Vox Royalty Corp Stock Market Value
| VOXR Stock | USD 2.41 0.05 2.12% |
| Symbol | Vox |
Vox Royalty Corp Price To Book Ratio
Is Diversified Metals & Mining 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 Vox Royalty. If investors know Vox 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 Vox Royalty 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 9.581 | Dividend Share 0.048 | Earnings Share (0.03) | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Vox Royalty Corp is measured differently than its book value, which is the value of Vox that is recorded on the company's balance sheet. Investors also form their own opinion of Vox Royalty's value that differs from its market value or its book value, called intrinsic value, which is Vox Royalty'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 Vox Royalty's market value can be influenced by many factors that don't directly affect Vox Royalty'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 Vox Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vox Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vox Royalty'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.
Vox Royalty '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 Vox Royalty'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 Vox Royalty.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Vox Royalty on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Vox Royalty Corp or generate 0.0% return on investment in Vox Royalty over 30 days. Vox Royalty is related to or competes with Thunder Mountain, Silver Viper, Metalla Royalty, Teuton Resources, and Defiance Silver. Vox Royalty Corp. operates as a mining royalty and streaming company More
Vox Royalty 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 Vox Royalty'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 Vox Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.39 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.85 |
Vox Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vox Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vox Royalty's standard deviation. In reality, there are many statistical measures that can use Vox Royalty historical prices to predict the future Vox Royalty's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vox Royalty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vox Royalty Corp Backtested Returns
Vox Royalty Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0574, which indicates the firm had a -0.0574 % return per unit of risk over the last 3 months. Vox Royalty Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vox Royalty's Variance of 7.27, coefficient of variation of (2,013), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. Vox Royalty returns are very sensitive to returns on the market. As the market goes up or down, Vox Royalty is expected to follow. At this point, Vox Royalty Corp has a negative expected return of -0.16%. Please make sure to validate Vox Royalty's skewness and day typical price , to decide if Vox Royalty Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Vox Royalty Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Vox Royalty time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vox Royalty Corp price movement. The serial correlation of -0.67 indicates that around 67.0% of current Vox Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vox Royalty Corp lagged returns against current returns
Autocorrelation, which is Vox Royalty 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 Vox Royalty's stock expected returns. We can calculate the autocorrelation of Vox Royalty returns to help us make a trade decision. For example, suppose you find that Vox Royalty 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 |
Vox Royalty 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 Vox Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vox Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vox Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
Vox Royalty Lagged Returns
When evaluating Vox Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vox Royalty stock have on its future price. Vox Royalty 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, Vox Royalty autocorrelation shows the relationship between Vox Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in Vox Royalty Corp.
Regressed Prices |
| Timeline |
Pair Trading with Vox Royalty
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 Vox Royalty 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 Vox Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Vox Stock
Moving against Vox Stock
The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty 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 Vox Royalty - 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 Vox Royalty Corp to buy it.
The correlation of Vox Royalty 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 Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty Corp 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 Vox Royalty 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 Vox Stock Analysis
When running Vox Royalty's price analysis, check to measure Vox Royalty'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 Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.