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 4.03, Coefficient Of Variation of 526.42 and Risk Adjusted Performance of 0.3287 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|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.2 Months Beta |Analyze Veritiv Demand TrendCheck current 30 days Veritiv correlation with market (DOW)|
β = 0.4304
Veritiv Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Veritiv has beta of 0.4304 . 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 1.1341 implying that it can potentially generate 1.1341% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density