Velodyne Stock Price Transform Average Price Breakdown

VLDR
 Stock
  

USD 1.02  0.05  4.67%   

Velodyne Lidar price transform tool provides the execution environment for running the Average Price transformation and other technical functions against Velodyne Lidar. Velodyne Lidar value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. Velodyne Lidar price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Velodyne Lidar Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
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Velodyne Lidar Technical Analysis Modules

Most technical analysis of Velodyne Lidar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Velodyne from various momentum indicators to cycle indicators. When you analyze Velodyne charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Velodyne Lidar Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Velodyne Lidar. We use our internally-developed statistical techniques to arrive at the intrinsic value of Velodyne Lidar based on widely used predictive technical indicators. In general, we focus on analyzing Velodyne Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Velodyne Lidar's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Velodyne Lidar's intrinsic value. In addition to deriving basic predictive indicators for Velodyne Lidar, we also check how macroeconomic factors affect Velodyne Lidar price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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
0.051.026.60
Details
Intrinsic
Valuation
LowReal ValueHigh
0.040.866.44
Details
Naive
Forecast
LowNext ValueHigh
0.0207791.046.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.820.971.13
Details
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.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Velodyne Lidar pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Velodyne Lidar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Velodyne Lidar will appreciate offsetting losses from the drop in the long position's value.

Velodyne Lidar Pair Trading

Velodyne Lidar Pair Trading Analysis

The ability to find closely correlated positions to Velodyne Lidar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Velodyne Lidar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Velodyne Lidar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Velodyne Lidar to buy it.
The correlation of Velodyne Lidar is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Velodyne Lidar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velodyne Lidar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Velodyne Lidar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Also, please take a look at World Market Map. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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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.
Market Capitalization
233.9 M
Quarterly Revenue Growth YOY
(0.26) 
Return On Assets
(0.32) 
Return On Equity
(0.64) 
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.