Veritiv Backtesting

Veritiv Corporation -- USA Stock  

USD 32  0.25  0.78%

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
Investment Horizon     30 Days    Login   to change
SymbolX
Backtest

Veritiv 'What if' Analysis

September 20, 2017
 0.00 
No Change 0.00  0.0%
In 30 days
October 20, 2017
 0.00 
If you would invest  0.00  in Veritiv on September 20, 2017 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, Reliance Steel, DXP Enterprises, VOXX International, and . Veritiv Corporation operates through four segments Print Publishing Packaging and Facility Solutions

Veritiv Upside/Downside Indicators

  

Veritiv Market Premium Indicators

Veritiv lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Veritiv regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Veritiv Backtested Returns

We consider Veritiv not too risky. Veritiv owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0878 which indicates Veritiv had 0.0878% 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. We have found twenty-one technical indicators for Veritiv Corporation which you can use to evaluate future volatility of the company. Please validate Veritiv Semi Deviation of 1.14, Coefficient Of Variation of 1114.49 and Risk Adjusted Performance of 0.029 to confirm if risk estimate we provide are consistent with the epected return of 0.1271%. Veritiv has performance score of 5 on a scale of 0 to 100. The entity has beta of -2.89 which indicates as returns on market increase, returns on owning Veritiv are expected to decrease by larger amounts. On the other hand, during market turmoil, Veritiv is expected to significantly outperform it.. Although it is extremely important to respect Veritiv current price movements, it is better to be realistic regarding the information on 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. By inspecting Veritiv technical indicators you can presently evaluate if the expected return of 0.1271% will be sustainable into the future. Veritiv right now has a risk of 1.4473%. Please validate Veritiv Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Veritiv will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.37) 

Poor reverse predictability

Veritiv Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between Veritiv time series from September 20, 2017 to October 5, 2017 and October 5, 2017 to October 20, 2017. 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 -0.37 indicates that just about 37.0% of current Veritiv price fluctuation can be explain by its past prices. Given that Veritiv Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Veritiv for similar time interval.
Correlation Coefficient -0.37
Spearman Rank Test -0.52
Price Variance 0.07
Lagged Price Variance 0.74

Veritiv Lagged Returns

 Regressed Prices 
      Timeline 

Veritiv Performance vs DOW

The median price of Veritiv for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 32.35 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 0.67, arithmetic mean of 32.28, and mean deviation of 0.5. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Looking at the Indicators for Veritiv Corp10/19/2017