vertex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vertex stock have on its future price. Vertex 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, Vertex autocorrelation shows the relationship between Vertex stock current value and its past values and can show if there is a momentum factor associated with investing in Vertex.
Regressed Prices |
| Timeline |
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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.Additional Tools for Vertex Stock Analysis
When running Vertex's price analysis, check to measure Vertex'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 Vertex is operating at the current time. Most of Vertex's value examination focuses on studying past and present price action to predict the probability of Vertex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex's price. Additionally, you may evaluate how the addition of Vertex to your portfolios can decrease your overall portfolio volatility.