Vast Renewables Limited Stock Market Value
| VSTE Stock | USD 1.65 0.20 13.79% |
| Symbol | Vast |
Vast Renewables Price To Book Ratio
Is Electrical Components & Equipment 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 Vast Renewables. If investors know Vast 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 Vast Renewables listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.50) | Revenue Per Share 0.02 | Return On Assets (1.24) |
The market value of Vast Renewables is measured differently than its book value, which is the value of Vast that is recorded on the company's balance sheet. Investors also form their own opinion of Vast Renewables' value that differs from its market value or its book value, called intrinsic value, which is Vast Renewables' 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 Vast Renewables' market value can be influenced by many factors that don't directly affect Vast Renewables' 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 Vast Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vast Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vast Renewables' 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.
Vast Renewables '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 Vast Renewables' 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 Vast Renewables.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Vast Renewables on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Vast Renewables Limited or generate 0.0% return on investment in Vast Renewables over 360 days. Vast Renewables is related to or competes with 1847 Holdings, Westport Fuel, Falcons Beyond, Brookfield Business, FTAI Infrastructure, Greenbrier Companies, and Griffon. Vistra Energy Corporation engages in the generation and retail of electricity in Texas. More
Vast Renewables 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 Vast Renewables' 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 Vast Renewables Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.87 | |||
| Information Ratio | 0.0684 | |||
| Maximum Drawdown | 181.98 | |||
| Value At Risk | (21.22) | |||
| Potential Upside | 13.79 |
Vast Renewables Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vast Renewables' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vast Renewables' standard deviation. In reality, there are many statistical measures that can use Vast Renewables historical prices to predict the future Vast Renewables' volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 2.3 | |||
| Total Risk Alpha | (2.16) | |||
| Sortino Ratio | 0.1473 | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vast Renewables' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vast Renewables Backtested Returns
Vast Renewables is out of control given 3 months investment horizon. Vast Renewables owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.57% are justified by taking the suggested risk. Use Vast Renewables Coefficient Of Variation of 1360.47, risk adjusted performance of 0.0661, and Semi Deviation of 10.2 to evaluate company specific risk that cannot be diversified away. Vast Renewables holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of -3.59, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Vast Renewables are expected to decrease by larger amounts. On the other hand, during market turmoil, Vast Renewables is expected to outperform it. Use Vast Renewables downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Vast Renewables.
Auto-correlation | 0.35 |
Below average predictability
Vast Renewables Limited has below average predictability. Overlapping area represents the amount of predictability between Vast Renewables time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Vast Renewables price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Vast Renewables price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Vast Renewables lagged returns against current returns
Autocorrelation, which is Vast Renewables 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 Vast Renewables' stock expected returns. We can calculate the autocorrelation of Vast Renewables returns to help us make a trade decision. For example, suppose you find that Vast Renewables 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 |
Vast Renewables 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 Vast Renewables stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vast Renewables stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vast Renewables stock over time.
Current vs Lagged Prices |
| Timeline |
Vast Renewables Lagged Returns
When evaluating Vast Renewables' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vast Renewables stock have on its future price. Vast Renewables 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, Vast Renewables autocorrelation shows the relationship between Vast Renewables stock current value and its past values and can show if there is a momentum factor associated with investing in Vast Renewables Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vast Renewables is a strong investment it is important to analyze Vast Renewables' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vast Renewables' future performance. For an informed investment choice regarding Vast Stock, refer to the following important reports:Check out Vast Renewables Correlation, Vast Renewables Volatility and Vast Renewables Alpha and Beta module to complement your research on Vast Renewables. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Vast Renewables 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.