Volaris Stock Market Value
| VLRS Stock | USD 8.68 0.20 2.36% |
| Symbol | Volaris |
Volaris Price To Book Ratio
Is Volaris' 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 Volaris. If investors know Volaris 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 Volaris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 0.07 | Revenue Per Share 28.6 | Quarterly Revenue Growth 0.05 | Return On Assets 0.0445 |
The market value of Volaris is measured differently than its book value, which is the value of Volaris that is recorded on the company's balance sheet. Investors also form their own opinion of Volaris' value that differs from its market value or its book value, called intrinsic value, which is Volaris' 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 Volaris' market value can be influenced by many factors that don't directly affect Volaris' 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 Volaris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Volaris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volaris' 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.
Volaris '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 Volaris' 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 Volaris.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Volaris on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Volaris or generate 0.0% return on investment in Volaris over 30 days. Volaris is related to or competes with Allegiant Travel, Azul SA, Alaska Air, International Consolidated, Sun Country, Frontier Group, and Mesa Air. Controladora Vuela Compaa de Aviacin, S.A.B More
Volaris 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 Volaris' 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 Volaris upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.0097 | |||
| Maximum Drawdown | 12.57 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 4.53 |
Volaris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volaris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volaris' standard deviation. In reality, there are many statistical measures that can use Volaris historical prices to predict the future Volaris' volatility.| Risk Adjusted Performance | 0.0354 | |||
| Jensen Alpha | 0.085 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0092 | |||
| Treynor Ratio | 0.354 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Volaris' 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.
Volaris Backtested Returns
We consider Volaris somewhat reliable. Volaris owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0333, which indicates the firm had a 0.0333% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Volaris, which you can use to evaluate the volatility of the company. Please validate Volaris' Coefficient Of Variation of 2256.37, semi deviation of 2.73, and Risk Adjusted Performance of 0.0354 to confirm if the risk estimate we provide is consistent with the expected return of 0.0922%. Volaris has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Volaris' returns are expected to increase less than the market. However, during the bear market, the loss of holding Volaris is expected to be smaller as well. Volaris right now has a risk of 2.77%. Please validate Volaris value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Volaris will be following its existing price patterns.
Auto-correlation | 0.46 |
Average predictability
Volaris has average predictability. Overlapping area represents the amount of predictability between Volaris time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Volaris price movement. The serial correlation of 0.46 indicates that about 46.0% of current Volaris price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Volaris lagged returns against current returns
Autocorrelation, which is Volaris 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 Volaris' stock expected returns. We can calculate the autocorrelation of Volaris returns to help us make a trade decision. For example, suppose you find that Volaris 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Volaris 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 Volaris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volaris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volaris stock over time.
Current vs Lagged Prices |
| Timeline |
Volaris Lagged Returns
When evaluating Volaris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volaris stock have on its future price. Volaris 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, Volaris autocorrelation shows the relationship between Volaris stock current value and its past values and can show if there is a momentum factor associated with investing in Volaris.
Regressed Prices |
| 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 Volaris 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, Volaris' short interest history, or implied volatility extrapolated from Volaris 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.When determining whether Volaris is a strong investment it is important to analyze Volaris' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Volaris' future performance. For an informed investment choice regarding Volaris Stock, refer to the following important reports:Check out Volaris Correlation, Volaris Volatility and Volaris Alpha and Beta module to complement your research on Volaris. For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Volaris Stock analysis
When running Volaris' price analysis, check to measure Volaris' 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 Volaris is operating at the current time. Most of Volaris' value examination focuses on studying past and present price action to predict the probability of Volaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volaris' price. Additionally, you may evaluate how the addition of Volaris to your portfolios can decrease your overall portfolio volatility.
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Volaris 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.