Vertex Energy Stock Market Value
| VTNR Stock | USD 1.33 0.10 6.99% |
| Symbol | Vertex |
Vertex Energy Price To Book Ratio
Is Vertex Energy'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 Vertex Energy. If investors know Vertex 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 Vertex Energy 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 0.139 | Earnings Share (1.47) | Revenue Per Share 37.118 | Quarterly Revenue Growth (0.17) | Return On Assets (0.02) |
The market value of Vertex Energy is measured differently than its book value, which is the value of Vertex that is recorded on the company's balance sheet. Investors also form their own opinion of Vertex Energy's value that differs from its market value or its book value, called intrinsic value, which is Vertex Energy'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 Vertex Energy's market value can be influenced by many factors that don't directly affect Vertex Energy'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 Vertex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vertex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vertex Energy'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.
Vertex Energy '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 Vertex Energy'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 Vertex Energy.
| 05/07/2022 |
| 04/26/2024 |
If you would invest 0.00 in Vertex Energy on May 7, 2022 and sell it all today you would earn a total of 0.00 from holding Vertex Energy or generate 0.0% return on investment in Vertex Energy over 720 days. Vertex Energy is related to or competes with Delek Logistics, and Sunoco LP. Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and... More
Vertex Energy 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 Vertex Energy'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 Vertex Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.41 | |||
| Information Ratio | 0.007 | |||
| Maximum Drawdown | 35.25 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.94 |
Vertex Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vertex Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vertex Energy's standard deviation. In reality, there are many statistical measures that can use Vertex Energy historical prices to predict the future Vertex Energy's volatility.| Risk Adjusted Performance | 0.0207 | |||
| Jensen Alpha | 0.0949 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0072 | |||
| Treynor Ratio | 0.2812 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vertex Energy'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.
Vertex Energy Backtested Returns
We consider Vertex Energy dangerous. Vertex Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0153, which indicates the firm had a 0.0153% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vertex Energy, which you can use to evaluate the volatility of the company. Please validate Vertex Energy's Coefficient Of Variation of 5422.38, risk adjusted performance of 0.0207, and Semi Deviation of 6.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Vertex Energy has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vertex Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vertex Energy is expected to be smaller as well. Vertex Energy right now has a risk of 7.61%. Please validate Vertex Energy sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Vertex Energy will be following its existing price patterns.
Auto-correlation | 0.56 |
Modest predictability
Vertex Energy has modest predictability. Overlapping area represents the amount of predictability between Vertex Energy time series from 7th of May 2022 to 2nd of May 2023 and 2nd of May 2023 to 26th 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 Vertex Energy price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Vertex Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 3.57 |
Vertex Energy lagged returns against current returns
Autocorrelation, which is Vertex Energy 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 Vertex Energy's stock expected returns. We can calculate the autocorrelation of Vertex Energy returns to help us make a trade decision. For example, suppose you find that Vertex Energy 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 |
Vertex Energy 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 Vertex Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vertex Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vertex Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Vertex Energy Lagged Returns
When evaluating Vertex Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vertex Energy stock have on its future price. Vertex Energy 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, Vertex Energy autocorrelation shows the relationship between Vertex Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Vertex Energy.
Regressed Prices |
| Timeline |
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 Vertex Energy is a strong investment it is important to analyze Vertex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vertex Energy's future performance. For an informed investment choice regarding Vertex Stock, refer to the following important reports:Check out Vertex Energy Correlation, Vertex Energy Volatility and Vertex Energy Alpha and Beta module to complement your research on Vertex Energy. To learn how to invest in Vertex Stock, please use our How to Invest in Vertex Energy guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Vertex Stock analysis
When running Vertex Energy's price analysis, check to measure Vertex Energy'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 Vertex Energy is operating at the current time. Most of Vertex Energy's value examination focuses on studying past and present price action to predict the probability of Vertex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex Energy's price. Additionally, you may evaluate how the addition of Vertex Energy to your portfolios can decrease your overall portfolio volatility.
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Vertex Energy 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.