Valmie Resources Stock Market Value
| VMRI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Valmie |
Valmie Resources Price To Book Ratio
Is Technology Hardware, Storage & Peripherals 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 Valmie Resources. If investors know Valmie 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 Valmie Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.59) | Return On Equity (34.74) |
The market value of Valmie Resources is measured differently than its book value, which is the value of Valmie that is recorded on the company's balance sheet. Investors also form their own opinion of Valmie Resources' value that differs from its market value or its book value, called intrinsic value, which is Valmie Resources' 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 Valmie Resources' market value can be influenced by many factors that don't directly affect Valmie Resources' 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 Valmie Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valmie Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valmie Resources' 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.
Valmie Resources '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 Valmie Resources' 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 Valmie Resources.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Valmie Resources on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Valmie Resources or generate 0.0% return on investment in Valmie Resources over 30 days. Valmie Resources is related to or competes with Western Digital, NetApp, Logitech International, HP, and Dell Technologies. Valmie Resources, Inc. focuses on the development of unmanned aerial vehicle software, hardware, and cloud services for ... More
Valmie Resources 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 Valmie Resources' 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 Valmie Resources upside and downside potential and time the market with a certain degree of confidence.
Valmie Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valmie Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valmie Resources' standard deviation. In reality, there are many statistical measures that can use Valmie Resources historical prices to predict the future Valmie Resources' volatility.Valmie Resources Backtested Returns
We have found three technical indicators for Valmie Resources, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Valmie Resources are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Valmie Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Valmie Resources time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Valmie Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Valmie Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Valmie Resources lagged returns against current returns
Autocorrelation, which is Valmie Resources 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 Valmie Resources' stock expected returns. We can calculate the autocorrelation of Valmie Resources returns to help us make a trade decision. For example, suppose you find that Valmie Resources 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 |
Valmie Resources 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 Valmie Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valmie Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valmie Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Valmie Resources Lagged Returns
When evaluating Valmie Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valmie Resources stock have on its future price. Valmie Resources 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, Valmie Resources autocorrelation shows the relationship between Valmie Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Valmie Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Valmie Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valmie Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valmie Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valmie Resources Stock:Check out Valmie Resources Correlation, Valmie Resources Volatility and Valmie Resources Alpha and Beta module to complement your research on Valmie Resources. For more detail on how to invest in Valmie Stock please use our How to Invest in Valmie Resources guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Valmie Resources 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.