Vera Bradley Correlations
| VRA Stock | USD 6.81 0.19 2.87% |
The correlation of Vera Bradley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vera Bradley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vera Bradley moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Weak diversification
The correlation between Vera Bradley and NYA is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vera Bradley and NYA in the same portfolio, assuming nothing else is changed.
Vera |
The ability to find closely correlated positions to Vera Bradley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vera Bradley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vera Bradley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vera Bradley to buy it.
Moving together with Vera Stock
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| 0.74 | NKE | Nike Inc Financial Report 4th of July 2024 | PairCorr |
| 0.69 | GPRO | GoPro Inc Financial Report 14th of May 2024 | PairCorr |
| 0.82 | JAKK | JAKKS Pacific | PairCorr |
Moving against Vera Stock
| 0.84 | HAS | Hasbro Inc Upward Rally | PairCorr |
| 0.83 | HEAR | Turtle Beach Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.74 | VSTO | Vista Outdoor Financial Report 1st of May 2024 | PairCorr |
| 0.74 | WLDS | Wearable Devices | PairCorr |
| 0.71 | MYTE | MYT Netherlands Parent Financial Report 8th of May 2024 | PairCorr |
| 0.69 | DOGZ | Dogness International | PairCorr |
| 0.66 | WWW | Wolverine World Wide Financial Report 8th of May 2024 | PairCorr |
| 0.62 | VZIO | Vizio Holding Corp Financial Report 14th of May 2024 | PairCorr |
| 0.62 | BLD | Topbuild Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.47 | MICS | Singing Machine Earnings Call This Week | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Vera Stock performing well and Vera Bradley Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Vera Bradley's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Be your own money manager
Our tools can tell you how much better you can do entering a position in Vera Bradley without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Vera Bradley Corporate Directors
Vera Bradley corporate directors refer to members of a Vera Bradley board of directors. The board of directors generally takes responsibility for the Vera Bradley's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Vera Bradley's board members must vote for the resolution. The Vera Bradley board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Kyees | Lead Independent Director | Profile | |
| Matthew McEvoy | Independent Director | Profile | |
| Edward Schmults | Independent Director | Profile | |
| Richard Baum | Independent Director | Profile |
Already Invested in Vera Bradley?
The danger of trading Vera Bradley is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vera Bradley is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vera Bradley. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vera Bradley is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Vera Bradley offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vera Bradley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vera Bradley Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vera Bradley Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vera Bradley. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Vera Stock refer to our How to Trade Vera Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running Vera Bradley's price analysis, check to measure Vera Bradley's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vera Bradley is operating at the current time. Most of Vera Bradley's value examination focuses on studying past and present price action to predict the probability of Vera Bradley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vera Bradley's price. Additionally, you may evaluate how the addition of Vera Bradley to your portfolios can decrease your overall portfolio volatility.
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Is Vera Bradley's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vera Bradley. If investors know Vera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vera Bradley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Earnings Share 0.25 | Revenue Per Share 15.269 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0301 |
The market value of Vera Bradley is measured differently than its book value, which is the value of Vera that is recorded on the company's balance sheet. Investors also form their own opinion of Vera Bradley's value that differs from its market value or its book value, called intrinsic value, which is Vera Bradley's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vera Bradley's market value can be influenced by many factors that don't directly affect Vera Bradley's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vera Bradley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vera Bradley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vera Bradley's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.