Vroom Inc Stock Price on February 28, 2024
| VRM Stock | USD 10.56 0.01 0.09% |
If you're considering investing in Vroom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vroom stands at 10.56, as last reported on the 3rd of June, with the highest price reaching 10.91 and the lowest price hitting 10.56 during the day. Vroom appears to be very risky, given 3 months investment horizon. Vroom Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0355, which indicates the firm had a 0.0355% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vroom Inc, which you can use to evaluate the volatility of the company. Please review Vroom's Semi Deviation of 6.59, coefficient of variation of 4617.9, and Risk Adjusted Performance of 0.0229 to confirm if our risk estimates are consistent with your expectations.
At this time, Vroom's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 3rd of June 2024, Sale Purchase Of Stock is likely to grow to about 7 M, while Common Stock Total Equity is likely to drop about 90.2 K. . As of the 3rd of June 2024, Price To Sales Ratio is likely to drop to 0.09. In addition to that, Price Earnings Ratio is likely to drop to -0.24. Vroom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vroom |
Sharpe Ratio = 0.0355
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Estimated Market Risk
| 9.68 actual daily | 85 85% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Vroom is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vroom by adding it to a well-diversified portfolio.
Price Book 0.1722 | Enterprise Value Ebitda (4.04) | Price Sales 0.0238 | Shares Float 1.7 M | Wall Street Target Price 80 |
Vroom Valuation on February 28, 2024
It is possible to determine the worth of Vroom on a given historical date. On February 28, 2024 Vroom was worth 12.51 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vroom stock. Still, in general, we apply an absolute valuation method to find Vroom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Vroom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vroom's related companies.
| Open | High | Low | Close | Volume | |
| 13.87 | 14.67 | 12.00 | 12.78 | 227,658 | |
02/28/2024 | 12.51 | 13.05 | 11.82 | 11.96 | 63,545 |
| 12.01 | 12.31 | 11.68 | 11.70 | 28,714 |
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Vroom Trading Date Momentum on February 28, 2024
| On February 29 2024 Vroom Inc was traded for 11.70 at the closing time. Highest Vroom's price during the trading hours was 12.31 and the lowest price during the day was 11.68 . The net volume was 28.7 K. The overall trading history on the 29th of February contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.17% . The trading price change to current price is 6.94% . |
Vroom Inc Fundamentals Correlations and Trends
By evaluating Vroom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vroom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vroom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vroom Stock history
Vroom investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Vroom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vroom Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Vroom stock prices may prove useful in developing a viable investing in Vroom
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 M | 1.2 M | |
| Net Loss | -406.7 M | -427.1 M |
Vroom Quarterly Net Working Capital |
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Vroom Stock Technical Analysis
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.
Price Boundaries
Vroom Period Price Range
Low | February 28, 2024
| High |
12.51 | 11.96 |
Vroom June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Vroom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vroom shares will generate the highest return on investment. By undertsting and applying Vroom stock market strength indicators, traders can identify Vroom Inc entry and exit signals to maximize returns
| Accumulation Distribution | 5989.3 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 12.44 | |||
| Day Typical Price | 12.28 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (1.40) |
Vroom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vroom's price direction in advance. Along with the technical and fundamental analysis of Vroom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vroom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0229 | |||
| Jensen Alpha | 0.0624 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | 0.0516 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vroom Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Vroom Stock analysis
When running Vroom's 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 the 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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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.
Earnings Share (225.67) | Revenue Per Share 509.531 | Quarterly Revenue Growth 0.064 | Return On Assets (0.1) | Return On Equity (1.70) |
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 if Vroom is a good investment 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.