Voxeljet Ag Stock Market Value
| VJET Stock | USD 1.49 0.04 2.76% |
| Symbol | Voxeljet |
Voxeljet Ag Valuation
Is Voxeljet'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 Voxeljet. If investors know Voxeljet 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 Voxeljet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 3.335 | Quarterly Revenue Growth 0.075 | Return On Assets (0.08) | Return On Equity (0.60) |
The market value of Voxeljet Ag is measured differently than its book value, which is the value of Voxeljet that is recorded on the company's balance sheet. Investors also form their own opinion of Voxeljet's value that differs from its market value or its book value, called intrinsic value, which is Voxeljet'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 Voxeljet's market value can be influenced by many factors that don't directly affect Voxeljet'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 Voxeljet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voxeljet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voxeljet'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.
Voxeljet '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 Voxeljet'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 Voxeljet.
| 10/29/2023 |
| 11/28/2023 |
If you would invest 0.00 in Voxeljet on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Voxeljet Ag or generate 0.0% return on investment in Voxeljet over 30 days. Voxeljet is related to or competes with Video Display, Fathom Digital, Canaan, 3D Systems, One Stop, Strong Global, and Seagate Technology. voxeljet AG provides three-dimensional printers and on-demand parts services to industrial and commercial customers in E... More
Voxeljet 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 Voxeljet'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 Voxeljet Ag upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.8 | |||
| Information Ratio | 0.0717 | |||
| Maximum Drawdown | 43.09 | |||
| Value At Risk | (8.59) | |||
| Potential Upside | 6.84 |
Voxeljet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voxeljet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voxeljet's standard deviation. In reality, there are many statistical measures that can use Voxeljet historical prices to predict the future Voxeljet's volatility.| Risk Adjusted Performance | 0.068 | |||
| Jensen Alpha | 0.4168 | |||
| Total Risk Alpha | 0.311 | |||
| Sortino Ratio | 0.0876 | |||
| Treynor Ratio | 0.3593 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Voxeljet'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. Please use the tools below to analyze the current value of Voxeljet in the context of predictive analytics.
Voxeljet Ag Backtested Returns
Voxeljet appears to be dangerous, given 3 months investment horizon. Voxeljet Ag owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0746, which indicates the firm had 0.0746% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Voxeljet Ag, which you can use to evaluate the future volatility of the company. Please review Voxeljet's Semi Deviation of 4.29, risk adjusted performance of 0.068, and Coefficient Of Variation of 1311.49 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Voxeljet holds a performance score of 5. The entity has a beta of 1.2168, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Voxeljet will likely underperform. By inspecting Voxeljet Ag technical indicators, you can presently evaluate if the expected return of 0.45% will be sustainable into the future. Please operates Voxeljet standard deviation, as well as the relationship between the maximum drawdown and expected short fall to make a quick decision on whether Voxeljet Ag existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Voxeljet Ag has average predictability. Overlapping area represents the amount of predictability between Voxeljet time series from 29th of October 2023 to 13th of November 2023 and 13th of November 2023 to 28th of November 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Voxeljet Ag price movement. The serial correlation of 0.49 indicates that about 49.0% of current Voxeljet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Voxeljet Ag lagged returns against current returns
Autocorrelation, which is Voxeljet 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 Voxeljet's stock expected returns. We can calculate the autocorrelation of Voxeljet returns to help us make a trade decision. For example, suppose you find that Voxeljet stock 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 stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Voxeljet 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 Voxeljet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voxeljet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voxeljet stock over time.
Current vs Lagged Prices |
| Timeline |
Voxeljet Lagged Returns
When evaluating Voxeljet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voxeljet stock have on its future price. Voxeljet 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, Voxeljet autocorrelation shows the relationship between Voxeljet stock current value and its past values and can show if there is a momentum factor associated with investing in Voxeljet Ag.
Regressed Prices |
| Timeline |
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 Voxeljet 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, Voxeljet's short interest history, or implied volatility extrapolated from Voxeljet options trading.
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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.| SPAXX | Fidelity Government Money | |
| SPAXX | Fidelity Government Money | |
| VFIDX | Vanguard Intermediate Term Investment Grade |
Check out Voxeljet Correlation, Voxeljet Volatility and Voxeljet Alpha and Beta module to complement your research on Voxeljet. Note that the Voxeljet Ag information on this page should be used as a complementary analysis to other Voxeljet'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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Voxeljet's price analysis, check to measure Voxeljet'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 Voxeljet is operating at the current time. Most of Voxeljet's value examination focuses on studying past and present price action to predict the probability of Voxeljet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voxeljet's price. Additionally, you may evaluate how the addition of Voxeljet to your portfolios can decrease your overall portfolio volatility.
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Voxeljet 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.