Vapor Group Stock Market Value
| VPOR Stock | USD 0.0001 0.00 0.00% |
| Symbol | Vapor |
Vapor Group Price To Book Ratio
Is Tobacco 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 Vapor. If investors know Vapor 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 Vapor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vapor Group is measured differently than its book value, which is the value of Vapor that is recorded on the company's balance sheet. Investors also form their own opinion of Vapor's value that differs from its market value or its book value, called intrinsic value, which is Vapor'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 Vapor's market value can be influenced by many factors that don't directly affect Vapor'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 Vapor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vapor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vapor'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.
Vapor '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 Vapor'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 Vapor.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Vapor on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Vapor Group or generate 0.0% return on investment in Vapor over 360 days. Vapor Group, Inc. develops, manufactures, and markets electronic cigarettes, vaporizers, and naturally flavored e-liquid... More
Vapor 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 Vapor'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 Vapor Group upside and downside potential and time the market with a certain degree of confidence.
Vapor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vapor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vapor's standard deviation. In reality, there are many statistical measures that can use Vapor historical prices to predict the future Vapor's volatility.Vapor Group Backtested Returns
We have found three technical indicators for Vapor Group, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Vapor are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Vapor Group has no correlation between past and present. Overlapping area represents the amount of predictability between Vapor time series from 8th of December 2023 to 5th of June 2024 and 5th of June 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 Vapor Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Vapor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vapor Group lagged returns against current returns
Autocorrelation, which is Vapor 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 Vapor's stock expected returns. We can calculate the autocorrelation of Vapor returns to help us make a trade decision. For example, suppose you find that Vapor 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 |
Vapor 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 Vapor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vapor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vapor stock over time.
Current vs Lagged Prices |
| Timeline |
Vapor Lagged Returns
When evaluating Vapor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vapor stock have on its future price. Vapor 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, Vapor autocorrelation shows the relationship between Vapor stock current value and its past values and can show if there is a momentum factor associated with investing in Vapor Group.
Regressed Prices |
| Timeline |
Pair Trading with Vapor
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 Vapor 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 Vapor will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vapor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vapor 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 Vapor - 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 Vapor Group to buy it.
The correlation of Vapor 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 Vapor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vapor Group 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 Vapor 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 Vapor Stock Analysis
When running Vapor's price analysis, check to measure Vapor'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 Vapor is operating at the current time. Most of Vapor's value examination focuses on studying past and present price action to predict the probability of Vapor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vapor's price. Additionally, you may evaluate how the addition of Vapor to your portfolios can decrease your overall portfolio volatility.