Vicinity Motor Corp Stock Performance
| VEV Stock | USD 0 0.0002 11.76% |
The entity has a beta of 1.04, which indicates a somewhat significant risk relative to the market. Vicinity returns are very sensitive to returns on the market. As the market goes up or down, Vicinity is expected to follow. At this point, Vicinity Motor Corp has a negative expected return of -3.59%. Please make sure to validate Vicinity's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Vicinity Motor Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Vicinity Motor Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's technical and fundamental indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:3 | Last Split Date 2021-03-29 |
1 | Vicinity Motor Corp. Short Interest Update | 09/30/2024 |
2 | Vicinity Motor Corp. Receives Notice from RBC of Intent to File Receivership Order on Monday, October 21, 2024 | 10/18/2024 |
3 | Vicinity Motor announces all members of board of directors have resigned | 10/25/2024 |
| Begin Period Cash Flow | 1.6 M |
Vicinity |
Vicinity Relative Risk vs. Return Landscape
If you would invest 12.00 in Vicinity Motor Corp on September 15, 2024 and sell it today you would lose (11.85) from holding Vicinity Motor Corp or give up 98.75% of portfolio value over 90 days. Vicinity Motor Corp is generating negative expected returns assuming volatility of 20.3557% on return distribution over 90 days investment horizon. In other words, majority of equities are less volatile than Vicinity, and most equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Vicinity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vicinity's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Vicinity Motor Corp, and traders can use it to determine the average amount a Vicinity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1764
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VEV |
Estimated Market Risk
| 20.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| -3.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vicinity is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vicinity by adding Vicinity to a well-diversified portfolio.
Vicinity Fundamentals Growth
Vicinity Stock prices reflect investors' perceptions of the future prospects and financial health of Vicinity, and Vicinity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Vicinity Stock performance.
| Return On Equity | -0.66 | ||||
| Return On Asset | -0.0749 | ||||
| Profit Margin | (0.60) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 27.28 M | ||||
| Shares Outstanding | 50.48 M | ||||
| Price To Book | 0 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 19.05 M | ||||
| Gross Profit | 4.24 M | ||||
| EBITDA | (10.18 M) | ||||
| Net Income | (16.63 M) | ||||
| Cash And Equivalents | 9.36 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 27.08 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.50 X | ||||
| Book Value Per Share | 0.41 X | ||||
| Cash Flow From Operations | (24.7 M) | ||||
| Earnings Per Share | (0.39) X | ||||
| Market Capitalization | 2.53 M | ||||
| Total Asset | 74.19 M | ||||
| Retained Earnings | (64.28 M) | ||||
| Working Capital | (2.86 M) | ||||
About Vicinity Performance
Evaluating Vicinity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vicinity has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Vicinity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 379.05 | 303.69 | |
| Return On Tangible Assets | (0.26) | (0.28) | |
| Return On Capital Employed | (0.28) | (0.27) | |
| Return On Assets | (0.23) | (0.24) | |
| Return On Equity | (1.06) | (1.01) |
Things to note about Vicinity Motor Corp performance evaluation
Checking the ongoing alerts about Vicinity for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Vicinity Motor Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Vicinity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Vicinity's stock is overvalued or undervalued compared to its peers.
- Examining Vicinity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Vicinity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vicinity's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Vicinity's stock. These opinions can provide insight into Vicinity's potential for growth and whether the stock is currently undervalued or overvalued.
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.