Verizon Communications (Brazil) Market Value
| VERZ34 Stock | BRL 33.98 0.02 0.06% |
| Symbol | Verizon |
Verizon Communications '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 Verizon Communications' 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 Verizon Communications.
| 03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in Verizon Communications on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding Verizon Communications or generate 0.0% return on investment in Verizon Communications over 30 days. Verizon Communications is related to or competes with BIONTECH, MAHLE Metal, Tres Tentos, Charter Communications, Multilaser Industrial, and Technos SA. Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to c... More
Verizon Communications 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 Verizon Communications' 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 Verizon Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 1.77 |
Verizon Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Verizon Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verizon Communications' standard deviation. In reality, there are many statistical measures that can use Verizon Communications historical prices to predict the future Verizon Communications' volatility.| Risk Adjusted Performance | 0.0408 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2509 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Verizon Communications' 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.
Verizon Communications Backtested Returns
Verizon Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0043, which indicates the firm had a -0.0043% return per unit of risk over the last 3 months. Verizon Communications exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verizon Communications' Risk Adjusted Performance of 0.0408, semi deviation of 1.47, and Coefficient Of Variation of 1775.58 to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Verizon Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Verizon Communications is expected to be smaller as well. Verizon Communications has an expected return of -0.0053%. Please make sure to validate Verizon Communications semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to decide if Verizon Communications performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Verizon Communications has good predictability. Overlapping area represents the amount of predictability between Verizon Communications time series from 27th of March 2024 to 11th of April 2024 and 11th of April 2024 to 26th 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 Verizon Communications price movement. The serial correlation of 0.73 indicates that around 73.0% of current Verizon Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Verizon Communications lagged returns against current returns
Autocorrelation, which is Verizon Communications 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 Verizon Communications' stock expected returns. We can calculate the autocorrelation of Verizon Communications returns to help us make a trade decision. For example, suppose you find that Verizon Communications 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 |
Verizon Communications 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 Verizon Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verizon Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verizon Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Verizon Communications Lagged Returns
When evaluating Verizon Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verizon Communications stock have on its future price. Verizon Communications 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, Verizon Communications autocorrelation shows the relationship between Verizon Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Verizon Communications.
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 Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' 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 Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:Check out Verizon Communications Correlation, Verizon Communications Volatility and Verizon Communications Alpha and Beta module to complement your research on Verizon Communications. For information on how to trade Verizon Stock refer to our How to Trade Verizon Stock guide.Note that the Verizon Communications information on this page should be used as a complementary analysis to other Verizon Communications' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Verizon Stock analysis
When running Verizon Communications' price analysis, check to measure Verizon Communications' 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 Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.
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Verizon Communications 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.