Vroom Inc Stock Price on April 4, 2024
| VRM Stock | USD 10.60 0.14 1.30% |
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 10.60, as last reported on the 23rd of May, with the highest price reaching 11.42 and the lowest price hitting 10.50 during the day. Vroom appears to be unstable, given 3 months investment horizon. Vroom Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0552, which indicates the firm had a 0.0552% return per unit of risk over the last 3 months. By inspecting Vroom's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please review Vroom's Risk Adjusted Performance of 0.0422, semi deviation of 6.59, and Coefficient Of Variation of 1811.84 to confirm if our risk estimates are consistent with your expectations.
Vroom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vroom |
Sharpe Ratio = 0.0552
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VRM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.8 actual daily | 95 95% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Vroom is performing at about 4% 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.
Vroom Valuation on April 4, 2024
It is possible to determine the worth of Vroom on a given historical date. On April 4, 2024 Vroom was worth 11.62 at the beginning of the trading date compared to the closed value of 11.46. 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 | |
| 12.26 | 12.45 | 11.15 | 11.40 | 55,395 | |
04/04/2024 | 11.62 | 12.25 | 11.27 | 11.46 | 49,204 |
| 11.38 | 12.43 | 11.33 | 12.11 | 43,679 |
| Backtest Vroom | | | Vroom History | | | Vroom Valuation | Previous | Next |
Vroom Trading Date Momentum on April 4, 2024
| On April 05 2024 Vroom Inc was traded for 12.11 at the closing time. Highest Vroom's price during the trading hours was 12.43 and the lowest price during the day was 11.33 . The net volume was 43.7 K. The overall trading history on the 5th of April contributed to the next trading period price boost. The trading price change to the next next day price was 5.67% . The trading price change to current price is 4.71% . |
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
Vroom, Inc. operates as an e-commerce used automotive retailer in the United States. The company was incorporated in 2012 and is headquartered in New York, New York. Vroom operates under Auto Truck Dealerships classification in the United States and is traded on NASDAQ Exchange. It employs 1807 people.
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 | April 4, 2024
| High |
11.62 | 11.46 |
Vroom May 23, 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 | 3936.32 | |||
| Daily Balance Of Power | (0.16) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.76 | |||
| Day Typical Price | 11.66 | |||
| Price Action Indicator | (0.38) | |||
| Period Momentum Indicator | (0.86) | |||
| Relative Strength Index | 46.1 |
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 | 0.0422 | |||
| Jensen Alpha | 0.4036 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0768 | |||
| Treynor Ratio | 0.1511 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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 various price indices. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.
| CEOs Directory Screen CEOs from public companies around the world | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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.
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.