VectoIQ Financial Statements From 2010 to 2026
Analyzing historical trends in various income statement and balance sheet accounts from VectoIQ Acquisition's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VectoIQ Acquisition's valuation are summarized below:VectoIQ Acquisition II does not presently have any fundamental trend indicators for analysis.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Check VectoIQ Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VectoIQ Acquisition's main balance sheet or income statement drivers, such as , as well as many indicators such as . VectoIQ financial statements analysis is a perfect complement when working with VectoIQ Acquisition Valuation or Volatility modules.
VectoIQ |
VectoIQ Acquisition II Company Return On Asset Analysis
VectoIQ Acquisition's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current VectoIQ Acquisition Return On Asset | -0.0114 |
Most of VectoIQ Acquisition's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VectoIQ Acquisition II is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, VectoIQ Acquisition II has a Return On Asset of -0.0114. This is 97.57% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The return on asset for all United States stocks is 91.86% lower than that of the firm.
VectoIQ Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VectoIQ Acquisition's current stock value. Our valuation model uses many indicators to compare VectoIQ Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VectoIQ Acquisition competition to find correlations between indicators driving VectoIQ Acquisition's intrinsic value. More Info.VectoIQ Acquisition II is rated first in return on asset category among its peers. It is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value VectoIQ Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Pair Trading with VectoIQ Acquisition
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 VectoIQ Acquisition 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 VectoIQ Acquisition will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in VectoIQ Stock
If you are still planning to invest in VectoIQ Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VectoIQ Acquisition's history and understand the potential risks before investing.
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