Velodyne Stock Market Value

VLDR
 Stock
  

USD 1.01  0.01  0.98%   

Velodyne Lidar's market value is the price at which a share of Velodyne Lidar stock trades on a public exchange. It measures the collective expectations of Velodyne Lidar investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Velodyne Lidar and determine expected loss or profit from investing in Velodyne Lidar over a given investment horizon. Also, please take a look at Velodyne Lidar Correlation, Velodyne Lidar Volatility and Velodyne Lidar Alpha and Beta module to complement your research on Velodyne Lidar.
Symbol


Is Velodyne Lidar'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 Velodyne Lidar. If investors know Velodyne 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 Velodyne Lidar 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 Velodyne Lidar is measured differently than its book value, which is the value of Velodyne that is recorded on the company's balance sheet. Investors also form their own opinion of Velodyne Lidar's value that differs from its market value or its book value, called intrinsic value, which is Velodyne Lidar'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 Velodyne Lidar's market value can be influenced by many factors that don't directly affect Velodyne Lidar'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 Velodyne Lidar's value and its price as these two are different measures arrived at by different means. Investors typically determine Velodyne Lidar value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velodyne Lidar'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.

Velodyne Lidar 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Velodyne Lidar's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Velodyne Lidar.
0.00
10/16/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/06/2022
0.00
If you would invest  0.00  in Velodyne Lidar on October 16, 2020 and sell it all today you would earn a total of 0.00 from holding Velodyne Lidar or generate 0.0% return on investment in Velodyne Lidar over 720 days. Velodyne Lidar is related to or competes with Amazon. Velodyne Lidar, Inc. provides real-time 3D vision for autonomous systems worldwide More

Velodyne Lidar Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Velodyne Lidar's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Velodyne Lidar upside and downside potential and time the market with a certain degree of confidence.

Velodyne Lidar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Velodyne Lidar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Velodyne Lidar's standard deviation. In reality, there are many statistical measures that can use Velodyne Lidar historical prices to predict the future Velodyne Lidar's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Velodyne Lidar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Velodyne Lidar in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.008.55
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Intrinsic
Valuation
LowReal ValueHigh
0.040.818.36
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Velodyne Lidar. Your research has to be compared to or analyzed against Velodyne Lidar's peers to derive any actionable benefits. When done correctly, Velodyne Lidar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Velodyne Lidar.

Velodyne Lidar Backtested Returns

We consider Velodyne Lidar out of control. Velodyne Lidar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.024, which indicates the firm had 0.024% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Velodyne Lidar, which you can use to evaluate the future volatility of the company. Please validate Velodyne Lidar Semi Deviation of 5.94, coefficient of variation of 3138.92, and Risk Adjusted Performance of 0.0475 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Velodyne Lidar has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 3.0479, which indicates a somewhat significant risk relative to the market. Let's try to break down what Velodyne'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, Velodyne Lidar will likely underperform. Although it is important to respect Velodyne Lidar current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Velodyne Lidar technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future. Velodyne Lidar right now has a risk of 7.49%. Please validate Velodyne Lidar maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Velodyne Lidar will be following its existing price patterns.

Auto-correlation

    
  0.68  

Good predictability

Velodyne Lidar has good predictability. Overlapping area represents the amount of predictability between Velodyne Lidar time series from 16th of October 2020 to 11th of October 2021 and 11th of October 2021 to 6th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Velodyne Lidar price movement. The serial correlation of 0.68 indicates that around 68.0% of current Velodyne Lidar price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.82
Residual Average0.0
Price Variance3.56

Velodyne Lidar lagged returns against current returns

Autocorrelation, which is Velodyne Lidar stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Velodyne Lidar's stock expected returns. We can calculate the autocorrelation of Velodyne Lidar returns to help us make a trade decision. For example, suppose you find that Velodyne Lidar stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Velodyne Lidar regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Velodyne Lidar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Velodyne Lidar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Velodyne Lidar stock over time.
   Current vs Lagged Prices   
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       Timeline  

Velodyne Lidar Lagged Returns

When evaluating Velodyne Lidar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Velodyne Lidar stock have on its future price. Velodyne Lidar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Velodyne Lidar autocorrelation shows the relationship between Velodyne Lidar stock current value and its past values and can show if there is a momentum factor associated with investing in Velodyne Lidar.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Velodyne Lidar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Velodyne Lidar's short interest history, or implied volatility extrapolated from Velodyne Lidar options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Also, please take a look at Velodyne Lidar Correlation, Velodyne Lidar Volatility and Velodyne Lidar Alpha and Beta module to complement your research on Velodyne Lidar. Note that the Velodyne Lidar information on this page should be used as a complementary analysis to other Velodyne Lidar'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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Velodyne Stock analysis

When running Velodyne Lidar price analysis, check to measure Velodyne Lidar'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 Velodyne Lidar is operating at the current time. Most of Velodyne Lidar's value examination focuses on studying past and present price action to predict the probability of Velodyne Lidar's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Velodyne Lidar's price. Additionally, you may evaluate how the addition of Velodyne Lidar to your portfolios can decrease your overall portfolio volatility.
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Velodyne Lidar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Velodyne Lidar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Velodyne Lidar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...