Veritone Stock Price on December 24, 2024

VERI Stock  USD 3.37  0.23  6.39%   
If you're considering investing in Veritone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Veritone stands at 3.37, as last reported on the 8th of January, with the highest price reaching 3.78 and the lowest price hitting 3.34 during the day. Veritone owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.026, which indicates the firm had a -0.026% return per unit of risk over the last 3 months. Veritone exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veritone's Risk Adjusted Performance of (0.01), coefficient of variation of (3,852), and Variance of 63.25 to confirm the risk estimate we provide.
  
Veritone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.026

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Estimated Market Risk

 7.95
  actual daily
70
70% of assets are less volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Veritone 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 Veritone by adding Veritone to a well-diversified portfolio.

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Veritone Valuation on December 24, 2024

It is possible to determine the worth of Veritone on a given historical date. On December 24, 2024 Veritone was worth 2.33 at the beginning of the trading date compared to the closed value of 2.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veritone stock. Still, in general, we apply an absolute valuation method to find Veritone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Veritone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veritone's related companies.
 Open High Low Close Volume
  2.35    2.35    2.21    2.31    461,922  
12/24/2024
  2.33    2.55    2.32    2.53    761,414  
  2.67    3.43    2.54    3.36    5,744,254  
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Open Value
2.33
2.53
Closing Value
26.19
Upside

Veritone Trading Date Momentum on December 24, 2024

On December 26 2024 Veritone was traded for  3.36  at the closing time. The top price for the day was 3.43  and the lowest listed price was  2.54 . The trading volume for the day was 5.7 M. The trading history from December 26, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 32.81% . The trading price change against the current closing price is 28.85% .

Veritone Fundamentals Correlations and Trends

By evaluating Veritone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Veritone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veritone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Veritone Stock history

Veritone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Veritone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veritone will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Veritone stock prices may prove useful in developing a viable investing in Veritone
Veritone, Inc., together with its subsidiaries, provides artificial intelligence computing solutions in the United States and the United Kingdom. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado. Veritone operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 546 people.

Veritone Stock Technical Analysis

Veritone 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.
A focus of Veritone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veritone 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...

Price Boundaries

Veritone Period Price Range

Low
January 8, 2025
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Veritone cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Veritone January 8, 2025 Market Strength

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

Veritone Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Veritone's price direction in advance. Along with the technical and fundamental analysis of Veritone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veritone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Veritone Stock analysis

When running Veritone's price analysis, check to measure Veritone'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 Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
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