Vision Financial Statements From 2010 to 2026
| VMAR Stock | USD 0.21 0.01 5.00% |
Check Vision Marine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vision Marine's main balance sheet or income statement drivers, such as , as well as many indicators such as . Vision financial statements analysis is a perfect complement when working with Vision Marine Valuation or Volatility modules.
Check out the analysis of Vision Marine Correlation against competitors. Vision Marine Technologies Company Return On Equity Analysis
Vision Marine's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Vision Marine Return On Equity | -1.55 |
Most of Vision Marine's fundamental indicators, such as Return On Equity, 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, Vision Marine Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Vision Marine Technologies has a Return On Equity of -1.5526. This is 143.13% lower than that of the Leisure Products sector and 112.68% higher than that of the Consumer Discretionary industry. The return on equity for all United States stocks is notably higher than that of the company.
Vision Marine Techno Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vision Marine's current stock value. Our valuation model uses many indicators to compare Vision Marine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vision Marine competition to find correlations between indicators driving Vision Marine's intrinsic value. More Info.Vision Marine Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Vision Marine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Vision Marine Financial Statements
Vision Marine shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Vision Marine investors may analyze each financial statement separately, they are all interrelated. The changes in Vision Marine's assets and liabilities, for example, are also reflected in the revenues and expenses on on Vision Marine's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Vision Marine Technologies Inc. designs, develops, and manufactures electric outboard powertrain systems and electric boats in Canada, the United States, and internationally. Vision Marine Technologies Inc. operates as a subsidiary of West Island Brands Inc. Vision Marine is traded on NASDAQ Exchange in the United States.
Pair Trading with Vision Marine
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 Vision Marine 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 Vision Marine will appreciate offsetting losses from the drop in the long position's value.Moving against Vision Stock
| 0.64 | 002348 | Goldlok Toys Holdings | PairCorr |
| 0.64 | 605299 | Shuhua Sports | PairCorr |
| 0.6 | INFY | Infosys Ltd ADR Earnings Call Next Week | PairCorr |
| 0.56 | GAW | Games Workshop Group Earnings Call This Week | PairCorr |
| 0.55 | 002899 | Impulse Qingdao Health | PairCorr |
The ability to find closely correlated positions to Vision Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vision Marine 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 Vision Marine - 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 Vision Marine Technologies to buy it.
The correlation of Vision Marine is a statistical measure of how it moves in relation to other instruments. 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 Vision Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vision Marine Techno 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 Vision Marine 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.Additional Tools for Vision Stock Analysis
When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.