Vista Outdoor Stock Market Value
| VSTO Stock | USD 32.17 0.20 0.63% |
| Symbol | Vista |
Is Vista Outdoor'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 Vista Outdoor. If investors know Vista 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 Vista Outdoor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vista Outdoor is measured differently than its book value, which is the value of Vista that is recorded on the company's balance sheet. Investors also form their own opinion of Vista Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Vista Outdoor'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 Vista Outdoor's market value can be influenced by many factors that don't directly affect Vista Outdoor'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 Vista Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Outdoor'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.
Vista Outdoor '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 Vista Outdoor'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 Vista Outdoor.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Vista Outdoor on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Vista Outdoor or generate 0.0% return on investment in Vista Outdoor over 30 days. Vista Outdoor is related to or competes with Clarus Corp, Johnson Outdoors, Escalade Incorporated, JAKKS Pacific, American Outdoor, OneSpaWorld Holdings, and Leatt Corp. Vista Outdoor Inc. designs, manufactures, and markets consumer products in the outdoor sports and recreation markets in ... More
Vista Outdoor 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 Vista Outdoor'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 Vista Outdoor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0425 | |||
| Maximum Drawdown | 11.94 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 3.22 |
Vista Outdoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vista Outdoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vista Outdoor's standard deviation. In reality, there are many statistical measures that can use Vista Outdoor historical prices to predict the future Vista Outdoor's volatility.| Risk Adjusted Performance | 0.0553 | |||
| Jensen Alpha | 0.1741 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vista Outdoor'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.
Vista Outdoor Backtested Returns
We consider Vista Outdoor very steady. Vista Outdoor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0785, which indicates the firm had a 0.0785% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vista Outdoor, which you can use to evaluate the volatility of the company. Please validate Vista Outdoor's Risk Adjusted Performance of 0.0553, semi deviation of 1.24, and Coefficient Of Variation of 1273.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Vista Outdoor has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vista Outdoor are expected to decrease at a much lower rate. During the bear market, Vista Outdoor is likely to outperform the market. Vista Outdoor right now has a risk of 1.91%. Please validate Vista Outdoor semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if Vista Outdoor will be following its existing price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Vista Outdoor has weak reverse predictability. Overlapping area represents the amount of predictability between Vista Outdoor time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Vista Outdoor price movement. The serial correlation of -0.24 indicates that over 24.0% of current Vista Outdoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Vista Outdoor lagged returns against current returns
Autocorrelation, which is Vista Outdoor 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 Vista Outdoor's stock expected returns. We can calculate the autocorrelation of Vista Outdoor returns to help us make a trade decision. For example, suppose you find that Vista Outdoor 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 |
Vista Outdoor 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 Vista Outdoor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vista Outdoor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vista Outdoor stock over time.
Current vs Lagged Prices |
| Timeline |
Vista Outdoor Lagged Returns
When evaluating Vista Outdoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vista Outdoor stock have on its future price. Vista Outdoor 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, Vista Outdoor autocorrelation shows the relationship between Vista Outdoor stock current value and its past values and can show if there is a momentum factor associated with investing in Vista Outdoor.
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 Vista Outdoor 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, Vista Outdoor's short interest history, or implied volatility extrapolated from Vista Outdoor options trading.
Also Currently Popular
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.When determining whether Vista Outdoor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vista Outdoor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vista Outdoor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vista Outdoor Stock:Check out Vista Outdoor Correlation, Vista Outdoor Volatility and Vista Outdoor Alpha and Beta module to complement your research on Vista Outdoor. To learn how to invest in Vista Stock, please use our How to Invest in Vista Outdoor guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Vista Stock analysis
When running Vista Outdoor's price analysis, check to measure Vista Outdoor'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 Vista Outdoor is operating at the current time. Most of Vista Outdoor's value examination focuses on studying past and present price action to predict the probability of Vista Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vista Outdoor's price. Additionally, you may evaluate how the addition of Vista Outdoor to your portfolios can decrease your overall portfolio volatility.
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Vista Outdoor 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.