Viant Technology Stock Beneish M Score
| DSP Stock | USD 9.04 0.31 3.55% |
Viant |
At this time, it appears that Viant Technology is an unlikely manipulator. The earnings manipulation may begin if Viant Technology's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Viant Technology executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Viant Technology's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unlikely Manipulator
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About Viant Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Viant Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viant Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viant Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Viant Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Viant Technology's short interest history, or implied volatility extrapolated from Viant Technology options trading.
Pair Trading with Viant Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Viant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Viant Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Viant Stock
| 0.81 | DJCO | Daily Journal Corp | PairCorr |
| 0.77 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Viant Stock
| 0.69 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.65 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.65 | DMAN | Innovativ Media Group | PairCorr |
| 0.63 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
| 0.62 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Viant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viant Technology 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 Viant Technology - 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 Viant Technology to buy it.
The correlation of Viant Technology 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 Viant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viant Technology 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.
Correlation analysis and pair trading evaluation for Viant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Viant Technology Piotroski F Score and Viant Technology Altman Z Score analysis. To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Viant Stock analysis
When running Viant Technology's price analysis, check to measure Viant Technology'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 Viant Technology is operating at the current time. Most of Viant Technology's value examination focuses on studying past and present price action to predict the probability of Viant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viant Technology's price. Additionally, you may evaluate how the addition of Viant Technology to your portfolios can decrease your overall portfolio volatility.
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Is Viant Technology'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 Viant Technology. If investors know Viant 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 Viant Technology 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 (0.99) | Earnings Share (0.23) | Revenue Per Share 14.644 | Quarterly Revenue Growth 0.182 | Return On Assets (0.03) |
The market value of Viant Technology is measured differently than its book value, which is the value of Viant that is recorded on the company's balance sheet. Investors also form their own opinion of Viant Technology's value that differs from its market value or its book value, called intrinsic value, which is Viant Technology'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 Viant Technology's market value can be influenced by many factors that don't directly affect Viant Technology'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 Viant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viant Technology'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.