The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. National Vision has an asset utilization ratio of 63.97 percent. This indicates that the company is making $0.64 for each dollar of assets. An increasing asset utilization means that National Vision Holdings is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of National Vision
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as National Vision Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of National Vision based on National Vision hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to National Vision's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to National Vision's related companies.
Use Technical Analysis to project National expected Price
National Vision 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.
A focus of National Vision technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of National Vision trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...National Vision Gross Profit
National Vision Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing National Vision previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show National Vision Gross Profit growth over the last 10 years. Please check National Vision's
gross profit and other
fundamental indicators for more details.
Details
The latest bullish price patterns experienced by current National Vision Holdings shareholders could raise concerns from shareholders as the firm it trading at a share price of
47.66 on
1,550,611 in volume. The company executives have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in
February. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.45. The current volatility is consistent with the ongoing market swings in
February 2021 as well as with National Vision Holdings unsystematic, company-specific events.
| 2016 | 2017 | 2020 | 2021 (projected) |
Cost of Revenue | 544.78 M | 806.52 M | 626.5 M | 699.44 M | Consolidated Income | 13.34 M | 32.8 M | 15.34 M | 21.57 M |
Deferred Revenue Breakdown
National Vision Deferred Revenue is increasing over the years with slightly volatile fluctuation. Deferred Revenue is expected to dwindle to about 98.9
M. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. National Vision Deferred Revenue is projected to increase significantly based on the last few years of reporting. The past year's Deferred Revenue was at 101.73 Million
| 2010 | 98.71 Million |
| 2016 | 113.03 Million |
| 2017 | 105.4 Million |
| 2020 | 101.73 Million |
| 2021 | 98.9 Million |
National Vision is epected to finish above $47 in April
The market risk adjusted performance is down to 0.11 as of today.
As of the 3rd of March, National Vision secures the Downside Deviation of 2.15,
mean deviation of 1.89, and Risk Adjusted Performance of 0.0447. National Vision Holdings
technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen
technical drivers for National Vision, which can be compared to its peers in the industry. Please verify
National Vision Holdings variance,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
semi variance to decide if National Vision Holdings is priced some-what accurately, providing market reflects its recent price of 47.66 per share. Given that National Vision Holdings has
jensen alpha of 0.0288, we recommend you to check National Vision's last-minute market performance to make sure the company can sustain itself at a future point.
Our Takeaway on National Vision Investment
Although some other companies under the specialty retail industry are still a bit expensive, National Vision may offer a potential longer-term growth to shareholders. While some shareholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to National Vision.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of National Vision Holdings. Please refer to our
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