We advise to exercise Vicinity fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Vicinity Motor Corp as well as the relationship between them. We were able to interpolate thirty-three available drivers for Vicinity Motor Corp, which can be compared to its competition. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Vicinity to be traded at C$0.0693 in 90 days. Key indicators impacting Vicinity's financial strength include:
Understanding current and past Vicinity Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Vicinity's financial statements are interrelated, with each one affecting the others. For example, an increase in Vicinity's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Vicinity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Vicinity Motor Corp. Check Vicinity's Beneish M Score to see the likelihood of Vicinity's management manipulating its earnings.
Vicinity Stock Summary
Vicinity competes with JPMorgan Chase, Bank of America, Royal Bank, Royal Bank, and Royal Bank. Vicinity Motor Corp. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada. VICINITY MOTOR operates under Auto Manufacturers classification in Exotistan and is traded on Commodity Exchange. It employs 53 people.
You should never invest in Vicinity without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Vicinity Stock, because this is throwing your money away. Analyzing the key information contained in Vicinity's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Vicinity Key Financial Ratios
There are many critical financial ratios that Vicinity's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Vicinity Motor Corp reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Vicinity's current stock value. Our valuation model uses many indicators to compare Vicinity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vicinity competition to find correlations between indicators driving Vicinity's intrinsic value. More Info.
Vicinity Motor Corp is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Vicinity's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vicinity's earnings, one of the primary drivers of an investment's value.
Vicinity Motor Corp Systematic Risk
Vicinity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vicinity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Vicinity Motor Corp correlated with the market. If Beta is less than 0 Vicinity generally moves in the opposite direction as compared to the market. If Vicinity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vicinity Motor Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vicinity is generally in the same direction as the market. If Beta > 1 Vicinity moves generally in the same direction as, but more than the movement of the benchmark.
Vicinity Motor Corp Total Assets Over Time
Today, most investors in Vicinity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vicinity's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Vicinity growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Vicinity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vicinity Motor Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vicinity Motor Corp based on widely used predictive technical indicators. In general, we focus on analyzing Vicinity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vicinity's daily price indicators and compare them against related drivers.
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.