Veritiv Backtesting

VRTV -- USA Stock  

USD 38.90  0.85  2.14%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Veritiv Corporation and determine expected loss or profit from investing in Veritiv over given investment horizon. Also please take a look at Veritiv Hype Analysis, Veritiv Correlation, Veritiv Valuation, Veritiv Volatility as well as analyze Veritiv Alpha and Beta and Veritiv Performance.
 Time Horizon     30 Days    Login   to change

Veritiv 'What if' Analysis

May 22, 2018
No Change 0.00  0.0%
In 31 days
June 21, 2018
If you would invest  0.00  in Veritiv on May 22, 2018 and sell it all today you would earn a total of 0.00 from holding Veritiv Corporation or generate 0.0% return on investment in Veritiv over 30 days. Veritiv is related to or competes with Adams Resources, Ingram Micro, Reliance Steel, DXP Enterprises, VOXX International, Educational Development, and Wesco Aircraft. Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishi...

Veritiv Upside/Downside Indicators

Downside Deviation1.36
Information Ratio0.4734
Maximum Drawdown5.71
Value At Risk1.52
Potential Upside3.55

Veritiv Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.5904

Veritiv Backtested Returns

Macroaxis considers Veritiv not too risky given 1 month investment horizon. Veritiv owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.451 which indicates Veritiv had 0.451% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By inspecting Veritiv technical indicators you can presently evaluate if the expected return of 0.767% is justified by implied risk. Please operate Veritiv Semi Deviation of 0.1252, Coefficient Of Variation of 211.25 and Risk Adjusted Performance of 0.01 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Veritiv holds performance score of 29. The entity has beta of 0.0 which indicates the returns on MARKET and Veritiv are completely uncorrelated. Although it is vital to follow to Veritiv current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Veritiv Corporation which you can use to evaluate performance of the company. Please operates Veritiv Value At Risk, Kurtosis, Market Facilitation Index, as well as the relationship between Semi Variance and Rate Of Daily Change to make a quick decision on weather Veritiv existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.72 

Good predictability

Veritiv Corporation has good predictability. Overlapping area represents the amount of predictability between Veritiv time series from May 22, 2018 to June 6, 2018 and June 6, 2018 to June 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Veritiv price movement. The serial correlation of 0.72 indicates that around 72.0% of current Veritiv price fluctuation can be explain by its past prices.
Correlation Coefficient 0.72
Spearman Rank Test 0.84
Price Variance 2.53
Lagged Price Variance 0.52

Veritiv lagged returns against current returns

 Current and Lagged Values 

Veritiv regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Veritiv Lagged Returns

 Regressed Prices 

Current Sentiment - VRTV

Veritiv Investor Sentiment
Macroaxis portfolio users are unemotional in their outlook on investing in Veritiv Corporation. What is your outlook on investing in Veritiv Corporation? Are you bullish or bearish?
50% Bullish
50% Bearish
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Also please take a look at Veritiv Hype Analysis, Veritiv Correlation, Veritiv Valuation, Veritiv Volatility as well as analyze Veritiv Alpha and Beta and Veritiv Performance. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.