Verra Mobility Corp Stock Market Value
| VRRM Stock | USD 24.41 0.53 2.22% |
| Symbol | Verra |
Verra Mobility Corp Price To Book Ratio
Is Verra Mobility'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 Verra Mobility. If investors know Verra 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 Verra Mobility 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 (0.85) | Earnings Share 0.36 | Revenue Per Share 5.148 | Quarterly Revenue Growth 0.134 | Return On Assets 0.0792 |
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility'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 Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility'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 Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility'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.
Verra Mobility 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Verra Mobility's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Verra Mobility.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Verra Mobility on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Verra Mobility Corp or generate 0.0% return on investment in Verra Mobility over 30 days. Verra Mobility is related to or competes with International Money, Option Care, R1 RCM, Morningstar Unconstrained, Thrivent High, Via Renewables, and T Rowe. Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Ca... More
Verra Mobility Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Verra Mobility's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Verra Mobility Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.017 | |||
| Maximum Drawdown | 8.97 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.31 |
Verra Mobility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Verra Mobility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verra Mobility's standard deviation. In reality, there are many statistical measures that can use Verra Mobility historical prices to predict the future Verra Mobility's volatility.| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | 0.0752 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Verra Mobility's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Verra Mobility Corp Backtested Returns
We consider Verra Mobility very steady. Verra Mobility Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0581, which indicates the firm had a 0.0581% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Verra Mobility Corp, which you can use to evaluate the volatility of the company. Please validate Verra Mobility's Semi Deviation of 1.9, coefficient of variation of 1499.73, and Risk Adjusted Performance of 0.0476 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Verra Mobility has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 1.46, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Verra Mobility will likely underperform. Verra Mobility Corp right now has a risk of 1.83%. Please validate Verra Mobility sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Verra Mobility will be following its existing price patterns.
Auto-correlation | 0.79 |
Good predictability
Verra Mobility Corp has good predictability. Overlapping area represents the amount of predictability between Verra Mobility time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Verra Mobility Corp price movement. The serial correlation of 0.79 indicates that around 79.0% of current Verra Mobility price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Verra Mobility Corp lagged returns against current returns
Autocorrelation, which is Verra Mobility stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Verra Mobility's stock expected returns. We can calculate the autocorrelation of Verra Mobility returns to help us make a trade decision. For example, suppose you find that Verra Mobility has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Verra Mobility regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Verra Mobility stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verra Mobility stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verra Mobility stock over time.
Current vs Lagged Prices |
| Timeline |
Verra Mobility Lagged Returns
When evaluating Verra Mobility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verra Mobility stock have on its future price. Verra Mobility autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Verra Mobility autocorrelation shows the relationship between Verra Mobility stock current value and its past values and can show if there is a momentum factor associated with investing in Verra Mobility Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Verra Mobility Corp is a strong investment it is important to analyze Verra Mobility's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Verra Mobility's future performance. For an informed investment choice regarding Verra Stock, refer to the following important reports:Check out Verra Mobility Correlation, Verra Mobility Volatility and Verra Mobility Alpha and Beta module to complement your research on Verra Mobility. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Verra Stock analysis
When running Verra Mobility's price analysis, check to measure Verra Mobility'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 Verra Mobility is operating at the current time. Most of Verra Mobility's value examination focuses on studying past and present price action to predict the probability of Verra Mobility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verra Mobility's price. Additionally, you may evaluate how the addition of Verra Mobility to your portfolios can decrease your overall portfolio volatility.
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Verra Mobility technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.