Vast Renewables Limited Stock Market Value
| VSTEW Stock | 0.1 0.03 39.48% |
| Symbol | Vast |
Vast Renewables Company Valuation
Is Utilities 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.
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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vast Renewables on October 27, 2024 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 30 days. Vast Renewables is related to or competes with Pinterest, WiMi Hologram, CECO Environmental, Stratasys, and Allegheny Technologies. Vast Renewables is entity of United States 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 | 17.98 | |||
| Information Ratio | 0.1062 | |||
| Maximum Drawdown | 113.64 | |||
| Value At Risk | (28.14) | |||
| Potential Upside | 46.25 |
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 | 0.0953 | |||
| Jensen Alpha | 2.78 | |||
| Total Risk Alpha | (0.95) | |||
| Sortino Ratio | 0.1287 | |||
| Treynor Ratio | (0.83) |
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 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.33% are justified by taking the suggested risk. Use Vast Renewables Semi Deviation of 14.69, risk adjusted performance of 0.0953, and Coefficient Of Variation of 892.37 to evaluate company specific risk that cannot be diversified away. Vast Renewables holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -2.93, 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 sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Vast Renewables.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Vast Renewables Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Vast Renewables 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 Vast Renewables price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Vast Renewables price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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.Additional Tools for Vast Stock Analysis
When running Vast Renewables' price analysis, check to measure Vast Renewables' 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 Vast Renewables is operating at the current time. Most of Vast Renewables' value examination focuses on studying past and present price action to predict the probability of Vast Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vast Renewables' price. Additionally, you may evaluate how the addition of Vast Renewables to your portfolios can decrease your overall portfolio volatility.