Viad Corp Stock Market Value
| VVI Stock | USD 44.96 0.01 0.02% |
| Symbol | Viad |
Viad Corp Price To Book Ratio
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 Viad Corp. If investors know Viad 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 Viad Corp 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 0.168 | Earnings Share 1.02 | Revenue Per Share 66.429 | Quarterly Revenue Growth 0.245 | Return On Assets 0.0629 |
The market value of Viad Corp is measured differently than its book value, which is the value of Viad that is recorded on the company's balance sheet. Investors also form their own opinion of Viad Corp's value that differs from its market value or its book value, called intrinsic value, which is Viad Corp'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 Viad Corp's market value can be influenced by many factors that don't directly affect Viad Corp'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 Viad Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viad Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viad Corp'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.
Viad Corp '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 Viad Corp's 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 Viad Corp.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Viad Corp on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Viad Corp or generate 0.0% return on investment in Viad Corp over 30 days. Viad Corp is related to or competes with Cass Information, Teleperformance, Network 1, BrightView Holdings, Aramark Holdings, Civeo Corp, and ABM Industries. Viad Corp operates as an experiential leisure travel, and live events and marketing services company in the United State... More
Viad Corp 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 Viad Corp's 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 Viad Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.106 | |||
| Maximum Drawdown | 21.58 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 5.57 |
Viad Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viad Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viad Corp's standard deviation. In reality, there are many statistical measures that can use Viad Corp historical prices to predict the future Viad Corp's volatility.| Risk Adjusted Performance | 0.1154 | |||
| Jensen Alpha | 0.3067 | |||
| Total Risk Alpha | 0.0086 | |||
| Sortino Ratio | 0.1791 | |||
| Treynor Ratio | 0.3338 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Viad Corp's 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.
Viad Corp Backtested Returns
Viad Corp appears to be very steady, given 3 months investment horizon. Viad Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Viad Corp's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Viad Corp's Semi Deviation of 1.55, coefficient of variation of 708.18, and Risk Adjusted Performance of 0.1154 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Viad Corp holds a performance score of 12. The entity has a beta of 1.33, 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, Viad Corp will likely underperform. Please check Viad Corp's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Viad Corp's existing price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Viad Corp has good predictability. Overlapping area represents the amount of predictability between Viad Corp time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Viad Corp price movement. The serial correlation of 0.76 indicates that around 76.0% of current Viad Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
Viad Corp lagged returns against current returns
Autocorrelation, which is Viad Corp 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 Viad Corp's stock expected returns. We can calculate the autocorrelation of Viad Corp returns to help us make a trade decision. For example, suppose you find that Viad Corp 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 |
Viad Corp 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 Viad Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viad Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viad Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Viad Corp Lagged Returns
When evaluating Viad Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viad Corp stock have on its future price. Viad Corp 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, Viad Corp autocorrelation shows the relationship between Viad Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Viad Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Viad Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Viad Corp'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 Viad Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Viad Corp Stock:Check out Viad Corp Correlation, Viad Corp Volatility and Viad Corp Alpha and Beta module to complement your research on Viad Corp. For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Viad Corp 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.