Vroom Stock Market Value

VRM
 Stock
  

USD 1.24  0.02  1.59%   

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


Is Vroom'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 Vroom. If investors know Vroom 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 Vroom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
171.3 M
Quarterly Revenue Growth YOY
(0.62) 
Return On Assets
(0.12) 
Return On Equity
(0.82) 
The market value of Vroom Inc is measured differently than its book value, which is the value of Vroom that is recorded on the company's balance sheet. Investors also form their own opinion of Vroom's value that differs from its market value or its book value, called intrinsic value, which is Vroom'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 Vroom's market value can be influenced by many factors that don't directly affect Vroom'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 Vroom's value and its price as these two are different measures arrived at by different means. Investors typically determine Vroom value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vroom'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.

Vroom '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 Vroom'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 Vroom.
0.00
10/29/2022
No Change 0.00  0.0 
In 30 days
11/28/2022
0.00
If you would invest  0.00  in Vroom on October 29, 2022 and sell it all today you would earn a total of 0.00 from holding Vroom Inc or generate 0.0% return on investment in Vroom over 30 days. Vroom is related to or competes with Zhongsheng Group, Zhongsheng Group, CarMax, D Ieteren, Penske Automotive, Lithia Motors, and Autonation. Vroom, Inc. operates as an e-commerce used automotive retailer in the United States More

Vroom 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 Vroom'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 Vroom Inc upside and downside potential and time the market with a certain degree of confidence.

Vroom Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vroom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vroom's standard deviation. In reality, there are many statistical measures that can use Vroom historical prices to predict the future Vroom's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Vroom'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 Vroom in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.061.207.06
Details
Intrinsic
Valuation
LowReal ValueHigh
0.051.096.95
Details
Naive
Forecast
LowNext ValueHigh
0.0278141.397.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.991.171.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vroom. Your research has to be compared to or analyzed against Vroom's peers to derive any actionable benefits. When done correctly, Vroom'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 Vroom Inc.

Vroom Inc Backtested Returns

Vroom Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0527, which indicates the firm had -0.0527% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Vroom Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Vroom coefficient of variation of (1,395), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
The entity has a beta of 1.8638, which indicates a somewhat significant risk relative to the market. Let's try to break down what Vroom'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, Vroom will likely underperform. Even though it is essential to pay attention to Vroom Inc current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Vroom Inc exposes twenty-one different technical indicators, which can help you to evaluate its performance. Vroom Inc has an expected return of -0.31%. Please be advised to validate Vroom variance and potential upside to decide if Vroom Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.53  

Good reverse predictability

Vroom Inc has good reverse predictability. Overlapping area represents the amount of predictability between Vroom time series from 29th of October 2022 to 13th of November 2022 and 13th of November 2022 to 28th of November 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 Vroom Inc price movement. The serial correlation of -0.53 indicates that about 53.0% of current Vroom price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.01

Vroom Inc lagged returns against current returns

Autocorrelation, which is Vroom 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 Vroom's stock expected returns. We can calculate the autocorrelation of Vroom returns to help us make a trade decision. For example, suppose you find that Vroom 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   
Share
       Timeline  

Vroom 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 Vroom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vroom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vroom stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Vroom Lagged Returns

When evaluating Vroom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vroom stock have on its future price. Vroom 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, Vroom autocorrelation shows the relationship between Vroom stock current value and its past values and can show if there is a momentum factor associated with investing in Vroom Inc.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vroom 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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Portfolio Volatility

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Also, please take a look at Vroom Correlation, Vroom Volatility and Vroom Alpha and Beta module to complement your research on Vroom. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Vroom Inc price analysis, check to measure Vroom'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 Vroom is operating at the current time. Most of Vroom's value examination focuses on studying past and present price action to predict the probability of Vroom's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Vroom's price. Additionally, you may evaluate how the addition of Vroom to your portfolios can decrease your overall portfolio volatility.
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Vroom 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 Vroom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vroom 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...