Valens Stock Market Value
| VLN Stock | USD 1.97 0.13 7.07% |
| Symbol | Valens |
Valens Price To Book Ratio
Is Semiconductors & Semiconductor 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 Valens. If investors know Valens 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 Valens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 0.604 | Quarterly Revenue Growth 0.132 | Return On Assets (0.12) | Return On Equity (0.17) |
The market value of Valens is measured differently than its book value, which is the value of Valens that is recorded on the company's balance sheet. Investors also form their own opinion of Valens' value that differs from its market value or its book value, called intrinsic value, which is Valens' 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 Valens' market value can be influenced by many factors that don't directly affect Valens' 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 Valens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valens' 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.
Valens '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 Valens' 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 Valens.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Valens on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Valens or generate 0.0% return on investment in Valens over 30 days. Valens is related to or competes with Wolfspeed, GSI Technology, Lattice Semiconductor, ON Semiconductor, MaxLinear, NLIGHT, and CEVA. Valens Semiconductor Ltd. engages in the provision of semiconductor products that enables high-speed video and data tran... More
Valens 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 Valens' 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 Valens upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.82 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 7.07 |
Valens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valens' standard deviation. In reality, there are many statistical measures that can use Valens historical prices to predict the future Valens' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.49) |
Valens Backtested Returns
Valens owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0093, which indicates the firm had a -0.0093% return per unit of risk over the last 3 months. Valens exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Valens' insignificant Risk Adjusted Performance, variance of 15.51, and Coefficient Of Variation of (7,907) to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Valens' returns are expected to increase less than the market. However, during the bear market, the loss of holding Valens is expected to be smaller as well. At this point, Valens has a negative expected return of -0.0371%. Please make sure to validate Valens' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Valens performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Valens has weak reverse predictability. Overlapping area represents the amount of predictability between Valens time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Valens price movement. The serial correlation of -0.23 indicates that over 23.0% of current Valens price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Valens lagged returns against current returns
Autocorrelation, which is Valens 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 Valens' stock expected returns. We can calculate the autocorrelation of Valens returns to help us make a trade decision. For example, suppose you find that Valens 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 |
Valens 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 Valens stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valens stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valens stock over time.
Current vs Lagged Prices |
| Timeline |
Valens Lagged Returns
When evaluating Valens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valens stock have on its future price. Valens 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, Valens autocorrelation shows the relationship between Valens stock current value and its past values and can show if there is a momentum factor associated with investing in Valens.
Regressed Prices |
| Timeline |
Pair Trading with Valens
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 Valens 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 Valens will appreciate offsetting losses from the drop in the long position's value.Moving against Valens Stock
| 0.54 | RMBS | Rambus Inc | PairCorr |
| 0.43 | CAN | Canaan Inc Buyout Trend | PairCorr |
| 0.37 | WOLF | Wolfspeed Trending | PairCorr |
| 0.35 | SITM | Sitime | PairCorr |
The ability to find closely correlated positions to Valens could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valens 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 Valens - 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 Valens to buy it.
The correlation of Valens 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 Valens moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valens 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 Valens 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 Valens Correlation, Valens Volatility and Valens Alpha and Beta module to complement your research on Valens. To learn how to invest in Valens Stock, please use our How to Invest in Valens guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Valens 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.