Veltex Stock Today

VLXC Stock  USD 0.16  0.04  20.00%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Over 68

 
100  
 
Zero
Quite High
Veltex is trading at 0.16 as of the 28th of March 2024, a -20% down since the beginning of the trading day. The stock's open price was 0.2. Veltex has more than 68 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Veltex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. The company was founded in 1987 and is headquartered in Chicago, Illinois. VELTEX CORP operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange.. The company has 79.48 M outstanding shares. More on Veltex

Moving against Veltex OTC Stock

  0.48GEN Gen Digital Financial Report 9th of May 2024 PairCorr
  0.43JDHIF JD Health InternationalPairCorr
Follow Valuation Odds of Bankruptcy
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Veltex OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Veltex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Veltex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMedical Care Facilities, Healthcare (View all Sectors)
Veltex [VLXC] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veltex's market, we take the total number of its shares issued and multiply it by Veltex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Veltex conducts business under Healthcare sector and is part of Medical Care Facilities industry. The entity has 79.48 M outstanding shares. Veltex currently holds about 1.01 M in cash with (126.92 K) of positive cash flow from operations.
Check Veltex Probability Of Bankruptcy

Veltex Stock Price Odds Analysis

What are Veltex's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Veltex jumping above the current price in 90 days from now is about 79.67%. The Veltex probability density function shows the probability of Veltex otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the otc stock has a beta coefficient of 2.1116. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Veltex will likely underperform. Additionally, veltex has an alpha of 0.5885, implying that it can generate a 0.59 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.16HorizonTargetOdds Above 0.16
20.25%90 days
 0.16 
79.67%
Based on a normal probability distribution, the odds of Veltex to move above the current price in 90 days from now is about 79.67 (This Veltex probability density function shows the probability of Veltex OTC Stock to fall within a particular range of prices over 90 days) .

Veltex Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Veltex market risk premium is the additional return an investor will receive from holding Veltex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Veltex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Veltex's alpha and beta are two of the key measurements used to evaluate Veltex's performance over the market, the standard measures of volatility play an important role as well.

Veltex Stock Against Markets

Picking the right benchmark for Veltex otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Veltex otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Veltex is critical whether you are bullish or bearish towards Veltex at a given time. Please also check how Veltex's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Veltex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Veltex OTC Stock?

Before investing in Veltex, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Veltex. To buy Veltex stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Veltex. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Veltex stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Veltex stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Veltex stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Veltex, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Veltex?

The danger of trading Veltex is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Veltex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Veltex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Veltex is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veltex. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Veltex's price analysis, check to measure Veltex'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 Veltex is operating at the current time. Most of Veltex's value examination focuses on studying past and present price action to predict the probability of Veltex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veltex's price. Additionally, you may evaluate how the addition of Veltex to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Veltex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veltex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veltex'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.