Vicinity Motor Corp Stock Alpha and Beta Analysis
| VEV Stock | USD 0 0.0002 11.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Vicinity Motor Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Vicinity over a specified time horizon. Remember, high Vicinity's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Vicinity's market risk premium analysis include:
Beta 1.04 | Alpha (3.70) | Risk 20.36 | Sharpe Ratio (0.18) | Expected Return (3.59) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Vicinity |
Vicinity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Vicinity market risk premium is the additional return an investor will receive from holding Vicinity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Vicinity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Vicinity's performance over market.| α | -3.7 | β | 1.04 |
Vicinity expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Vicinity's Buy-and-hold return. Our buy-and-hold chart shows how Vicinity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Vicinity Market Price Analysis
Market price analysis indicators help investors to evaluate how Vicinity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vicinity shares will generate the highest return on investment. By understating and applying Vicinity stock market price indicators, traders can identify Vicinity position entry and exit signals to maximize returns.
Vicinity Return and Market Media
The median price of Vicinity for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 is 0.0518 with a coefficient of variation of 101.37. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 0.06, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
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 |
About Vicinity Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Vicinity or other stocks. Alpha measures the amount that position in Vicinity Motor Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.2 | 3.19 | 1.72 | 1.63 | Days Of Inventory On Hand | 91.72 | 203.76 | 379.05 | 303.69 |
Vicinity Upcoming Company Events
As portrayed in its financial statements, the presentation of Vicinity's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Vicinity's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Vicinity's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Vicinity. Please utilize our Beneish M Score to check the likelihood of Vicinity's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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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.