Vicinity Motor Corp Stock Buy Hold or Sell Recommendation
| VEV Stock | USD 0 0.0002 11.76% |
Considering the 90-day investment horizon and your above-average risk tolerance, 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 income.
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 | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | 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 last year's revenue of 19.05 M. Reported Net Loss for the year was (16.63 M) with profit before taxes, overhead, and interest of 4.24 M. | |
| Vicinity Motor Corp has about 9.36 M in cash with (24.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Vicinity Motor Corp has a frail financial position based on the latest SEC disclosures |
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 | -3.6 | Value At Risk | -35.58 | Potential Upside | 29.27 | Standard Deviation | 20.05 |
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 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Vicinity, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Vicinity Motor Corp back and forth among themselves.
| Shares | The Toronto-dominion Bank | 2024-06-30 | 1.6 K | Simplex Trading, Llc | 2024-06-30 | 345 | Td Waterhouse Canada Inc | 333 | Blackrock Inc | 2024-06-30 | 209 | Newbridge Financial Services Group, Inc. | 2024-06-30 | 0.0 | Bank Of America Corp | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-09-30 | 255 K | Two Sigma Investments Llc | 2024-09-30 | 76.7 K | Geode Capital Management, Llc | 2024-09-30 | 64.7 K | Scotia Capital Inc | 2024-09-30 | 39.5 K | Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 38.4 K |
Vicinity Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.5M) | 412.5K | 3.4M | (2.8M) | 404K | 424.2K | |
| Free Cash Flow | (3.3M) | (7.1M) | (20.5M) | (20.8M) | (27.1M) | (25.7M) | |
| Depreciation | 776.0K | 774.0K | 1.2M | 3.0M | 1.4M | 1.5M | |
| Other Non Cash Items | 536.9K | 572.5K | 716K | 3.5M | 5.0M | 5.3M | |
| Capital Expenditures | 363.3K | 1.1M | 24.1M | 11.8M | 2.4M | 3.2M | |
| Net Income | (3.8M) | (3.5M) | (7.3M) | (17.9M) | (16.6M) | (15.8M) | |
| End Period Cash Flow | 579.7K | 1.0M | 4.4M | 1.6M | 2.0M | 1.3M | |
| Change To Inventory | (2.5M) | (10.4M) | 14.1M | (1.2M) | (12.8M) | (12.1M) | |
| Investments | (175.0K) | (1.1M) | (23.1M) | (10.7M) | (1.9M) | (2.0M) | |
| Net Borrowings | (5.6M) | 1.9M | 888K | 1.1M | 963.9K | 571.7K | |
| Change To Netincome | 1.8M | 1.1M | 1.3M | 2.3M | 2.6M | 1.6M |
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 Automobile Components 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 | -3.7 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 20.36 | |
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. Even though Vicinity may be a good instrument to invest, many penny stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Vicinity Motor Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. 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 | 27.28 M | 16.62 B |
| Shares Outstanding | 50.48 M | 571.82 M |
| Shares Owned By Insiders | 9.20 % | 10.09 % |
| Shares Owned By Institutions | 0.33 % | 39.21 % |
| Number Of Shares Shorted | 787.46 K | 4.71 M |
| Price To Book | 0 X | 9.51 X |
| Price To Sales | 0.09 X | 11.42 X |
| Revenue | 19.05 M | 9.43 B |
| Gross Profit | 4.24 M | 27.38 B |
| EBITDA | (10.18 M) | 3.9 B |
| Net Income | (16.63 M) | 570.98 M |
| Cash And Equivalents | 9.36 M | 2.7 B |
| Cash Per Share | 0.23 X | 5.01 X |
| Total Debt | 27.08 M | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 1.50 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 | 0.20 X | 4.00 X |
| Earnings Per Share | (0.39) X | 3.12 X |
| Target Price | 1.0 | |
| Number Of Employees | 57 | 18.84 K |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 2.53 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.
| Accumulation Distribution | 0.48 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 0.0022 | |||
| Day Typical Price | 0.002 | |||
| Market Facilitation Index | 0.0014 | |||
| Price Action Indicator | (0.0008) | |||
| Period Momentum Indicator | (0.0002) |
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.
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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.