Twin Vee Powercats Stock Market Value
| VEEE Stock | USD 0.42 0.02 4.55% |
| Symbol | Twin |
Twin Vee Powercats Price To Book Ratio
Is Apparel, Accessories & Luxury Goods 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 Twin Vee. If investors know Twin 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 Twin Vee 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 0.678 | Earnings Share (1.05) | Revenue Per Share 2.734 | Quarterly Revenue Growth (0.47) | Return On Assets (0.19) |
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee'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 Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee'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 Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee'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.
Twin Vee '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 Twin Vee'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 Twin Vee.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Twin Vee on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Twin Vee Powercats or generate 0.0% return on investment in Twin Vee over 30 days. Twin Vee is related to or competes with Vision Marine, EZGO Technologies, LCI Industries, MCBC Holdings, Brunswick, and Ree Automotive. Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats More
Twin Vee 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 Twin Vee'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 Twin Vee Powercats upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.66 | |||
| Information Ratio | 0.0069 | |||
| Maximum Drawdown | 39.05 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 15.09 |
Twin Vee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Twin Vee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Twin Vee's standard deviation. In reality, there are many statistical measures that can use Twin Vee historical prices to predict the future Twin Vee's volatility.| Risk Adjusted Performance | 0.0279 | |||
| Jensen Alpha | 0.0851 | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | 0.0064 | |||
| Treynor Ratio | 0.2394 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Twin Vee'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.
Twin Vee Powercats Backtested Returns
Twin Vee appears to be dangerous, given 3 months investment horizon. Twin Vee Powercats owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0517, which indicates the firm had a 0.0517% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Twin Vee Powercats, which you can use to evaluate the volatility of the company. Please review Twin Vee's Semi Deviation of 6.04, coefficient of variation of 4041.72, and Risk Adjusted Performance of 0.0279 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Twin Vee holds a performance score of 4. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Twin Vee's returns are expected to increase less than the market. However, during the bear market, the loss of holding Twin Vee is expected to be smaller as well. Please check Twin Vee's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Twin Vee's existing price patterns will revert.
Auto-correlation | 0.16 |
Very weak predictability
Twin Vee Powercats has very weak predictability. Overlapping area represents the amount of predictability between Twin Vee time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Twin Vee Powercats price movement. The serial correlation of 0.16 indicates that over 16.0% of current Twin Vee price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Twin Vee Powercats lagged returns against current returns
Autocorrelation, which is Twin Vee 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 Twin Vee's stock expected returns. We can calculate the autocorrelation of Twin Vee returns to help us make a trade decision. For example, suppose you find that Twin Vee 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 |
Twin Vee 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 Twin Vee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Twin Vee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Twin Vee stock over time.
Current vs Lagged Prices |
| Timeline |
Twin Vee Lagged Returns
When evaluating Twin Vee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Twin Vee stock have on its future price. Twin Vee 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, Twin Vee autocorrelation shows the relationship between Twin Vee stock current value and its past values and can show if there is a momentum factor associated with investing in Twin Vee Powercats.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:Check out Twin Vee Correlation, Twin Vee Volatility and Twin Vee Alpha and Beta module to complement your research on Twin Vee. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Twin Vee technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.