Vox Royalty Target Price vs. Working Capital
| VOXR Stock | USD 2.78 0.00 0.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.87 | 0.7957 |
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For Vox Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vox Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vox Royalty Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vox Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vox Royalty Corp over time as well as its relative position and ranking within its peers.
Vox |
Is Diversified Metals & Mining 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 Vox Royalty. If investors know Vox 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 Vox Royalty 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 9.581 | Dividend Share 0.047 | Earnings Share (0.02) | Revenue Per Share 0.223 | Quarterly Revenue Growth (0.31) |
The market value of Vox Royalty Corp is measured differently than its book value, which is the value of Vox that is recorded on the company's balance sheet. Investors also form their own opinion of Vox Royalty's value that differs from its market value or its book value, called intrinsic value, which is Vox Royalty'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 Vox Royalty's market value can be influenced by many factors that don't directly affect Vox Royalty'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 Vox Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vox Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vox Royalty'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.
Vox Royalty Corp Working Capital vs. Target Price Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vox Royalty's current stock value. Our valuation model uses many indicators to compare Vox Royalty value to that of its competitors to determine the firm's financial worth. Vox Royalty Corp is rated fourth in target price category among its peers. It is rated fourth in working capital category among its peers reporting about 2,332,304 of Working Capital per Target Price. At this time, Vox Royalty's Working Capital is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Vox Royalty by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Vox Working Capital vs. Target Price
Vox Royalty | = | 4.45 |
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Vox Royalty |
| = | 10.38 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Vox Working Capital Comparison
Vox Royalty is currently under evaluation in working capital category among its peers.
Vox Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vox Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vox Royalty will eventually generate negative long term returns. The profitability progress is the general direction of Vox Royalty's change in net profit over the period of time. It can combine multiple indicators of Vox Royalty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 4.1 M | 3.4 M | |
| Net Income Applicable To Common Shares | 377.4 K | 396.3 K | |
| Net Interest Income | 399 K | 418.9 K | |
| Interest Income | 399 K | 418.9 K | |
| Operating Income | 1.7 M | 1.8 M | |
| Net Loss | -101.1 K | -106.2 K | |
| Income Before Tax | 2.4 M | 2.5 M | |
| Total Other Income Expense Net | 684 K | 388 K | |
| Net Loss | -103 K | -108.1 K | |
| Income Tax Expense | 2.5 M | 1.4 M | |
| Change To Netincome | 700.2 K | 665.2 K | |
| Income Quality | (51.19) | (48.63) | |
| Net Loss | (0.04) | (0.04) |
Vox Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vox Royalty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Vox Royalty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Vox Royalty's important profitability drivers and their relationship over time.
Use Vox Royalty in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vox Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vox Royalty will appreciate offsetting losses from the drop in the long position's value.Vox Royalty Pair Trading
Vox Royalty Corp Pair Trading Analysis
The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vox Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vox Royalty Corp to buy it.
The correlation of Vox Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vox Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Vox Royalty position
In addition to having Vox Royalty in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Materials Thematic Idea Now
Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Materials Theme or any other thematic opportunities.
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Additional Tools for Vox Stock Analysis
When running Vox Royalty's price analysis, check to measure Vox Royalty'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 Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.