Volcon Inc Stock Beta
| VLCN Stock | USD 0.24 0.01 4.00% |
Volcon Inc fundamentals help investors to digest information that contributes to Volcon's financial success or failures. It also enables traders to predict the movement of Volcon Stock. The fundamental analysis module provides a way to measure Volcon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Volcon stock.
Volcon | Beta |
Volcon Inc Company Beta Analysis
Volcon's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Volcon Beta | -0.97 |
Most of Volcon's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Volcon Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Volcon Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Volcon is extremely important. It helps to project a fair market value of Volcon Stock properly, considering its historical fundamentals such as Beta. Since Volcon's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Volcon's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Volcon's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Volcon Inc has a Beta of -0.968. This is 215.24% lower than that of the Automobile Components sector and 215.24% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably higher than that of the company.
Volcon Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Volcon's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Volcon could also be used in its relative valuation, which is a method of valuing Volcon by comparing valuation metrics of similar companies.Volcon is currently under evaluation in beta category among related companies.
Volcon Institutional Holders
Institutional Holdings refers to the ownership stake in Volcon that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Volcon's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Volcon's value.| Shares | Hanson Mcclain Inc | 2023-12-31 | 1.0 | Jane Street Group, Llc | 2023-09-30 | 0.0 | Warberg Asset Management Llc | 2023-09-30 | 0.0 | Austin Private Wealth, Llc | 2024-03-31 | 0.0 |
As the market becomes more bullish, returns on owning Volcon are expected to decrease slowly. On the other hand, during market turmoil, Volcon is expected to outperform it slightly.
Volcon Fundamentals
| Return On Equity | -5.59 | |||
| Return On Asset | -0.83 | |||
| Operating Margin | (9.12) % | |||
| Current Valuation | 27.86 M | |||
| Shares Outstanding | 20.65 M | |||
| Shares Owned By Insiders | 0.15 % | |||
| Shares Owned By Institutions | 0.10 % | |||
| Number Of Shares Shorted | 544.79 K | |||
| Price To Book | 64.34 X | |||
| Price To Sales | 1.56 X | |||
| Revenue | 3.26 M | |||
| Gross Profit | (8.7 M) | |||
| EBITDA | (29.17 M) | |||
| Net Income | (45.07 M) | |||
| Cash And Equivalents | 4.72 M | |||
| Cash Per Share | 0.19 X | |||
| Total Debt | 31.41 M | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 2.57 X | |||
| Book Value Per Share | (19.06) X | |||
| Cash Flow From Operations | (29.57 M) | |||
| Short Ratio | 0.20 X | |||
| Earnings Per Share | (234.37) X | |||
| Target Price | 675.0 | |||
| Number Of Employees | 35 | |||
| Beta | -0.97 | |||
| Market Capitalization | 4.89 M | |||
| Total Asset | 22.13 M | |||
| Retained Earnings | (120.81 M) | |||
| Working Capital | (21.38 M) | |||
| Net Asset | 22.13 M |
About Volcon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Volcon Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Volcon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Volcon Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.When determining whether Volcon Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Volcon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Volcon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Volcon Inc Stock:Check out Volcon Piotroski F Score and Volcon Altman Z Score analysis. Note that the Volcon Inc information on this page should be used as a complementary analysis to other Volcon'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 the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Volcon Stock analysis
When running Volcon's price analysis, check to measure Volcon'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 Volcon is operating at the current time. Most of Volcon's value examination focuses on studying past and present price action to predict the probability of Volcon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volcon's price. Additionally, you may evaluate how the addition of Volcon to your portfolios can decrease your overall portfolio volatility.
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Is Volcon'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 Volcon. If investors know Volcon 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 Volcon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (234.37) | Revenue Per Share 16.957 | Quarterly Revenue Growth 0.442 | Return On Assets (0.83) | Return On Equity (5.59) |
The market value of Volcon Inc is measured differently than its book value, which is the value of Volcon that is recorded on the company's balance sheet. Investors also form their own opinion of Volcon's value that differs from its market value or its book value, called intrinsic value, which is Volcon'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 Volcon's market value can be influenced by many factors that don't directly affect Volcon'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 Volcon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volcon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volcon'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.