Veritone Stock Forecast - Maximum Drawdown

VERI Stock  USD 2.74  0.00  0.00%   
Veritone Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Veritone's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Veritone's Payables Turnover is increasing as compared to previous years. The Veritone's current Asset Turnover is estimated to increase to 0.35, while Inventory Turnover is projected to decrease to (0.77). . The current Common Stock Shares Outstanding is estimated to decrease to about 22.4 M. The current Net Loss is estimated to decrease to about (24.2 M).
Veritone has current Maximum Drawdown of 0.
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Veritone Trading Date Momentum

On November 21 2024 Veritone was traded for  2.73  at the closing time. The top price for the day was 2.75  and the lowest listed price was  2.63 . The trading volume for the day was 518.9 K. The trading history from November 21, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.38% .
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Other Forecasting Options for Veritone

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

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 Risk & Return  Correlation

Veritone 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 Veritone'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 Veritone's current price.

Veritone Market Strength Events

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 Risk Indicators

The analysis of Veritone'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 Veritone's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting veritone 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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When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone'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 Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
Check out Historical Fundamental Analysis of Veritone to cross-verify your projections.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone 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
1.52
Earnings Share
(1.59)
Revenue Per Share
3.534
Quarterly Revenue Growth
0.108
Return On Assets
(0.12)
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.