VERITAS Competition

Bonds USA . 
Bond . VERITAS INC VERITAS
92346LAE3   83.23  0.00  0.00%   
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
81.1183.2385.35
Details
Intrinsic
Valuation
LowRealHigh
80.2482.3684.48
Details
Naive
Forecast
LowNextHigh
70.4372.5574.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
74.2791.28108.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VERITAS. Your research has to be compared to or analyzed against VERITAS's peers to derive any actionable benefits. When done correctly, VERITAS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in VERITAS INC VERITAS.

VERITAS Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VERITAS and its competitors represents the degree of relationship between the price movements of corresponding bonds. A correlation of about +1.0 implies that the price of VERITAS and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VERITAS INC VERITAS does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
KRUS
+ 0.84
CAVA
SHAK
+ 0.8
CAVA
KRUS
+ 0.78
SHAK
VALN
+ 0.77
EVTZF
KRUS
+ 0.64
ASUR
ASUR
+ 0.49
CAVA
  
High negative correlations   
VALN
- 0.84
CAVA
KRUS
- 0.8
EVTZF
KRUS
- 0.76
VALN
VALN
- 0.67
SHAK
EVTZF
- 0.67
CAVA
EVTZF
- 0.52
SHAK

Risk-Adjusted Indicators

There is a big difference between VERITAS Bond performing well and VERITAS Corporate Bond doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VERITAS's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

