Velox Energy Materials Stock Today
| VLX Stock | 0.06 0.01 14.29% |
Performance8 of 100
| Odds Of DistressLess than 10
|
Velox Energy is selling for under 0.06 as of the 19th of May 2024; that is -14.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.06. Velox Energy has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Velox Energy Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of May 2024. Click here to learn more.
Category Basic Materials |
Velox Energy is entity of Canada. It is traded as Stock on V exchange. More on Velox Energy Materials
Moving together with Velox Stock
| 0.74 | TECK-B | Teck Resources | PairCorr |
| 0.66 | IVN | Ivanhoe Mines | PairCorr |
| 0.69 | FIL | Filo Mining Corp | PairCorr |
| 0.66 | CXB | Calibre Mining Corp | PairCorr |
| 0.61 | NGEX | NGEx Minerals | PairCorr |
| 0.61 | FOM | Foran Mining | PairCorr |
Moving against Velox Stock
| 0.69 | CDR | Condor Energies | PairCorr |
| 0.64 | STUD | Stallion Gold Corp | PairCorr |
Follow Valuation Odds of Bankruptcy
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Velox 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. Velox Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Velox Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Simon Coyle |
| Thematic Idea | Plastics (View all Themes) |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials, Plastics, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Velox Energy Materials (VLX) is traded on TSX Venture Exchange in Canada and employs 5 people. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry.
Check Velox Energy Probability Of Bankruptcy
Velox Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Velox Energy jumping above the current price in 90 days from now is about 44.07%. The Velox Energy Materials probability density function shows the probability of Velox Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Velox Energy Materials has a beta of -7.4825. This entails as returns on its benchmark rise, returns on holding Velox Energy Materials are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Velox Energy is expected to outperform its benchmark. Moreover, velox Energy Materials has an alpha of 1.698, implying that it can generate a 1.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Velox Energy to move above the current price in 90 days from now is about 44.07 (This Velox Energy Materials probability density function shows the probability of Velox Stock to fall within a particular range of prices over 90 days) .
Velox Energy Materials Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Velox Energy market risk premium is the additional return an investor will receive from holding Velox Energy 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 Velox Energy. 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 Velox Energy's alpha and beta are two of the key measurements used to evaluate Velox Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 6.72 | |||
| Semi Deviation | 8.12 | |||
| Standard Deviation | 12.55 | |||
| Variance | 157.5 |
Velox Stock Against Markets
Picking the right benchmark for Velox Energy 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 Velox Energy 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 Velox Energy is critical whether you are bullish or bearish towards Velox Energy Materials at a given time. Please also check how Velox Energy's 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 Velox Energy 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.Did you try this?
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| All Next | Launch Module |
How to buy Velox Stock?
Before investing in Velox Energy, 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 Velox Energy. To buy Velox Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Velox Energy. 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 Velox Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Velox Energy Materials 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 Velox Energy Materials 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 Velox Energy Materials, 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 Velox Energy Materials?
The danger of trading Velox Energy Materials 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 Velox Energy 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 Velox Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Velox Energy Materials 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 Velox Energy Materials. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Velox Stock analysis
When running Velox Energy's price analysis, check to measure Velox 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 Velox Energy is operating at the current time. Most of Velox Energy's value examination focuses on studying past and present price action to predict the probability of Velox 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 Velox Energy's price. Additionally, you may evaluate how the addition of Velox Energy to your portfolios can decrease your overall portfolio volatility.
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