Veritiv is not very risky given 1 month investment horizon. Veritiv owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3448 which indicates Veritiv had 0.3448% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use Veritiv market data together with company specific technical indicators. We found twenty-eight different technical indicators which can help you to evaluate if expected returns of 2.3696% are justified by taking the suggested risk. Use Veritiv Semi Deviation of 0.9393, Coefficient Of Variation of 290.15 and Risk Adjusted Performance of 0.3813 to evaluate company specific risk that cannot be diversified away.
|Time Horizon||30 Days Login to change|
Veritiv Market Sensitivity
|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.One Month Beta |Analyze Veritiv Demand TrendCheck current 30 days Veritiv correlation with market (DOW)|
β = 0.5029
Veritiv Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Veritiv has beta of 0.5029 . This entails as returns on market go up, Veritiv average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Veritiv Corporation will be expected to be much smaller as well. In addition to that, Veritiv Corporation has an alpha of 2.3688 implying that it can potentially generate 2.3688% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Veritiv is 290.0. The daily returns are destributed with a variance of 47.22 and standard deviation of 6.87. The mean deviation of Veritiv Corporation is currently at 4.59. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08