Vicinity Motor Corp Stock Technical Analysis
| VEV Stock | USD 0 0.0008 53.33% |
As of the 14th of December 2024, Vicinity has the Variance of 402.06, risk adjusted performance of (0.12), and Coefficient Of Variation of (557.11). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vicinity Motor Corp, as well as the relationship between them. Please validate Vicinity Motor Corp coefficient of variation and value at risk to decide if Vicinity is priced more or less accurately, providing market reflects its prevalent price of 0.0023 per share. As Vicinity Motor Corp appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
Vicinity Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vicinity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VicinityVicinity |
Vicinity Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 3.0 | Strong Sell | 1 | Odds |
Most Vicinity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Vicinity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Vicinity Motor Corp, talking to its executives and customers, or listening to Vicinity conference calls.
Vicinity 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.
Vicinity Motor Corp Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Vicinity Motor Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vicinity Motor Corp Trend Analysis
Use this graph to draw trend lines for Vicinity Motor Corp. You can use it to identify possible trend reversals for Vicinity as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Vicinity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vicinity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vicinity Motor Corp applied against its price change over selected period. The best fit line has a slop of 0.003 , which may imply that the returns on investment in Vicinity Motor Corp will continue to fail. It has 122 observation points and a regression sum of squares at 0.33, which is the sum of squared deviations for the predicted Vicinity price change compared to its average price change.About Vicinity Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Vicinity Motor Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Vicinity Motor Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vicinity Motor Corp price pattern first instead of the macroeconomic environment surrounding Vicinity Motor Corp. By analyzing Vicinity's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Vicinity's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Vicinity specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 December 14, 2024 Technical Indicators
Most technical analysis of Vicinity help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Vicinity from various momentum indicators to cycle indicators. When you analyze Vicinity charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (3.48) | |||
| Mean Deviation | 13.01 | |||
| Coefficient Of Variation | (557.11) | |||
| Standard Deviation | 20.05 | |||
| Variance | 402.06 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (3.70) | |||
| Total Risk Alpha | (6.10) | |||
| Treynor Ratio | (3.49) | |||
| Maximum Drawdown | 108.17 | |||
| Value At Risk | (35.58) | |||
| Potential Upside | 29.27 | |||
| Skewness | (1.10) | |||
| Kurtosis | 3.67 |
Vicinity December 14, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Vicinity stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 34,684 | ||
| Daily Balance Of Power | 0.80 | ||
| Rate Of Daily Change | 1.53 | ||
| Day Median Price | 0.00 | ||
| Day Typical Price | 0.00 | ||
| Price Action Indicator | 0.00 |
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.