Volcon Historical Financial Ratios
| VLCN Stock | USD 4.30 0.20 4.44% |
Volcon is promptly reporting on over 85 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0, Days Sales Outstanding of 30.14 or Invested Capital of 0.0 will help investors to properly organize and evaluate Volcon Inc financial condition quickly.
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About Volcon Financial Ratios Analysis
Volcon IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Volcon investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Volcon financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Volcon history.
Volcon Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Volcon Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Volcon sales, a figure that is much harder to manipulate than other Volcon Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Volcon's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Volcon Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Volcon's Capex Per Share is very stable compared to the past year. As of the 14th of December 2024, Interest Debt Per Share is likely to grow to about 29 K, though PTB Ratio is likely to grow to (0.22).
| 2022 | 2023 | 2024 (projected) | Payables Turnover | 12.94 | 13.7 | 14.39 | Days Of Inventory On Hand | 153.64 | 295.8 | 310.59 |
Volcon fundamentals Correlations
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Volcon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Volcon
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 Volcon 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 Volcon will appreciate offsetting losses from the drop in the long position's value.Moving together with Volcon Stock
Moving against Volcon Stock
| 0.79 | GT | Goodyear Tire Rubber | PairCorr |
| 0.74 | DORM | Dorman Products | PairCorr |
| 0.69 | GM | General Motors | PairCorr |
| 0.66 | ZK | ZEEKR Intelligent | PairCorr |
| 0.64 | WKHS | Workhorse Group | PairCorr |
The ability to find closely correlated positions to Volcon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Volcon 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 Volcon - 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 Volcon Inc to buy it.
The correlation of Volcon 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 Volcon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Volcon Inc 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 Volcon 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Automotive Parts & Equipment 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 Volcon. If investors know Volcon 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 Volcon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (66.45) | Revenue Per Share 26.061 | Quarterly Revenue Growth 1.207 | Return On Assets (1.52) | Return On Equity (5.59) |
The market value of Volcon Inc is measured differently than its book value, which is the value of Volcon that is recorded on the company's balance sheet. Investors also form their own opinion of Volcon's value that differs from its market value or its book value, called intrinsic value, which is Volcon'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 Volcon's market value can be influenced by many factors that don't directly affect Volcon'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 Volcon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volcon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volcon'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.