Virco Manufacturing Stock Forecast - Accumulation Distribution

VIRC Stock  USD 16.36  0.02  0.12%   
Virco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Virco Manufacturing stock prices and determine the direction of Virco Manufacturing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Virco Manufacturing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Virco Manufacturing's Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.97, whereas Receivables Turnover is forecasted to decline to 9.39. . The current year's Net Income Applicable To Common Shares is expected to grow to about 15.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 15.4 M.
On October 2, 2024 Virco Manufacturing had Accumulation Distribution of 3121.48. The accumulation distribution (A/D) indicator shows the degree to which Virco Manufacturing is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Virco Manufacturing to determine if accumulation or reduction is taking place in the market. This value is adjusted by Virco Manufacturing trading volume to give more weight to distributions with higher volume over lower volume.
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Virco Manufacturing Trading Date Momentum

On October 03 2024 Virco Manufacturing was traded for  13.18  at the closing time. The top price for the day was 13.35  and the lowest listed price was  13.07 . The trading volume for the day was 99.4 K. The trading history from October 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.53% . The trading price change against the current closing price is 1.74% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Virco Manufacturing

For every potential investor in Virco, whether a beginner or expert, Virco Manufacturing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Virco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Virco. Basic forecasting techniques help filter out the noise by identifying Virco Manufacturing's price trends.

Virco Manufacturing Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Virco Manufacturing stock to make a market-neutral strategy. Peer analysis of Virco Manufacturing could also be used in its relative valuation, which is a method of valuing Virco Manufacturing by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Virco Manufacturing Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Virco Manufacturing's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Virco Manufacturing's current price.

Virco Manufacturing Market Strength Events

Market strength indicators help investors to evaluate how Virco Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virco Manufacturing shares will generate the highest return on investment. By undertsting and applying Virco Manufacturing stock market strength indicators, traders can identify Virco Manufacturing entry and exit signals to maximize returns.

Virco Manufacturing Risk Indicators

The analysis of Virco Manufacturing's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Virco Manufacturing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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 Virco Manufacturing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virco Manufacturing's 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 Virco Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virco Manufacturing Stock:
Check out Historical Fundamental Analysis of Virco Manufacturing to cross-verify your projections.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Commercial Services & Supplies space 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 Virco Manufacturing. If investors know Virco 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 Virco Manufacturing 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
0.093
Dividend Share
0.06
Earnings Share
1.63
Revenue Per Share
17.273
Quarterly Revenue Growth
0.01
The market value of Virco Manufacturing is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing'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 Virco Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing'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 Virco Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing'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.