VERITAS Competitive Analysis

The better you understand VERITAS competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VERITAS's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VERITAS's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
92346LAE3 CAVA ASUR SHAK EVTZF VALN YUM KRUS
 0.00 
 83.23 
VERITAS
 0.14 
 145.00 
CAVA
 1.37 
 9.65 
Asure
 0.46 
 123.01 
Shake
 0.00 
 8.68 
Evertz
 0.23 
 4.43 
Valneva
 0.78 
 135.27 
Yum
 8.53 
 103.69 
Kura
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Very steady
Not too volatile
Somewhat reliable
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Good
Modest
OK
Very Weak
Very Weak
Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Very Low
Low
Low
Low
High
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Strong Buy
Buy
Not Available
Strong Buy
Buy
Buy
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Buy
Cautious Hold
Strong Hold
Strong Sell
Strong Sell
Strong Hold
Strong Hold
Current Ratio
N/A
N/A
1.07 X
2.89 X
1.85 X
1.15 X
1.28 X
1.85 X
Net Asset
N/A
1.06 B
443.87 M
1.61 B
420.98 M
460.06 M
6.23 B
328.52 M
Profit Margin
N/A
0.06 %
(0.11) %
0.01 %
0.16 %
(0.05) %
0.21 %
(0.04) %
EBITDA
N/A
63.14 M
15.81 M
111.74 M
117.94 M
(64.52 M)
2.65 B
3.2 M
Operating Margin
N/A
0.06 %
(0.12) %
0.04 %
0.22 %
(0.27) %
0.34 %
0.01 %
Current Valuation
N/A
16.62 B
257.94 M
5.42 B
723.8 M
395.46 M
48.4 B
1.34 B
Price To Book
N/A
26.95 X
1.29 X
10.80 X
4.22 X
1.58 X
N/A
7.69 X
Retained Earnings
N/A
(447.66 M)
(290.44 M)
16.78 M
N/A
(561.2 M)
(7.62 B)
(32.99 M)
Current Asset
N/A
N/A
7.68 M
78.93 M
N/A
N/A
1.69 B
51.49 M
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
1.68 %
N/A
Beta
N/A
N/A
0.53
1.82
0.73
1.02
1.1
1.87
Number Of Employees
N/A
8.1 K
564
12.2 K
13
676
35 K
3.3 K
Shares Outstanding
N/A
114.58 M
26.55 M
40.03 M
76.2 M
81.18 M
279.07 M
11.06 M
Cash Flow From Operations
N/A
97.1 M
18.9 M
132.14 M
68.67 M
(202.74 M)
1.6 B
15.61 M
Annual Yield
N/A
N/A
N/A
N/A
0.06 %
N/A
0.02 %
N/A
Total Debt
N/A
336.2 M
10.44 M
771.33 M
29.11 M
208.82 M
12.03 B
141.35 M
Return On Equity
N/A
0.0909
-0.0622
0.019
0.33
-0.0396
N/A
-0.0538
Z Score
N/A
N/A
N/A
N/A
16.6
N/A
N/A
N/A
Return On Asset
N/A
0.0263
-0.0183
0.0102
0.15
-0.11
0.24
-0.0089
Number Of Shares Shorted
N/A
10.72 M
668.24 K
3.55 M
N/A
48.21 K
6.51 M
1.47 M
Book Value Per Share
N/A
5.38 X
7.50 X
11.39 X
3.05 X
1.55 X
(27.41) X
14.44 X
Current Liabilities
N/A
N/A
16.28 M
24 M
N/A
N/A
3.09 B
8.3 M
Total Asset
N/A
1.06 B
443.87 M
1.61 B
420.98 M
460.06 M
6.23 B
328.52 M
Short Ratio
N/A
5.88 X
9.77 X
3.34 X
N/A
3.11 X
4.34 X
11.61 X
Target Price
N/A
156.46
13.17
131.14
N/A
15.85
143.81
104.63
Debt To Equity
N/A
N/A
0.28 %
1.65 %
0.12 %
1.43 %
4.37 %
0.98 %
Last Dividend Paid
N/A
N/A
N/A
N/A
0.73
N/A
0.67
N/A
Shares Owned By Institutions
N/A
66.80 %
76.85 %
99.20 %
7.23 %
1.16 %
87.07 %
71.89 %
Market Capitalization
N/A
16.61 B
256.25 M
5.23 B
761.96 M
359.65 M
37.75 B
1.25 B
Price To Earning
N/A
N/A
73.89 X
112.61 X
17.22 X
N/A
28.82 X
777.14 X
Price To Earnings To Growth
N/A
N/A
0.68 X
2.55 X
N/A
N/A
2.25 X
N/A
Price To Sales
N/A
18.19 X
2.22 X
4.32 X
1.59 X
2.27 X
5.23 X
5.26 X
Net Income
N/A
13.28 M
(9.21 M)
20.99 M
71.75 M
(101.43 M)
1.6 B
(8.8 M)
Earnings Per Share
N/A
0.41 X
(0.48) X
0.20 X
0.72 X
(0.13) X
5.36 X
(0.79) X
Shares Owned By Insiders
N/A
9.17 %
5.88 %
5.07 %
64.52 %
N/A
0.14 %
43.26 %
Revenue
N/A
728.7 M
119.08 M
1.09 B
441.02 M
153.71 M
7.08 B
237.86 M
Working Capital
N/A
245.88 M
25.88 M
170.37 M
N/A
103.96 M
332 M
26.84 M
Cash And Equivalents
N/A
N/A
14.59 M
357.96 M
36.66 M
336.22 M
367 M
35.97 M
Cash Per Share
N/A
N/A
0.73 X
9.11 X
0.48 X
5.74 X
1.52 X
3.69 X
Gross Profit
N/A
N/A
62.51 M
313.04 M
255.31 M
(68.06 M)
3.31 B
27.15 M
Day Typical Price
83.23
146.52
9.6
123.04
8.68
4.43
135.11
101.7
Accumulation Distribution
N/A
0.0331
0.0399
0.0206
N/A
0.0592
0.0124
0.0728
Market Facilitation Index
N/A
4.95
0.39
2.56
N/A
0.27
1.69
7.61
Daily Balance Of Power
0.0
0.0404
0.3333
0.2188
0.0
0.037
0.6213
1.070959
Period Momentum Indicator
N/A
0.2
0.13
0.56
N/A
0.01
1.05
8.15
Rate Of Daily Change
1.0
1.0
1.01
1.0
1.0
1.0
1.01
1.09
Day Median Price
83.23
147.28
9.57
123.06
8.68
4.43
135.03
100.71
Price Action Indicator
N/A
(2.18)
0.14
0.23
N/A
0.01
0.77
7.06
Relative Strength Index
59.88
68.82
49.87
80.05
26.21
35.43
61.93
53.11
Coefficient Of Variation
(1,271)
562.93
1404.13
923.38
(1,189)
(317.61)
(26,729)
481.62
Mean Deviation
0.7659
1.95
1.83
1.69
0.6911
1.92
0.7705
2.94
Jensen Alpha
(0.18)
0.3964
0.0293
0.0944
(0.15)
(0.80)
(0.06)
0.5259
Total Risk Alpha
(0.51)
0.0564
(0.27)
(0.12)
(0.47)
(1.20)
(0.18)
0.1876
Sortino Ratio
N/A
0.1772
0.0254
0.0627
N/A
N/A
N/A
0.2154
Downside Variance
N/A
6.57
11.2
2.86
N/A
N/A
N/A
10.18
Standard Deviation
2.12
3.29
3.03
2.19
1.92
2.52
1.03
3.94
Kurtosis
37.79
16.88
8.49
1.25
39.38
0.6693
2.09
0.7259
Potential Upside
1.31
4.12
5.27
3.49
2.28
3.2
1.48
7.63
Treynor Ratio
(2.82)
0.3885
0.1409
0.2068
1.12
(45.09)
(0.03)
0.3457
Maximum Drawdown
5.74
26.02
19.48
11.94
15.98
12.07
6.05
20.8
Variance
4.5
10.85
9.17
4.78
3.67
6.34
1.06
15.53
Market Risk Adjusted Performance
(2.81)
0.3985
0.1509
0.2168
1.13
(45.08)
(0.02)
0.3557
Risk Adjusted Performance
(0.05)
0.1439
0.0621
0.0896
(0.06)
(0.23)
(0.0003)
0.1673
Skewness
(5.56)
2.7
(1.08)
0.7777
(5.60)
(0.45)
0.7624
0.4203
Semi Deviation
N/A
1.94
3.0
1.55
N/A
N/A
N/A
2.86
Information Ratio
(0.14)
0.1379
0.028
0.0485
(0.15)
(0.37)
(0.13)
0.1744
Value At Risk
(1.03)
(3.03)
(3.76)
(2.89)
(1.86)
(5.35)
(1.64)
(5.32)
Expected Short fall
N/A
(2.13)
(2.04)
(2.15)
N/A
N/A
N/A
(3.63)
Downside Deviation
N/A
2.56
3.35
1.69
N/A
N/A
N/A
3.19
Semi Variance
N/A
3.75
9.0
2.4
N/A
N/A
N/A
8.16

VERITAS Competition Performance Charts

Five steps to successful analysis of VERITAS Competition

VERITAS's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VERITAS INC VERITAS in relation to its competition. VERITAS's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of VERITAS in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VERITAS's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VERITAS INC VERITAS, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your VERITAS position

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ESG Investing Theme
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 constituents at this time.
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Other Information on Investing in VERITAS Bond

VERITAS financial ratios help investors to determine whether VERITAS Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VERITAS with respect to the benefits of owning VERITAS security.
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