|Veritiv Corporation -- USA Stock|| |
USD 32.3 0.55 1.67%
Veritiv has performance score of 5 on a scale of 0 to 100. The entity has beta of 2.0488 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Veritiv will likely underperform.. 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 0.1472% will be sustainable into the future. Veritiv
right now has a risk of 1.6373%. Please validate Veritiv Value At Risk
, Market Facilitation Index
, as well as the relationship
between Semi Variance
and Rate Of Daily Change
to decide if Veritiv will be following its existing price patterns
Relative Risk vs. Return Landscape
If you would invest 3,145
in Veritiv Corporation on September 23, 2017
and sell it today you would earn a total of 90
from holding Veritiv Corporation or generate 2.86%
return on investment over 30
days. Veritiv Corporation is currenly generating 0.1472% of daily expected returns and assumes 1.6373% risk (volatility on return distribution) over the 30 days horizon. In different words, 15% of equities are less volatile than Veritiv Corporation and 98% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Veritiv Corporation is expected to generate 1.47 times less return on investment than the market. In addition to that, the company is 6.36 times more volatile than its market benchmark. It trades about 0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.84 per unit of volatility.
Veritiv Daily Price Distribution
The median price of Veritiv for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 32.35 with a coefficient of variation of 1.95. The daily time series for the period is distributed with a sample standard deviation of 0.63, arithmetic mean of 32.35, and mean deviation of 0.47. The Stock did not receive any noticable media coverage during the period.