Is Vicinity Stock a Good Investment?
Vicinity Investment Advice | VEV |
- Examine Vicinity's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Vicinity's leadership team and their track record. Good management can help Vicinity navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Vicinity's business and its evolving consumer preferences.
- Compare Vicinity's performance and market position to its competitors. Analyze how Vicinity is positioned in terms of product offerings, innovation, and market share.
- Check if Vicinity pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Vicinity's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Vicinity Motor Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Vicinity Motor Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Vicinity Stock
Researching Vicinity's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has Price to Book (P/B) ratio of 0.01. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Vicinity Motor Corp recorded a loss per share of 0.39. The entity had not issued any dividends in recent years. The firm had 1:3 split on the 29th of March 2021.
To determine if Vicinity is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Vicinity's research are outlined below:
| Vicinity Motor Corp generated a negative expected return over the last 90 days | |
| Vicinity Motor Corp has high historical volatility and very poor performance | |
| Vicinity Motor Corp has some characteristics of a very speculative penny stock | |
| Vicinity Motor Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 19.05 M. Reported Net Loss for the year was (16.63 M) with profit before taxes, overhead, and interest of 4.24 M. | |
| Vicinity Motor Corp has about 9.36 M in cash with (24.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Vicinity Motor Corp has a frail financial position based on the latest SEC disclosures |
Vicinity Quarterly Cost Of Revenue |
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Vicinity uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Vicinity Motor Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Vicinity's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Vicinity's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Vicinity's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-08-29 | 2018-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2017-11-10 | 2017-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2017-08-17 | 2017-06-30 | 0.02 | 0.0096 | -0.0104 | 52 | ||
2022-03-30 | 2021-12-31 | -0.1 | -0.12 | -0.02 | 20 | ||
2018-05-15 | 2018-03-31 | 0.03 | 0.01 | -0.02 | 66 | ||
2016-05-02 | 2016-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2024-05-14 | 2024-03-31 | -0.05 | -0.08 | -0.03 | 60 | ||
2024-03-28 | 2023-12-31 | -0.06 | -0.09 | -0.03 | 50 |
Know Vicinity's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Vicinity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Vicinity Motor Corp backward and forwards among themselves. Vicinity's institutional investor refers to the entity that pools money to purchase Vicinity's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2024-06-30 | 209 | Newbridge Financial Services Group, Inc. | 2024-06-30 | 0.0 | Bank Of America Corp | 2024-06-30 | 0.0 | Two Sigma Investments Llc | 2024-09-30 | 76.7 K | Geode Capital Management, Llc | 2024-09-30 | 64.7 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 43.2 K | Baader Bank Inc | 2024-09-30 | 25.2 K | Inspire Advisors, Llc | 2024-09-30 | 13 K | Ridgewood Investments Llc | 2024-09-30 | 5.3 K | Royal Bank Of Canada | 2024-06-30 | 3.9 K | Ubs Group Ag | 2024-06-30 | 1.9 K |
Vicinity's market capitalization trends
The company currently falls under 'Nano-Cap' category with a total capitalization of 2.53 M.Market Cap |
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Vicinity's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.26) | (0.28) | |
| Return On Capital Employed | (0.28) | (0.27) | |
| Return On Assets | (0.23) | (0.24) | |
| Return On Equity | (1.06) | (1.01) |
Determining Vicinity's profitability involves analyzing its financial statements and using various financial metrics to determine if Vicinity is a good buy. For example, gross profit margin measures Vicinity's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Vicinity's profitability and make more informed investment decisions.
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.
Evaluate Vicinity's management efficiency
Vicinity Motor Corp has Return on Asset of (0.0749) % which means that on every $100 spent on assets, it lost $0.0749. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6619) %, meaning that it generated no profit with money invested by stockholders. Vicinity's management efficiency ratios could be used to measure how well Vicinity manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.28 in 2024. Return On Capital Employed is likely to climb to -0.27 in 2024. At this time, Vicinity's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 35.2 M in 2024, whereas Return On Tangible Assets are likely to drop (0.28) in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.98 | 1.03 | |
| Tangible Book Value Per Share | 0.70 | 0.73 | |
| Enterprise Value Over EBITDA | (7.15) | (6.79) | |
| Price Book Value Ratio | 2.28 | 2.39 | |
| Enterprise Value Multiple | (7.15) | (6.79) | |
| Price Fair Value | 2.28 | 2.39 | |
| Enterprise Value | 72.8 M | 40 M |
Vicinity Motor Corp benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 0.324 |
Basic technical analysis of Vicinity Stock
As of the 26th of November, Vicinity has the Coefficient Of Variation of (509.91), risk adjusted performance of (0.14), and Variance of 335.81. 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's Outstanding Corporate Bonds
Vicinity issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Vicinity Motor Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Vicinity bonds can be classified according to their maturity, which is the date when Vicinity Motor Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Vicinity's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Vicinity's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | 14.71 | |||
| Mean Deviation | 10.94 | |||
| Coefficient Of Variation | (509.91) | |||
| Standard Deviation | 18.33 | |||
| Variance | 335.81 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (3.57) | |||
| Total Risk Alpha | (6.49) | |||
| Treynor Ratio | 14.7 | |||
| Maximum Drawdown | 108.17 | |||
| Value At Risk | (35.58) | |||
| Potential Upside | 25.0 | |||
| Skewness | (1.63) | |||
| Kurtosis | 5.95 |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | 14.71 | |||
| Mean Deviation | 10.94 | |||
| Coefficient Of Variation | (509.91) | |||
| Standard Deviation | 18.33 | |||
| Variance | 335.81 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (3.57) | |||
| Total Risk Alpha | (6.49) | |||
| Treynor Ratio | 14.7 | |||
| Maximum Drawdown | 108.17 | |||
| Value At Risk | (35.58) | |||
| Potential Upside | 25.0 | |||
| Skewness | (1.63) | |||
| Kurtosis | 5.95 |
Consider Vicinity's intraday indicators
Vicinity intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Vicinity stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Vicinity time-series forecasting models is one of many Vicinity's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Vicinity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Vicinity Stock media impact
Far too much social signal, news, headlines, and media speculation about Vicinity that are available to investors today. That information is available publicly through Vicinity media outlets and privately through word of mouth or via Vicinity internal channels. However, regardless of the origin, that massive amount of Vicinity data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Vicinity news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Vicinity relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Vicinity's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Vicinity alpha.
Vicinity Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Vicinity can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Vicinity Corporate Management
| Danial Buckle | Chief Officer | Profile | |
| Marion McGrath | Corporate Secretary | Profile | |
| Dan Courtney | Director Relations | Profile | |
| Yue Wang | Chief Engineer | Profile | |
| Keith Parker | Consultant | Profile | |
| Jeff Madura | Senior Sales | Profile | |
| Brent Phillips | Vice Sales | Profile |
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.