VTEX Correlations
| VTEX Stock | USD 7.71 0.28 3.77% |
The correlation of VTEX 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 VTEX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VTEX 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.
Modest diversification
The correlation between VTEX and NYA is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VTEX and NYA in the same portfolio, assuming nothing else is changed.
VTEX |
The ability to find closely correlated positions to VTEX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VTEX 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 VTEX - 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 VTEX to buy it.
Moving together with VTEX Stock
Moving against VTEX Stock
| 0.66 | NOGWQ | Nogin Inc | PairCorr |
| 0.62 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.58 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.51 | DMAN | Innovativ Media Group | PairCorr |
| 0.47 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in VTEX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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VTEX Corporate Management
Elected by the shareholders, the VTEX's board of directors comprises two types of representatives: VTEX inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VTEX. The board's role is to monitor VTEX's management team and ensure that shareholders' interests are well served. VTEX's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VTEX's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mariano Faria | CoCEO Cofounder | Profile | |
| Fernanda Weiden | Chief Officer | Profile | |
| Andre Gomes | Chief Officer | Profile | |
| Carol Silvestre | Head Communications | Profile | |
| Rodrigo Jorge | Chief Officer | Profile | |
| Santiago Naranjo | Chief Officer | Profile | |
| Rafael Forte | Head Solution | Profile |
Already Invested in VTEX?
The danger of trading VTEX is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VTEX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VTEX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VTEX is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VTEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VTEX'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 Vtex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vtex Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VTEX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy VTEX Stock please use our How to Invest in VTEX guide.Note that the VTEX information on this page should be used as a complementary analysis to other VTEX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for VTEX Stock analysis
When running VTEX's price analysis, check to measure VTEX'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 VTEX is operating at the current time. Most of VTEX's value examination focuses on studying past and present price action to predict the probability of VTEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VTEX's price. Additionally, you may evaluate how the addition of VTEX to your portfolios can decrease your overall portfolio volatility.
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Is VTEX'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 VTEX. If investors know VTEX 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 VTEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 1.081 | Quarterly Revenue Growth 0.335 | Return On Assets (0.03) | Return On Equity (0.05) |
The market value of VTEX is measured differently than its book value, which is the value of VTEX that is recorded on the company's balance sheet. Investors also form their own opinion of VTEX's value that differs from its market value or its book value, called intrinsic value, which is VTEX'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 VTEX's market value can be influenced by many factors that don't directly affect VTEX'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 VTEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if VTEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VTEX'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.