Vision Marine Technologies Stock Market Value
| VMAR Stock | USD 2.24 0.16 7.69% |
| Symbol | Vision |
Vision Marine Techno Price To Book Ratio
Is Leisure Products 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 Vision Marine. If investors know Vision 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 Vision Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (122.28) | Revenue Per Share 56.936 | Quarterly Revenue Growth (0.18) | Return On Assets (0.48) | Return On Equity (1.84) |
The market value of Vision Marine Techno is measured differently than its book value, which is the value of Vision that is recorded on the company's balance sheet. Investors also form their own opinion of Vision Marine's value that differs from its market value or its book value, called intrinsic value, which is Vision Marine'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 Vision Marine's market value can be influenced by many factors that don't directly affect Vision Marine'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 Vision Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vision Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vision Marine'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.
Vision Marine '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 Vision Marine'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 Vision Marine.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Vision Marine on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Vision Marine Technologies or generate 0.0% return on investment in Vision Marine over 30 days. Vision Marine is related to or competes with EZGO Technologies, Twin Vee, Malibu Boats, Polaris Industries, MCBC Holdings, LCI Industries, and Thor Industries. Vision Marine Technologies Inc. designs, develops, and manufactures electric outboard powertrain systems and electric bo... More
Vision Marine 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 Vision Marine'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 Vision Marine Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 59.45 | |||
| Value At Risk | (13.91) | |||
| Potential Upside | 11.45 |
Vision Marine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vision Marine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vision Marine's standard deviation. In reality, there are many statistical measures that can use Vision Marine historical prices to predict the future Vision Marine's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (3.29) | |||
| Total Risk Alpha | (4.79) | |||
| Treynor Ratio | (3.35) |
Vision Marine Techno Backtested Returns
Vision Marine Techno owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.27, which indicates the firm had a -0.27% return per unit of risk over the last 3 months. Vision Marine Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vision Marine's Coefficient Of Variation of (338.47), variance of 115.06, and Risk Adjusted Performance of (0.22) to confirm the risk estimate we provide. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Vision Marine returns are very sensitive to returns on the market. As the market goes up or down, Vision Marine is expected to follow. At this point, Vision Marine Techno has a negative expected return of -2.97%. Please make sure to validate Vision Marine's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Vision Marine Techno performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Vision Marine Technologies has good predictability. Overlapping area represents the amount of predictability between Vision Marine time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Vision Marine Techno price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Vision Marine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Vision Marine Techno lagged returns against current returns
Autocorrelation, which is Vision Marine 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 Vision Marine's stock expected returns. We can calculate the autocorrelation of Vision Marine returns to help us make a trade decision. For example, suppose you find that Vision Marine 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 |
Vision Marine 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 Vision Marine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vision Marine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vision Marine stock over time.
Current vs Lagged Prices |
| Timeline |
Vision Marine Lagged Returns
When evaluating Vision Marine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vision Marine stock have on its future price. Vision Marine 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, Vision Marine autocorrelation shows the relationship between Vision Marine stock current value and its past values and can show if there is a momentum factor associated with investing in Vision Marine Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Vision Marine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vision Marine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vision Marine will appreciate offsetting losses from the drop in the long position's value.Moving together with Vision Stock
Moving against Vision Stock
| 0.81 | RL | Ralph Lauren Corp | PairCorr |
| 0.69 | KTB | Kontoor Brands | PairCorr |
| 0.65 | DOGZ | Dogness International Upward Rally | PairCorr |
| 0.65 | VSTO | Vista Outdoor | PairCorr |
| 0.6 | UAA | Under Armour A Aggressive Push | PairCorr |
The ability to find closely correlated positions to Vision Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vision Marine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vision Marine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vision Marine Technologies to buy it.
The correlation of Vision Marine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vision Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vision Marine Techno moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vision Marine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Vision Stock Analysis
When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.