Viavi Solutions Stock Performance
| VIAV Stock | USD 8.09 0.08 0.98% |
The entity has a beta of 1.51, 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, Viavi Solutions will likely underperform. Viavi Solutions has an expected return of -0.32%. Please make sure to validate Viavi Solutions treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Viavi Solutions performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Viavi Solutions has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in May 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Actual Historical Performance (%)
One Day Return (0.98) | Five Day Return (3.69) | Year To Date Return (19.18) | Ten Year Return 5.9 | All Time Return 589.56 |
Last Split Factor 1758:1000 | Last Split Date 2015-08-04 |
1 | Viav Solutions Tops Q2 Earnings and Revenue Estimates | 02/01/2024 |
2 | The past three-year earnings decline for Viavi Solutions likely explains shareholders long-term losses | 03/06/2024 |
3 | Public Sector Pension Investment Board Decreases Position in Viavi Solutions Inc. - Defense World | 03/18/2024 |
4 | Keysight to launch an offer for London-listed Spirent, source says | 03/27/2024 |
5 | Keysight outbids rival Viavi to buy UKs Spirent for 1.5 billion | 03/28/2024 |
6 | VIAVI Unveils Groundbreaking Advances in 6G and AI Research with Introduction of 6G City-Scale Digital Twin and AI-Native Air Interface | 04/04/2024 |
7 | Viavi Solution Boosts Cloud-Enabled Test Platform - Zacks Investment Research | 04/11/2024 |
8 | VIAVI Announces Date for Fiscal Third Quarter 2024 Financial Results | 04/17/2024 |
| Begin Period Cash Flow | 572.8 M | |
| Total Cashflows From Investing Activities | -127.1 M |
Viavi |
Viavi Solutions Relative Risk vs. Return Landscape
If you would invest 1,017 in Viavi Solutions on January 20, 2024 and sell it today you would lose (208.00) from holding Viavi Solutions or give up 20.45% of portfolio value over 90 days. Viavi Solutions is currently does not generate positive expected returns and assumes 3.1467% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Viavi, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Viavi Solutions Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viavi Solutions' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Viavi Solutions, and traders can use it to determine the average amount a Viavi Solutions' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1003
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VIAV |
Estimated Market Risk
| 3.15 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Viavi Solutions is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Viavi Solutions by adding Viavi Solutions to a well-diversified portfolio.
Viavi Solutions Fundamentals Growth
Viavi Stock prices reflect investors' perceptions of the future prospects and financial health of Viavi Solutions, and Viavi Solutions fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Viavi Stock performance.
| Return On Equity | 0.0071 | ||||
| Return On Asset | 0.0133 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 1.79 B | ||||
| Shares Outstanding | 222.57 M | ||||
| Price To Earning | 86.33 X | ||||
| Price To Book | 2.58 X | ||||
| Price To Sales | 1.86 X | ||||
| Revenue | 1.11 B | ||||
| Gross Profit | 664 M | ||||
| EBITDA | 108.6 M | ||||
| Net Income | 25.5 M | ||||
| Cash And Equivalents | 561.3 M | ||||
| Cash Per Share | 2.48 X | ||||
| Total Debt | 725.7 M | ||||
| Debt To Equity | 1.11 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | 114.1 M | ||||
| Earnings Per Share | 0.02 X | ||||
| Market Capitalization | 1.8 B | ||||
| Total Asset | 1.85 B | ||||
| Retained Earnings | (69.6 B) | ||||
| Working Capital | 601.5 M | ||||
| Current Asset | 1.21 B | ||||
| Current Liabilities | 226.4 M | ||||
About Viavi Solutions Performance
To evaluate Viavi Solutions Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Viavi Solutions generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Viavi Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Viavi Solutions market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Viavi's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 86.78 | 88.73 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0 | 0 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.06) | (0.07) |
Things to note about Viavi Solutions performance evaluation
Checking the ongoing alerts about Viavi Solutions for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Viavi Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Viavi Solutions generated a negative expected return over the last 90 days | |
| Viavi Solutions has high historical volatility and very poor performance | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: VIAVI Announces Date for Fiscal Third Quarter 2024 Financial Results |
- Analyzing Viavi Solutions' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Viavi Solutions' stock is overvalued or undervalued compared to its peers.
- Examining Viavi Solutions' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Viavi Solutions' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Viavi Solutions' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Viavi Solutions' stock. These opinions can provide insight into Viavi Solutions' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.Note that the Viavi Solutions information on this page should be used as a complementary analysis to other Viavi Solutions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Viavi Stock analysis
When running Viavi Solutions' price analysis, check to measure Viavi Solutions' 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 Viavi Solutions is operating at the current time. Most of Viavi Solutions' value examination focuses on studying past and present price action to predict the probability of Viavi Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viavi Solutions' price. Additionally, you may evaluate how the addition of Viavi Solutions to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets |
Is Viavi Solutions' 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 Viavi Solutions. If investors know Viavi 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 Viavi Solutions 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 (0.73) | Earnings Share 0.02 | Revenue Per Share 4.553 | Quarterly Revenue Growth 0.166 | Return On Assets 0.0133 |
The market value of Viavi Solutions is measured differently than its book value, which is the value of Viavi that is recorded on the company's balance sheet. Investors also form their own opinion of Viavi Solutions' value that differs from its market value or its book value, called intrinsic value, which is Viavi Solutions' 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 Viavi Solutions' market value can be influenced by many factors that don't directly affect Viavi Solutions' 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 Viavi Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viavi Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viavi Solutions' 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.