Veritiv Risk Analysis

Veritiv Corporation -- USA Stock  

USD 28.6  0.25  0.88%

We consider Veritiv not too volatile. Veritiv owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0023 which indicates Veritiv had 0.0023% 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 2.04, Coefficient Of Variation of 15503.89 and Risk Adjusted Performance of 0.0108 to confirm if risk estimate we provide are consistent with the epected return of 0.0053%.
 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 Trend
Check current 30 days Veritiv correlation with market (DOW)
β = 0.4707
Veritiv Small BetaVeritiv Beta Legend

Veritiv Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Veritiv Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, Veritiv has beta of 0.4707 . 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. Additionally, Veritiv Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Veritiv is 43175.24. The daily returns are destributed with a variance of 5.25 and standard deviation of 2.29. The mean deviation of Veritiv Corporation is currently at 1.61. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
=0.1
β
Beta against DOW=0.47
σ
Overall volatility
=2.29
Ir
Information ratio =0.1

Actual Return Volatility

Veritiv Corporation inherits 2.2907% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4629% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Veritiv Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Slowly supersedes market

Total Debt

Veritiv Total Debt History

Total Debt

Largest Trends

Veritiv Largest Period Trend

Investment Outlook

Veritiv Investment Opportunity
Veritiv Corporation has a volatility of 2.29 and is 4.98 times more volatile than DOW. 21% of all equities and portfolios are less risky than Veritiv. Compared to the overall equity markets, volatility of historical daily returns of Veritiv Corporation is lower than 21 (%) of all global equities and portfolios over the last 30 days. Use Veritiv Corporation to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Veritiv to be traded at $31.46 in 30 days. 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.

Veritiv correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Veritiv Corp. and equity matching DJI index in the same portfolio.