Viomi Market Cap from 2010 to 2024
| VIOT Stock | USD 0.91 0.01 1.08% |
Market Cap | First Reported 2010-12-31 | Previous Quarter 488.2 M | Current Value 463.8 M | Quarterly Volatility 1.5 B |
Check Viomi Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viomi Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 19 M or Interest Income of 19 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0096 or PTB Ratio of 0.34. Viomi financial statements analysis is a perfect complement when working with Viomi Technology Valuation or Volatility modules.
Viomi | Market Cap |
Latest Viomi Technology's Market Cap Growth Pattern
Below is the plot of the Market Cap of Viomi Technology ADR over the last few years. It is Viomi Technology's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viomi Technology's overall financial position and show how it may be relating to other accounts over time.
| Market Cap | 10 Years Trend |
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Market Cap |
| Timeline |
Viomi Market Cap Regression Statistics
| Arithmetic Mean | 2,483,042,799 | |
| Geometric Mean | 1,817,740,942 | |
| Coefficient Of Variation | 62.19 | |
| Mean Deviation | 1,417,418,433 | |
| Median | 3,801,618,658 | |
| Standard Deviation | 1,544,316,653 | |
| Sample Variance | 2384913.9T | |
| Range | 3.5B | |
| R-Value | (0.80) | |
| Mean Square Error | 939819.7T | |
| R-Squared | 0.63 | |
| Significance | 0.0004 | |
| Slope | (274,974,927) | |
| Total Sum of Squares | 33388794.9T |
Viomi Market Cap History
About Viomi Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Viomi Technology income statement, its balance sheet, and the statement of cash flows. Viomi Technology investors use historical funamental indicators, such as Viomi Technology's Market Cap, to determine how well the company is positioned to perform in the future. Although Viomi Technology investors may use each financial statement separately, they are all related. The changes in Viomi Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Viomi Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Viomi Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Viomi Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Market Cap | 488.2 M | 463.8 M |
Pair Trading with Viomi Technology
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 Viomi Technology 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 Viomi Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Viomi Stock
Moving against Viomi Stock
| 0.88 | LEG | Leggett Platt | PairCorr |
| 0.88 | NTZ | Natuzzi SpA Earnings Call Tomorrow | PairCorr |
| 0.85 | HBB | Hamilton Beach Brands | PairCorr |
| 0.82 | WHR | Whirlpool | PairCorr |
| 0.8 | ETD | Ethan Allen Interiors Financial Report 7th of August 2024 | PairCorr |
The ability to find closely correlated positions to Viomi Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viomi Technology 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 Viomi Technology - 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 Viomi Technology ADR to buy it.
The correlation of Viomi Technology 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 Viomi Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viomi Technology ADR 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 Viomi Technology 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.Additional Tools for Viomi Stock Analysis
When running Viomi Technology's price analysis, check to measure Viomi Technology'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 Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.