Vita Coco Stock Market Value
| COCO Stock | USD 23.08 0.30 1.28% |
| Symbol | Vita |
Vita Coco Price To Book Ratio
Is Vita Coco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vita Coco. If investors know Vita will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vita Coco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Earnings Share 0.79 | Revenue Per Share 8.748 | Quarterly Revenue Growth 0.154 | Return On Assets 0.147 |
The market value of Vita Coco is measured differently than its book value, which is the value of Vita that is recorded on the company's balance sheet. Investors also form their own opinion of Vita Coco's value that differs from its market value or its book value, called intrinsic value, which is Vita Coco'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 Vita Coco's market value can be influenced by many factors that don't directly affect Vita Coco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vita Coco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vita Coco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vita Coco'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.
Vita Coco 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vita Coco's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vita Coco.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Vita Coco on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Vita Coco or generate 0.0% return on investment in Vita Coco over 720 days. Vita Coco is related to or competes with Embotelladora Andina. The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand name in ... More
Vita Coco Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vita Coco's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vita Coco upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.89 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 2.88 |
Vita Coco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vita Coco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vita Coco's standard deviation. In reality, there are many statistical measures that can use Vita Coco historical prices to predict the future Vita Coco's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vita Coco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vita Coco Backtested Returns
We consider Vita Coco very steady. Vita Coco owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0734, which indicates the firm had a 0.0734% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Vita Coco, which you can use to evaluate the volatility of the company. Please validate Vita Coco's Risk Adjusted Performance of (0), coefficient of variation of (6,158), and Variance of 8.32 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Vita Coco has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vita Coco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vita Coco is expected to be smaller as well. Vita Coco right now has a risk of 2.65%. Please validate Vita Coco skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Vita Coco will be following its existing price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Vita Coco has weak reverse predictability. Overlapping area represents the amount of predictability between Vita Coco time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vita Coco price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Vita Coco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 5.73 |
Vita Coco lagged returns against current returns
Autocorrelation, which is Vita Coco stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vita Coco's stock expected returns. We can calculate the autocorrelation of Vita Coco returns to help us make a trade decision. For example, suppose you find that Vita Coco has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vita Coco regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vita Coco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vita Coco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vita Coco stock over time.
Current vs Lagged Prices |
| Timeline |
Vita Coco Lagged Returns
When evaluating Vita Coco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vita Coco stock have on its future price. Vita Coco autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vita Coco autocorrelation shows the relationship between Vita Coco stock current value and its past values and can show if there is a momentum factor associated with investing in Vita Coco.
Regressed Prices |
| Timeline |
Vita Coco Investors Sentiment
The influence of Vita Coco'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 Vita. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Vita Coco's public news can be used to forecast risks associated with an investment in Vita. The trend in average sentiment can be used to explain how an investor holding Vita can time the market purely based on public headlines and social activities around Vita Coco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Vita Coco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Vita Coco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Vita Coco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Vita Coco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vita Coco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vita Coco's short interest history, or implied volatility extrapolated from Vita Coco options trading.
Pair Trading with Vita Coco
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 Vita Coco 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 Vita Coco will appreciate offsetting losses from the drop in the long position's value.Moving against Vita Stock
| 0.76 | SHOTW | Safety Shot Symbol Change | PairCorr |
| 0.69 | IH | IhumanInc | PairCorr |
| 0.68 | REED | Reeds Inc | PairCorr |
| 0.67 | ZVIA | Zevia Pbc Financial Report 14th of May 2024 | PairCorr |
| 0.64 | JSDA | Jones Soda | PairCorr |
The ability to find closely correlated positions to Vita Coco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vita Coco 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 Vita Coco - 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 Vita Coco to buy it.
The correlation of Vita Coco 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 Vita Coco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vita Coco 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 Vita Coco 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.Check out Vita Coco Correlation, Vita Coco Volatility and Vita Coco Alpha and Beta module to complement your research on Vita Coco. To learn how to invest in Vita Stock, please use our How to Invest in Vita Coco guide.Note that the Vita Coco information on this page should be used as a complementary analysis to other Vita Coco'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 the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Vita Stock analysis
When running Vita Coco's price analysis, check to measure Vita Coco'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 Vita Coco is operating at the current time. Most of Vita Coco's value examination focuses on studying past and present price action to predict the probability of Vita Coco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vita Coco's price. Additionally, you may evaluate how the addition of Vita Coco to your portfolios can decrease your overall portfolio volatility.
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Vita Coco 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.