Vroom Inc Stock Market Value
| VRM Stock | USD 5.24 0.08 1.50% |
| Symbol | Vroom |
Vroom Inc Price To Book Ratio
Is Automotive Retail 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 Vroom. If investors know Vroom 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 Vroom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (232.92) | Revenue Per Share 356.465 | Quarterly Revenue Growth (0.90) | Return On Assets (0.09) | Return On Equity (2.75) |
The market value of Vroom Inc is measured differently than its book value, which is the value of Vroom that is recorded on the company's balance sheet. Investors also form their own opinion of Vroom's value that differs from its market value or its book value, called intrinsic value, which is Vroom'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 Vroom's market value can be influenced by many factors that don't directly affect Vroom'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 Vroom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vroom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vroom'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.
Vroom '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 Vroom'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 Vroom.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vroom on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vroom Inc or generate 0.0% return on investment in Vroom over 30 days. Vroom is related to or competes with CarMax, SunCar Technology, U Power, Camping World, Carvana, Sonic Automotive, and Uxin. Vroom, Inc. operates as an e-commerce used automotive retailer in the United States More
Vroom 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 Vroom'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 Vroom Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 45.12 | |||
| Value At Risk | (10.72) | |||
| Potential Upside | 9.33 |
Vroom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vroom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vroom's standard deviation. In reality, there are many statistical measures that can use Vroom historical prices to predict the future Vroom's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | (0.84) |
Vroom Inc Backtested Returns
Vroom Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0636, which indicates the firm had a -0.0636% return per unit of risk over the last 3 months. Vroom Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vroom's Coefficient Of Variation of (1,364), risk adjusted performance of (0.05), and Variance of 53.57 to confirm the risk estimate we provide. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vroom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vroom is expected to be smaller as well. At this point, Vroom Inc has a negative expected return of -0.47%. Please make sure to validate Vroom's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Vroom Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Vroom Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Vroom time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Vroom Inc price movement. The serial correlation of -0.02 indicates that only 2.0% of current Vroom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 2.24 |
Vroom Inc lagged returns against current returns
Autocorrelation, which is Vroom 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 Vroom's stock expected returns. We can calculate the autocorrelation of Vroom returns to help us make a trade decision. For example, suppose you find that Vroom 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 |
Vroom 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 Vroom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vroom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vroom stock over time.
Current vs Lagged Prices |
| Timeline |
Vroom Lagged Returns
When evaluating Vroom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vroom stock have on its future price. Vroom 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, Vroom autocorrelation shows the relationship between Vroom stock current value and its past values and can show if there is a momentum factor associated with investing in Vroom Inc.
Regressed Prices |
| Timeline |
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Vroom 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.