Viomi Technology Ownership
| VIOT Stock | USD 0.76 0.07 8.43% |
Shares in Circulation | First Issued 2017-09-30 | Previous Quarter 68.6 M | Current Value 68.6 M | Avarage Shares Outstanding 59.7 M | Quarterly Volatility 24.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Viomi |
Viomi Stock Ownership Analysis
About 34.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.19. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Viomi Technology ADR recorded a loss per share of 0.17. The entity last dividend was issued on the 27th of March 2019. Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled smart home products in the Peoples Republic of China. The company was founded in 2014 and is headquartered in Guangzhou, China. Viomi Technology operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 1470 people. For more information please call Xiaoping Chen at 86 20 8930 9496 or visit https://ir.viomi.com.Viomi Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Viomi Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Viomi Technology ADR backward and forwards among themselves. Viomi Technology's institutional investor refers to the entity that pools money to purchase Viomi Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Susquehanna International Group, Llp | 2023-12-31 | 0.0 | Two Sigma Securities, Llc | 2023-12-31 | 0.0 | Acadian Asset Management Llc | 2023-12-31 | 640.4 K | Renaissance Technologies Corp | 2023-12-31 | 80.8 K | Mandatum Life Insurance Company Limited | 2023-12-31 | 34 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 23.5 K | Geode Capital Management, Llc | 2023-12-31 | 21.5 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 10.9 K | Ubs Group Ag | 2023-12-31 | 5.6 K | Rhumbline Advisers | 2023-12-31 | 4.1 K | Qube Research & Technologies | 2023-12-31 | 75.0 |
Pair Trading with Viomi Technology
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 Viomi Technology 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 Viomi Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Viomi Stock
| 0.71 | HBB | Hamilton Beach Brands | PairCorr |
| 0.66 | WHR | Whirlpool | PairCorr |
| 0.62 | MBC | MasterBrand | PairCorr |
| 0.59 | FLXS | Flexsteel Industries Fiscal Year End 19th of August 2024 | PairCorr |
| 0.59 | NTZ | Natuzzi SpA | PairCorr |
The ability to find closely correlated positions to Viomi Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viomi Technology 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 Viomi Technology - 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 Viomi Technology ADR to buy it.
The correlation of Viomi Technology 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 Viomi Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viomi Technology ADR 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 Viomi Technology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Viomi Technology ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Viomi Stock analysis
When running Viomi Technology's price analysis, check to measure Viomi Technology'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 Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.
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Is Viomi Technology'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 Viomi Technology. If investors know Viomi 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 Viomi Technology 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 (0.80) | Earnings Share (0.17) | Revenue Per Share 36.248 | Quarterly Revenue Growth (0.35) | Return On Assets (0.03) |
The market value of Viomi Technology ADR is measured differently than its book value, which is the value of Viomi that is recorded on the company's balance sheet. Investors also form their own opinion of Viomi Technology's value that differs from its market value or its book value, called intrinsic value, which is Viomi Technology'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 Viomi Technology's market value can be influenced by many factors that don't directly affect Viomi Technology'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 Viomi Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viomi Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viomi Technology'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.