Victory Fundamentals

VNCKF -  USA Stock  

USD 0.0116  0.0001  0.85%

Victory Nickel fundamentals help investors to digest information that contributes to Victory Nickel's financial success or failures. It also enables traders to predict the movement of Victory OTC Stock. This fundamental analysis module provides a way for investors to measures Victory Nickel's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Victory Nickel otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Victory Fundamentals 


Victory Current Ratio Analysis

Victory Nickel's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ratio 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current Victory Nickel Current Ratio

  0.34 X  
Most of Victory Nickel's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Victory Nickel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Compare to competition

In accordance with the recently published financial statements, Victory Nickel has a Current Ratio of 0.34 times. This is 91.12% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is 84.26% higher than that of the company.

Victory Nickel Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Victory Nickel's current stock value. Our valuation model uses many indicators to compare Victory Nickel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Victory Nickel competition to find correlations between indicators driving Victory Nickel's intrinsic value. More Info.
Victory Nickel is rated second in return on equity category among related companies. It is rated second in cash and equivalents category among related companies .

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Victory Fundamentals

About Victory Nickel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Victory Nickel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Victory Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Victory Nickel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Victory Nickel Inc. engages in the acquisition, exploration, evaluation, and development of nickel properties and associated products in Canada. Victory Nickel Inc. was incorporated in 2006 and is based in Toronto, Canada. Victory Nickel operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Victory Nickel Investors Sentiment

The influence of Victory Nickel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Victory. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - VNCKF

Victory Nickel Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Victory Nickel. What is your outlook on investing in Victory Nickel? Are you bullish or bearish?
50% Bullish
50% Bearish

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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..
Also, please take a look at Victory Nickel Piotroski F Score and Victory Nickel Altman Z Score analysis. Note that the Victory Nickel information on this page should be used as a complementary analysis to other Victory Nickel'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Victory OTC Stock analysis

When running Victory Nickel price analysis, check to measure Victory Nickel'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 Victory Nickel is operating at the current time. Most of Victory Nickel's value examination focuses on studying past and present price action to predict the probability of Victory Nickel's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Victory Nickel's price. Additionally, you may evaluate how the addition of Victory Nickel to your portfolios can decrease your overall portfolio volatility.
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The market value of Victory Nickel is measured differently than its book value, which is the value of Victory that is recorded on the company's balance sheet. Investors also form their own opinion of Victory Nickel's value that differs from its market value or its book value, called intrinsic value, which is Victory Nickel'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 Victory Nickel's market value can be influenced by many factors that don't directly affect Victory Nickel underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Victory Nickel's value and its price as these two are different measures arrived at by different means. Investors typically determine Victory Nickel value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victory Nickel'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.