Veritiv Backtesting

Veritiv Corporation -- USA Stock  

USD 24.85  0.25  1.02%

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
SymbolX
Backtest

Veritiv 'What if' Analysis

January 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 22, 2018
0.00
If you would invest  0.00  in Veritiv on January 23, 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, Reliance Steel, DXP Enterprises, VOXX International, and . Veritiv Corporation operates as a business-to-business distributor of print, publishing, packaging, and facility solutio...

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

Macroaxis considers Veritiv to be not too volatile. Veritiv owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1746 which indicates Veritiv had -0.1746% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Veritiv Corporation exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Veritiv Coefficient Of Variation of 550.12 and Risk Adjusted Performance of 0.31 to confirm risk estimate we provide. Macroaxis gives Veritiv performance score of 0 on a scale of 0 to 100. The entity has beta of 0.716 which indicates as returns on market increase, Veritiv returns are expected to increase less than the market. However during bear market, the loss on holding Veritiv will be expected to be smaller as well.. Even though it is essential to pay attention to Veritiv current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Veritiv Corporation exposes twenty-eight different technical indicators which can help you to evaluate its performance. Veritiv has expected return of -0.5272%. Please be advised to validate Veritiv Value At Risk, Kurtosis, Market Facilitation Index, as well as the relationship between Semi Variance and Rate Of Daily Change to decide if Veritiv past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 

Good reverse predictability

Veritiv Corporation has good reverse predictability. Overlapping area represents the amount of predictability between Veritiv time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 22, 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 -0.52 indicates that about 52.0% 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 -0.52
Spearman Rank Test -0.06
Price Variance 0.64
Lagged Price Variance 2.24

Veritiv Lagged Returns

 Regressed Prices 
      Timeline 

Veritiv Performance vs DOW

The median price of Veritiv for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 25.5 with a coefficient of variation of 9.29. The daily time series for the period is distributed with a sample standard deviation of 2.4, arithmetic mean of 25.81, and mean deviation of 2.23. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
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