Veritiv Cor Stock Technical Analysis

VRTVDelisted Stock  USD 169.99  0.00  0.00%   
As of the 18th of April 2024, Veritiv Cor has the Standard Deviation of 0.1262, risk adjusted performance of 0.0446, and Downside Deviation of 0.1768. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veritiv Cor, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for eighteen technical drivers for Veritiv Cor, which can be compared to its competition. Please validate Veritiv Cor treynor ratio, potential upside, as well as the relationship between the Potential Upside and expected short fall to decide if Veritiv Cor is priced more or less accurately, providing market reflects its prevalent price of 169.99 per share. Given that Veritiv Cor has treynor ratio of (0.11), we advise you to double-check Veritiv Cor's current market performance to make sure the company can sustain itself at a future point.

Veritiv Cor Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Veritiv, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Veritiv
  
Veritiv Cor's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Veritiv Cor 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, delisted stock market cycles, or different charting patterns.
A focus of Veritiv Cor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veritiv Cor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Veritiv Cor Technical Analysis

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Veritiv Cor Trend Analysis

Use this graph to draw trend lines for Veritiv Cor. You can use it to identify possible trend reversals for Veritiv Cor as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Veritiv Cor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Veritiv Cor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Veritiv Cor applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Veritiv Cor will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.18, which is the sum of squared deviations for the predicted Veritiv Cor price change compared to its average price change.

About Veritiv Cor Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Veritiv Cor on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Veritiv Cor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Veritiv Cor price pattern first instead of the macroeconomic environment surrounding Veritiv Cor. By analyzing Veritiv Cor's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Veritiv Cor's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Veritiv Cor specific price patterns or momentum indicators. Please read more on our technical analysis page.

Veritiv Cor April 18, 2024 Technical Indicators

Most technical analysis of Veritiv help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Veritiv from various momentum indicators to cycle indicators. When you analyze Veritiv charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Veritiv Stock

If you are still planning to invest in Veritiv Cor check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Veritiv Cor's history and understand the potential risks before investing.
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