VectoIQ Acquisition II Performance
The entity has a beta of 0.0318, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VectoIQ Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding VectoIQ Acquisition is expected to be smaller as well. VectoIQ Acquisition right now has a risk of 0.0%. Please validate VectoIQ Acquisition downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall , to decide if VectoIQ Acquisition will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days VectoIQ Acquisition II has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable forward indicators, VectoIQ Acquisition is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 12.6 K | |
| Total Cashflows From Investing Activities | -345 M |
VectoIQ |
VectoIQ Acquisition Relative Risk vs. Return Landscape
If you would invest (100.00) in VectoIQ Acquisition II on January 25, 2024 and sell it today you would earn a total of 100.00 from holding VectoIQ Acquisition II or generate -100.0% return on investment over 90 days. VectoIQ Acquisition II is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than VectoIQ, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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VectoIQ Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VectoIQ Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as VectoIQ Acquisition II, and traders can use it to determine the average amount a VectoIQ Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average VectoIQ Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VectoIQ Acquisition by adding VectoIQ Acquisition to a well-diversified portfolio.
VectoIQ Acquisition Fundamentals Growth
VectoIQ Stock prices reflect investors' perceptions of the future prospects and financial health of VectoIQ Acquisition, and VectoIQ Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on VectoIQ Stock performance.
| Return On Asset | -0.0114 | |||
| Current Valuation | 442.96 M | |||
| Shares Outstanding | 35.4 M | |||
| Price To Earning | 40.04 X | |||
| Price To Book | 1.33 X | |||
| EBITDA | 1.03 M | |||
| Cash And Equivalents | 108.78 K | |||
| Total Debt | 35 K | |||
| Debt To Equity | 1.43 % | |||
| Book Value Per Share | (0.33) X | |||
| Cash Flow From Operations | (795) | |||
| Earnings Per Share | 0.11 X | |||
| Total Asset | 346.11 K | |||
About VectoIQ Acquisition Performance
To evaluate VectoIQ Acquisition Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when VectoIQ Acquisition generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare VectoIQ Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand VectoIQ Acquisition market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents VectoIQ's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. II was incorporated in 2020 and is based in Mamaroneck, New York. Vectoiq Acquisition is traded on NASDAQ Exchange in the United States.Things to note about VectoIQ Acquisition performance evaluation
Checking the ongoing alerts about VectoIQ Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for VectoIQ Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| VectoIQ Acquisition is not yet fully synchronised with the market data | |
| VectoIQ Acquisition has some characteristics of a very speculative penny stock | |
| VectoIQ Acquisition has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 35 K in liabilities with Debt to Equity (D/E) ratio of 1.43, which is about average as compared to similar companies. VectoIQ Acquisition has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist VectoIQ Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, VectoIQ Acquisition's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like VectoIQ Acquisition sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for VectoIQ to invest in growth at high rates of return. When we think about VectoIQ Acquisition's use of debt, we should always consider it together with cash and equity. | |
| VectoIQ Acquisition II currently holds about 108.78 K in cash with (795) of positive cash flow from operations. | |
| Over 77.0% of VectoIQ Acquisition outstanding shares are owned by institutional investors |
- Analyzing VectoIQ Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether VectoIQ Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining VectoIQ Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating VectoIQ Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of VectoIQ Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of VectoIQ Acquisition's stock. These opinions can provide insight into VectoIQ Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in VectoIQ Stock
If you are still planning to invest in VectoIQ Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VectoIQ Acquisition's history and understand the potential risks before investing.
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