The entity has a beta of 0.4946, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Vuzix's beta means in this case. As returns on the market increase, Vuzix Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Vuzix Corp will be expected to be smaller as well. Even though it is essential to pay attention to
Vuzix Corp current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Vuzix Corp exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
Vuzix Corp has an expected return of -0.3%. Please be advised to validate Vuzix Corp
value at risk,
kurtosis, as well as the
relationship between the Kurtosis and
price action indicator to decide if
Vuzix Corp performance from the past will be repeated at some point in the near future.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Vuzix Corp income statement, its balance sheet, and the statement of cash flows. Potential Vuzix Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Vuzix Corp investors may use each financial statement separately, they are all related. The changes in Vuzix Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Vuzix Corp'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. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Vuzix Corp
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Vuzix Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Vuzix Corp shares is the value that is considered the true value of the share. If
the intrinsic value of Vuzix is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Vuzix Corp. Please read more on our
fundamental analysis page.
Watch out for price decline
Please consider monitoring Vuzix Corp on a daily basis if you are holding a position in it. Vuzix Corp is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Vuzix Corp stock to be traded above the $1 level to remain listed. If Vuzix Corp stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How effective is Vuzix Corp in utilizing its assets?
Vuzix Corp Cmn reports assets on its Balance Sheet. It represents the amount of Vuzix resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Vuzix Corp aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Consumer Electronics space. To get a better handle on how balance sheet or income statements item affect Vuzix volatility, please check the breakdown of all its
fundamentals.
Are Vuzix Corp Earnings Expected to grow?
The
future earnings power of Vuzix Corp involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Vuzix Corp factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Vuzix Corp
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Vuzix
expected earnings.
Vuzix Corp Gross Profit
Vuzix Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Vuzix Corp 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 Vuzix Corp Gross Profit growth over the last 10 years. Please check Vuzix Corp's
gross profit and other
fundamental indicators for more details.
Breaking down Vuzix Corp Indicators
The current Vuzix Corp price drop may raise some interest from stockholders as it is trading at a share price of
13.54 on
188,990,000 in trading volume. The company executives were unable to exploit market volatilities in
July. However, diversifying your overall positions with Vuzix Corp can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.02. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Vuzix Corp partners.
Another 3 percent drop for Vuzix Corp
Value At Risk just dropped to -7.35, may hint to upcoming price decrease.
As of the 8th of August, Vuzix Corp has the
coefficient of variation of
(744.52), and Risk Adjusted Performance of
(0.09). In relation to
fundamental indicators, the
technical analysis model makes it possible for you to check existing technical drivers of Vuzix Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen
technical drivers for Vuzix Corp, which can be compared to its competition. Please validate
Vuzix Corp standard deviation, as well as the
relationship between the value at risk and
kurtosis to decide if Vuzix Corp is priced more or less accurately, providing market reflects its prevalent price of 13.54 per share. Given that Vuzix Corp has
jensen alpha of
(0.59), we advise you to double-check Vuzix Corp's current market performance to make sure the company can sustain itself at a future point.
Our Final Perspective on Vuzix Corp
While many other companies in the consumer electronics industry are either recovering or due for a correction, Vuzix Corp may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 8th of August 2021, we believe that at this point, Vuzix Corp is somewhat reliable with
average probability of distress within the next 2 years. From a slightly different point of view, the entity appears to be
overvalued. Our ongoing 90 days 'Buy-Sell' recommendation on the company is
Cautious Hold.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
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 Raphi Shpitalnik do not own shares of Vuzix Corp Cmn. Please refer to our
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