Vicinity Motor Corp Stock Price on June 28, 2024

VEV Stock  USD 0  0.00005  2.38%   
Below is the normalized historical share price chart for Vicinity Motor Corp extending back to March 31, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Vicinity stands at 0, as last reported on the 29th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day.
IPO Date
22nd of September 2017
200 Day MA
0.4524
50 Day MA
0.078
Beta
0.324
 
Yuan Drop
 
Covid
If you're considering investing in Vicinity Stock, it is important to understand the factors that can impact its price. Vicinity Motor Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Vicinity Motor Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vicinity's Variance of 348.32, risk adjusted performance of (0.14), and Coefficient Of Variation of (510.07) to confirm the risk estimate we provide.
  
At this time, Vicinity's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 77.9 M in 2024, whereas Common Stock is likely to drop slightly above 52.8 M in 2024. . At this time, Vicinity's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 2.39 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.23). Vicinity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.184

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Estimated Market Risk

 19.1
  actual daily
96
96% of assets are less volatile

Expected Return

 -3.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vicinity is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vicinity by adding Vicinity to a well-diversified portfolio.
Price Book
0.0055
Enterprise Value Ebitda
(3.42)
Price Sales
0.0853
Shares Float
41.4 M
Wall Street Target Price
1

Vicinity Valuation on June 28, 2024

It is possible to determine the worth of Vicinity on a given historical date. On June 28, 2024 Vicinity was worth 0.56 at the beginning of the trading date compared to the closed value of 0.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vicinity stock. Still, in general, we apply an absolute valuation method to find Vicinity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Vicinity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vicinity's related companies.
 Open High Low Close Volume
  0.55    0.64    0.50    0.56    20,839  
06/28/2024
  0.56    0.61    0.52    0.61    5,400  
  0.53    0.59    0.51    0.54    32,780  
Backtest Vicinity  |  Vicinity History  |  Vicinity Valuation   PreviousNext  
Open Value
0.56
0.61
Closing Value
57.85
Upside

Vicinity Trading Date Momentum on June 28, 2024

On July 01 2024 Vicinity Motor Corp was traded for  0.54  at the closing time. Highest Vicinity's price during the trading hours was 0.59  and the lowest price during the day was  0.51 . The net volume was 32.8 K. The overall trading history on the 1st of July contributed to the next trading period price depreciation. The trading price change to the next next day price was 11.48% . The trading price change to current price is 31.15% .

Vicinity Motor Corp Fundamentals Correlations and Trends

By evaluating Vicinity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vicinity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vicinity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Vicinity Stock history

Vicinity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Vicinity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vicinity Motor Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Vicinity stock prices may prove useful in developing a viable investing in Vicinity
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.6 M47.9 M
Net Loss-6.6 M-6.3 M

Vicinity Stock Technical Analysis

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.
A focus of Vicinity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vicinity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Vicinity Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vicinity Motor Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Vicinity November 29, 2024 Market Strength

Market strength 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 undertsting and applying Vicinity stock market strength indicators, traders can identify Vicinity Motor Corp entry and exit signals to maximize returns

Vicinity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Vicinity's price direction in advance. Along with the technical and fundamental analysis of Vicinity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vicinity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.