Veritiv Probability of Target Price Finishing Above 32.45

VRTV -- USA Stock  

USD 40.10  0.10  0.25%

Veritiv probability of target price tool provides mechanism to make assumptions about upside and downside potential of Veritiv Corporation performance during a given time horizon utilizing its historical volatility. Please specify Veritiv time horizon, a valid symbol (red box) and a target price (blue box) you would like Veritiv odds to be computed. Also please take a look at Veritiv Backtesting, Veritiv Valuation, Veritiv Correlation, Veritiv Hype Analysis, Veritiv Volatility, Veritiv History as well as Veritiv Performance.
 Time Horizon     30 Days    Login   to change
Refresh Odds

Veritiv Target Price Odds to finish below 32.45

Current PriceHorizonTarget PriceOdds to drop to $ 32.45  or more in 30 days
 40.10 30 days 32.45  NEAR 1%
Based on normal probability distribution, the odds of Veritiv to drop to $ 32.45  or more in 30 days from now is near 1% (This Veritiv Corporation probability density function shows the probability of Veritiv Stock to fall within a particular range of prices over 30 days) . Probability of Veritiv price to stay between $ 32.45  and its current price of $40.1 at the end of the 30-day period is about 77.7%.
Given the investment horizon of 30 days, Veritiv Corporation has beta of -0.1207 . This entails as returns on benchmark increase, returns on holding Veritiv are expected to decrease at a much smaller rate. During bear market, however, Veritiv Corporation is likely to outperform the market. Additionally Veritiv Corporation has an alpha of 0.0683 implying that it can potentially generate 0.0683% excess return over DOW after adjusting for the inherited market risk (beta).
 Veritiv Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.07
β
Beta against DOW=0.12
σ
Overall volatility
=0.60
Ir
Information ratio =0.04

Veritiv Alerts

Veritiv Alerts and Suggestions
Veritiv has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 8.47 B. Net Loss for the year was (26.9 M) with profit before overhead, payroll, taxes, and interest of 1.52 B.
Over 97.0% of the company outstanding shares are owned by institutional investors
Latest headline from fisherbusinessnews.com: Veritiv Corporation Portfolio Weight in Focus as Shares Hit
Also please take a look at Veritiv Backtesting, Veritiv Valuation, Veritiv Correlation, Veritiv Hype Analysis, Veritiv Volatility, Veritiv History as well as Veritiv Performance. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.