Volato Group Stock Market Value
| SOAR Stock | 0.37 0.15 68.18% |
| Symbol | Volato |
Volato Group Price To Book Ratio
Is Transportation Infrastructure 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 Volato. If investors know Volato 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 Volato listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.48) | Revenue Per Share 3.018 | Quarterly Revenue Growth 0.163 | Return On Assets (0.59) |
The market value of Volato Group is measured differently than its book value, which is the value of Volato that is recorded on the company's balance sheet. Investors also form their own opinion of Volato's value that differs from its market value or its book value, called intrinsic value, which is Volato'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 Volato's market value can be influenced by many factors that don't directly affect Volato'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 Volato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volato'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.
Volato '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 Volato'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 Volato.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Volato on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Volato Group or generate 0.0% return on investment in Volato over 30 days. Volato is related to or competes with AerSale Corp, Flughafen Zürich, Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, and 70082LAB3. Volato is entity of United States. It is traded as Stock on NYSE exchange. More
Volato 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 Volato'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 Volato Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.61 | |||
| Information Ratio | 0.0611 | |||
| Maximum Drawdown | 151.47 | |||
| Value At Risk | (15.38) | |||
| Potential Upside | 25.0 |
Volato Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volato's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volato's standard deviation. In reality, there are many statistical measures that can use Volato historical prices to predict the future Volato's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 1.42 | |||
| Total Risk Alpha | (1.55) | |||
| Sortino Ratio | 0.1282 | |||
| Treynor Ratio | 3.81 |
Volato Group Backtested Returns
Volato is out of control given 3 months investment horizon. Volato Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0563, which indicates the firm had a 0.0563% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use Volato Group Coefficient Of Variation of 1511.67, risk adjusted performance of 0.0601, and Semi Deviation of 9.2 to evaluate company specific risk that cannot be diversified away. Volato holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Volato's returns are expected to increase less than the market. However, during the bear market, the loss of holding Volato is expected to be smaller as well. Use Volato Group maximum drawdown and the relationship between the expected short fall and period momentum indicator , to analyze future returns on Volato Group.
Auto-correlation | -0.01 |
Very weak reverse predictability
Volato Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Volato time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Volato Group price movement. The serial correlation of -0.01 indicates that just 1.0% of current Volato price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Volato Group lagged returns against current returns
Autocorrelation, which is Volato 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 Volato's stock expected returns. We can calculate the autocorrelation of Volato returns to help us make a trade decision. For example, suppose you find that Volato 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 |
Volato 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 Volato stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volato stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volato stock over time.
Current vs Lagged Prices |
| Timeline |
Volato Lagged Returns
When evaluating Volato's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volato stock have on its future price. Volato 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, Volato autocorrelation shows the relationship between Volato stock current value and its past values and can show if there is a momentum factor associated with investing in Volato Group.
Regressed Prices |
| Timeline |
Pair Trading with Volato
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 Volato 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 Volato will appreciate offsetting losses from the drop in the long position's value.Moving against Volato Stock
| 0.84 | J | Jacobs Solutions | PairCorr |
| 0.8 | B | Barnes Group | PairCorr |
| 0.76 | CW | Curtiss Wright | PairCorr |
| 0.7 | CAAP | Corporacion America | PairCorr |
| 0.69 | EH | Ehang Holdings | PairCorr |
The ability to find closely correlated positions to Volato could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Volato 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 Volato - 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 Volato Group to buy it.
The correlation of Volato 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 Volato moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Volato 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 Volato 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 Volato Stock Analysis
When running Volato's price analysis, check to measure Volato'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 Volato is operating at the current time. Most of Volato's value examination focuses on studying past and present price action to predict the probability of Volato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volato's price. Additionally, you may evaluate how the addition of Volato to your portfolios can decrease your overall portfolio volatility.