VOXX International Story

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VOXX -- USA Stock  

USD 11.63  2.06  21.53%

36% of stocks are less volatile than VOXX International, and 85% of all traded equity instruments are projected to make higher returns than the company over the 60 days investment horizon. As many old-fashioned traders are trying to avoid technology space, it makes sense to break down VOXX International a little further and try to understand its current volatility patterns. We are going to inspect if the current expected returns justify VOXX International's volatility.
Published over a week ago
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Will VOXX International (NASDAQ:VOXX) current volatility spike continue?
VOXX International currently holds 32.27 M in liabilities with Debt to Equity (D/E) ratio of 0.1, which may suggest VOXX International is not taking enough advantage from borrowing. The entity has a current ratio of 2.96, suggesting that it is liquid enough and is able to pay its financial obligations when due.
Volatility is a rate at which the price of VOXX International or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of VOXX International may increase or decrease. In other words, similar to VOXX International's beta indicator, it measures the risk of VOXX International and helps estimate the fluctuations that may happen in a short period of time. So if prices of VOXX International fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is VOXX International's Liquidity

VOXX International financial leverage refers to using borrowed capital as a funding source to finance VOXX International ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. VOXX International financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between VOXX International's total debt and its cash.

How VOXX International utilizes its cash?

To perform a cash flow analysis of VOXX International, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash VOXX International is receiving and how much cash it distributes out in a given period. The VOXX International cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. VOXX International Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. VOXX International reported Net Cash Flow from Operations of (1.01 Million) in 2019

VOXX International Volatility Drivers

VOXX International unsystematic risk is unique to VOXX International and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in VOXX International you can also buy Apple Inc. You can also mitigate this risk by investing in the consumer electronics sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing VOXX International important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in VOXX International income statement and balance sheet. Here are more details about VOXX International volatility.
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