Vecima Networks Stock Today

VCM Stock  CAD 21.21  0.84  3.81%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 10

 
High
 
Low
Low
Vecima Networks is selling at 21.21 as of the 22nd of April 2024; that is -3.81 percent decrease since the beginning of the trading day. The stock's open price was 22.05. Vecima Networks has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Vecima Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. The company has 24.31 M outstanding shares of which 2.87 K shares are at this time shorted by private and institutional investors with about 1.94 days to cover all short positions. More on Vecima Networks

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Vecima Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vecima Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vecima Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOSumit Kumar
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Vecima Networks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Vecima Networks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vecima Networks' financial leverage. It provides some insight into what part of Vecima Networks' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Vecima Networks' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Vecima Networks deploys its capital and how much of that capital is borrowed.
Liquidity
Vecima Networks cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 22.77 M in total debt with debt to equity ratio (D/E) of 1.1, which is about average as compared to similar companies. Vecima Networks has a current ratio of 4.99, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Vecima Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Vecima Networks' 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 Vecima Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vecima to invest in growth at high rates of return. When we think about Vecima Networks' use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(31.94 Million)
Vecima Networks (VCM) is traded on Toronto Exchange in Canada and employs 585 people. Vecima Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 536.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vecima Networks's market, we take the total number of its shares issued and multiply it by Vecima Networks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Vecima Networks operates under Communications Equipment sector and is part of Information Technology industry. The entity has 24.31 M outstanding shares of which 2.87 K shares are at this time shorted by private and institutional investors with about 1.94 days to cover all short positions. Vecima Networks has accumulated about 0 in cash with (11.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.11.
Check Vecima Networks Probability Of Bankruptcy
Ownership Allocation
Vecima Networks shows a total of 24.31 Million outstanding shares. Vecima Networks maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Vecima Ownership Details

Vecima Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Vecima Networks jumping above the current price in 90 days from now is about 14.08%. The Vecima Networks probability density function shows the probability of Vecima Networks stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Vecima Networks has a beta of 0.2943. This entails as returns on the market go up, Vecima Networks average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Vecima Networks will be expected to be much smaller as well. Additionally, vecima Networks has an alpha of 0.335, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.21HorizonTargetOdds Above 21.21
85.85%90 days
 21.21 
14.08%
Based on a normal probability distribution, the odds of Vecima Networks to move above the current price in 90 days from now is about 14.08 (This Vecima Networks probability density function shows the probability of Vecima Stock to fall within a particular range of prices over 90 days) .

Vecima Networks Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vecima Networks market risk premium is the additional return an investor will receive from holding Vecima Networks long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Vecima Networks. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Vecima Networks' alpha and beta are two of the key measurements used to evaluate Vecima Networks' performance over the market, the standard measures of volatility play an important role as well.

Vecima Stock Against Markets

Picking the right benchmark for Vecima Networks stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Vecima Networks stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Vecima Networks is critical whether you are bullish or bearish towards Vecima Networks at a given time. Please also check how Vecima Networks' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vecima Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Vecima Networks Corporate Directors

Vecima Networks corporate directors refer to members of a Vecima Networks board of directors. The board of directors generally takes responsibility for the Vecima Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Vecima Networks' board members must vote for the resolution. The Vecima Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
T ElliottIndependent DirectorProfile
Hugh WoodDirectorProfile
Kent ElliottIndependent DirectorProfile
Vincent GallantIndependent DirectorProfile

How to buy Vecima Stock?

Before investing in Vecima Networks, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vecima Networks. To buy Vecima Networks stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vecima Networks. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Vecima Networks stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Vecima Networks stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Vecima Networks stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Vecima Networks, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Vecima Networks?

The danger of trading Vecima Networks is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vecima Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vecima Networks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vecima Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vecima Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Vecima Networks' price analysis, check to measure Vecima Networks' 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 Vecima Networks is operating at the current time. Most of Vecima Networks' value examination focuses on studying past and present price action to predict the probability of Vecima Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vecima Networks' price. Additionally, you may evaluate how the addition of Vecima Networks to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Vecima Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vecima Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vecima Networks' 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.