Veritiv Risk Analysis

Veritiv Corporation -- USA Stock  

USD 37.20  0.05  0.13%

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 Trend
Check current 30 days Veritiv correlation with market (DOW)
β = 0.4304
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 thirty-nine. 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 0.4304 . 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 
      Returns 
α
Alpha over DOW
=1.13
β
Beta against DOW=0.43
σ
Overall volatility
=0.00
Ir
Information ratio =0.19

Actual Return Volatility

Veritiv Corporation inherits 0.0% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.4124% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Veritiv Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

60 Days Economic Sensitivity

Slowly supersedes market

Total Debt

Veritiv Total Debt History

Total Debt

Investment Outlook

Veritiv Investment Opportunity
DOW has a standard deviation of returns of 1.41 and is 9.223372036854776E16 times more volatile than Veritiv Corporation. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use Veritiv Corporation to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Veritiv to be traded at $36.83 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.
Also please take a look at World Market Map. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.