Vetanove OTC Stock Performance

VTNA -  USA Stock  

USD 0.15  0.04  36.36%

Vetanove holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of 4.4862, which indicates a somewhat significant risk relative to the market. Let's try to break down what Vetanove's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vetanove will likely underperform. Although it is vital to follow Vetanove current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. Our philosophy towards measuring future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Vetanove expected return of 1.17 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Vetanove jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to analyze future returns on Vetanove.

Vetanove O TC Stock Performance 

 
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Vetanove Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Vetanove are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Vetanove sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Vetanove Price Channel

Quick Ratio0.02
Fifty Two Week Low0.0055
Fifty Two Week High0.6987

Vetanove Relative Risk vs. Return Landscape

If you would invest  16.00  in Vetanove on October 29, 2021 and sell it today you would lose (1.00)  from holding Vetanove or give up 6.25% of portfolio value over 90 days. Vetanove is currently generating 1.1741% in daily expected returns and assumes 18.7588% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Vetanove, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Vetanove is expected to generate 22.26 times more return on investment than the market. However, the company is 22.26 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

Vetanove Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vetanove's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Vetanove, and traders can use it to determine the average amount a Vetanove'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 = 0.0626

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Estimated Market Risk
 18.76
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 1.17
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 22 %
of total potential
 
2222
Risk-Adjusted Return
 0.06
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 4 %
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44
Based on monthly moving average Vetanove is performing at about 4% of its full potential. 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 Vetanove by adding it to a well-diversified portfolio.

About Vetanove Performance

To evaluate Vetanove OTC 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 Vetanove 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 Vetanove OTC 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 Vetanove stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Vetanove'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.
VetaNova Inc. engages in the process of identifying properties to purchase, rehabilitate, and lease to tenants. As of June 19, 2020, VetaNova Inc. operates as a subsidiary of VitaNova Partners, LLC. Vetanove is traded on OTC Exchange in the United States.

Things to note about Vetanove

Checking the ongoing alerts about Vetanove for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vetanove help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Vetanove Alerts

Equity Alerts and Improvement Suggestions

Vetanove is way too risky over 90 days horizon
Vetanove has some characteristics of a very speculative penny stock
Vetanove appears to be risky and price may revert if volatility continues
Vetanove has high likelihood to experience some financial distress in the next 2 years
The company has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Vetanove reported the previous year's revenue of 5.25 K. Net Loss for the year was (6.25 M) with profit before overhead, payroll, taxes, and interest of 13.12 K.
Vetanove currently holds about 87.8 K in cash with (1.42 M) of positive cash flow from operations.
Roughly 64.0% of the company outstanding shares are owned by insiders
Also, please take a look at World Market Map. Note that the Vetanove information on this page should be used as a complementary analysis to other Vetanove'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Vetanove price analysis, check to measure Vetanove'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 Vetanove is operating at the current time. Most of Vetanove's value examination focuses on studying past and present price action to predict the probability of Vetanove's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Vetanove's price. Additionally, you may evaluate how the addition of Vetanove to your portfolios can decrease your overall portfolio volatility.
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Is Vetanove'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 Vetanove. If investors know Vetanove 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 Vetanove 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 Vetanove is measured differently than its book value, which is the value of Vetanove that is recorded on the company's balance sheet. Investors also form their own opinion of Vetanove's value that differs from its market value or its book value, called intrinsic value, which is Vetanove'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 Vetanove's market value can be influenced by many factors that don't directly affect Vetanove'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 Vetanove's value and its price as these two are different measures arrived at by different means. Investors typically determine Vetanove value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vetanove'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.