Viomi Technology Adr Stock Market Value
| VIOT Stock | USD 1.40 0.04 2.78% |
| Symbol | Viomi |
Viomi Technology ADR Price To Book Ratio
Is Household Appliances 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 Viomi Technology. If investors know Viomi 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 Viomi Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.04) | Revenue Per Share | Quarterly Revenue Growth (0.20) | Return On Assets |
The market value of Viomi Technology ADR is measured differently than its book value, which is the value of Viomi that is recorded on the company's balance sheet. Investors also form their own opinion of Viomi Technology's value that differs from its market value or its book value, called intrinsic value, which is Viomi Technology's 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 Viomi Technology's market value can be influenced by many factors that don't directly affect Viomi Technology's 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 Viomi Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viomi Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viomi Technology's 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.
Viomi Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Viomi Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Viomi Technology.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Viomi Technology on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Viomi Technology ADR or generate 0.0% return on investment in Viomi Technology over 30 days. Viomi Technology is related to or competes with Flexsteel Industries, Hamilton Beach, Natuzzi SpA, Crown Crafts, Bassett Furniture, Hooker Furniture, and Ethan Allen. Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled smart home products i... More
Viomi Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Viomi Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Viomi Technology ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.23 | |||
| Information Ratio | 0.0022 | |||
| Maximum Drawdown | 29.4 | |||
| Value At Risk | (7.22) | |||
| Potential Upside | 6.67 |
Viomi Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viomi Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viomi Technology's standard deviation. In reality, there are many statistical measures that can use Viomi Technology historical prices to predict the future Viomi Technology's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | 0.0591 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | (0.02) |
Viomi Technology ADR Backtested Returns
Currently, Viomi Technology ADR is dangerous. Viomi Technology ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0276, which indicates the firm had a 0.0276 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Viomi Technology ADR, which you can use to evaluate the volatility of the company. Please validate Viomi Technology's Coefficient Of Variation of 13204.88, risk adjusted performance of 0.0148, and Semi Deviation of 4.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Viomi Technology has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -1.39, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Viomi Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Viomi Technology is expected to outperform it. Viomi Technology ADR right now has a risk of 5.36%. Please validate Viomi Technology potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Viomi Technology will be following its existing price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Viomi Technology ADR has very good reverse predictability. Overlapping area represents the amount of predictability between Viomi Technology time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Viomi Technology ADR price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Viomi Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Viomi Technology ADR lagged returns against current returns
Autocorrelation, which is Viomi Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Viomi Technology's stock expected returns. We can calculate the autocorrelation of Viomi Technology returns to help us make a trade decision. For example, suppose you find that Viomi Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Viomi Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Viomi Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viomi Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viomi Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Viomi Technology Lagged Returns
When evaluating Viomi Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viomi Technology stock have on its future price. Viomi Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Viomi Technology autocorrelation shows the relationship between Viomi Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Viomi Technology ADR.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Viomi Stock Analysis
When running Viomi Technology's price analysis, check to measure Viomi Technology'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 Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.