Valero Energy Stock Market Value
| VLO Stock | USD 167.54 1.64 0.99% |
| Symbol | Valero |
Valero Energy Price To Book Ratio
Is Valero Energy's industry 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 Valero Energy. If investors know Valero 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 Valero Energy 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 (0.57) | Dividend Share 4.08 | Earnings Share 24.92 | Revenue Per Share 393.771 | Quarterly Revenue Growth (0.16) |
The market value of Valero Energy is measured differently than its book value, which is the value of Valero that is recorded on the company's balance sheet. Investors also form their own opinion of Valero Energy's value that differs from its market value or its book value, called intrinsic value, which is Valero Energy'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 Valero Energy's market value can be influenced by many factors that don't directly affect Valero Energy'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 Valero Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valero Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valero Energy'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.
Valero Energy '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 Valero Energy'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 Valero Energy.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Valero Energy on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Valero Energy or generate 0.0% return on investment in Valero Energy over 720 days. Valero Energy is related to or competes with Delek Logistics, Crossamerica Partners, and Sunoco LP. Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United... More
Valero Energy 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 Valero Energy'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 Valero Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.2173 | |||
| Maximum Drawdown | 8.1 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.7 |
Valero Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valero Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valero Energy's standard deviation. In reality, there are many statistical measures that can use Valero Energy historical prices to predict the future Valero Energy's volatility.| Risk Adjusted Performance | 0.1738 | |||
| Jensen Alpha | 0.3655 | |||
| Total Risk Alpha | 0.2233 | |||
| Sortino Ratio | 0.2269 | |||
| Treynor Ratio | 0.5106 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Valero Energy's 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.
Valero Energy Backtested Returns
Valero Energy appears to be very steady, given 3 months investment horizon. Valero Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Valero Energy, which you can use to evaluate the volatility of the company. Please review Valero Energy's Semi Deviation of 1.17, risk adjusted performance of 0.1738, and Coefficient Of Variation of 367.47 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Valero Energy holds a performance score of 18. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Valero Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Valero Energy is expected to be smaller as well. Please check Valero Energy's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Valero Energy's existing price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Valero Energy has poor predictability. Overlapping area represents the amount of predictability between Valero Energy time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th of April 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 Valero Energy price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Valero Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 334.6 |
Valero Energy lagged returns against current returns
Autocorrelation, which is Valero Energy 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 Valero Energy's stock expected returns. We can calculate the autocorrelation of Valero Energy returns to help us make a trade decision. For example, suppose you find that Valero Energy 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 |
Valero Energy 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 Valero Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valero Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valero Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Valero Energy Lagged Returns
When evaluating Valero Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valero Energy stock have on its future price. Valero Energy 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, Valero Energy autocorrelation shows the relationship between Valero Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Valero Energy.
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 Valero Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valero Energy's 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 Valero Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valero Energy Stock:Check out Valero Energy Correlation, Valero Energy Volatility and Valero Energy Alpha and Beta module to complement your research on Valero Energy. To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Valero Stock analysis
When running Valero Energy's price analysis, check to measure Valero Energy'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 Valero Energy is operating at the current time. Most of Valero Energy's value examination focuses on studying past and present price action to predict the probability of Valero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valero Energy's price. Additionally, you may evaluate how the addition of Valero Energy to your portfolios can decrease your overall portfolio volatility.
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Valero Energy 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.