Veritiv Technical Analysis

Veritiv Corporation -- USA Stock  

USD 28.75  0.4  1.41%

Veritiv Corporation has Semi Deviation of 2.04, Coefficient Of Variation of 37774.62 and Risk Adjusted Performance of 0.0091. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Veritiv as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Veritiv Corporation which can be compared to its competition. Please validate Veritiv Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Veritiv is priced more or less accurately providing market reflects its prevalent price of 28.75 per share. Given that Veritiv has Jensen Alpha of 0.4729, we advise you double-check Veritiv Corporation current market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Veritiv Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was five with a total number of output elements of twelve. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Veritiv volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Veritiv Trend Analysis

Use this graph to draw trend lines for Veritiv Corporation. You can use it to identify possible trend reversals for Veritiv as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Veritiv price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Veritiv Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Veritiv Corporation applied against its price change over selected period. The best fit line has a slop of 0.06 % which may suggest that Veritiv Corporation market price will keep on failing further. It has 34 observation points and a regression sum of squares at 2.47, which is the sum of squared deviations for the predicted Veritiv price change compared to its average price change.

Did you try this?

Run Idea Analyzer Now

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Hide  View All  NextLaunch Idea Analyzer
Veritiv Corporation is rated fifth in mean deviation category among related companies. It is rated fourth in standard deviation category among related companies creating about  1.39  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Veritiv Corporation is roughly  1.39