Valens Stock Forecast - Information Ratio
| VLN Stock | USD 1.96 0.11 5.31% |
Valens Stock Forecast is based on your current time horizon. Although Valens' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Valens' systematic risk associated with finding meaningful patterns of Valens fundamentals over time.
Valens |
| Check Valens Volatility | Backtest Valens | Information Ratio |
Valens Trading Date Momentum
| On November 25 2024 Valens was traded for 1.96 at the closing time. Highest Valens's price during the trading hours was 2.08 and the lowest price during the day was 1.81 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not result in any price rise and fall. The trading price change to current price is 6.12% . |
| Compare Valens to competition |
Other Forecasting Options for Valens
For every potential investor in Valens, whether a beginner or expert, Valens' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Valens Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Valens. Basic forecasting techniques help filter out the noise by identifying Valens' price trends.Valens Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Valens stock to make a market-neutral strategy. Peer analysis of Valens could also be used in its relative valuation, which is a method of valuing Valens by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Valens Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Valens' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Valens' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Valens Market Strength Events
Market strength indicators help investors to evaluate how Valens stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Valens shares will generate the highest return on investment. By undertsting and applying Valens stock market strength indicators, traders can identify Valens entry and exit signals to maximize returns.
Valens Risk Indicators
The analysis of Valens' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Valens' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting valens stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.75 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.73 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Valens
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 Valens 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 Valens will appreciate offsetting losses from the drop in the long position's value.Moving together with Valens Stock
Moving against Valens Stock
| 0.57 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.54 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.44 | IPGP | IPG Photonics | PairCorr |
| 0.42 | CWAN | Clearwater Analytics | PairCorr |
| 0.34 | KLIC | Kulicke and Soffa | PairCorr |
The ability to find closely correlated positions to Valens could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valens 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 Valens - 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 Valens to buy it.
The correlation of Valens 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 Valens moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valens 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 Valens 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 Historical Fundamental Analysis of Valens to cross-verify your projections. To learn how to invest in Valens Stock, please use our How to Invest in Valens guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valens. If investors know Valens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 0.604 | Quarterly Revenue Growth 0.132 | Return On Assets (0.12) | Return On Equity (0.17) |
The market value of Valens is measured differently than its book value, which is the value of Valens that is recorded on the company's balance sheet. Investors also form their own opinion of Valens' value that differs from its market value or its book value, called intrinsic value, which is Valens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valens' market value can be influenced by many factors that don't directly affect Valens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.