Virco Manufacturing Stock Probability of Future Stock Price Finishing Over 15.83
| VIRC Stock | USD 15.83 0.28 1.74% |
Virco |
Virco Manufacturing Target Price Odds to finish over 15.83
The tendency of Virco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 15.83 | 90 days | 15.83 | about 16.09 |
Based on a normal probability distribution, the odds of Virco Manufacturing to move above the current price in 90 days from now is about 16.09 (This Virco Manufacturing probability density function shows the probability of Virco Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.01 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Virco Manufacturing will likely underperform. Additionally Virco Manufacturing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Virco Manufacturing Price Density |
| Price |
Predictive Modules for Virco Manufacturing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virco Manufacturing. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Virco Manufacturing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Virco Manufacturing is not an exception. The market had few large corrections towards the Virco Manufacturing's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Virco Manufacturing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virco Manufacturing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 2.01 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | -0.03 |
Virco Manufacturing Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Virco Manufacturing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virco Manufacturing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Virco Manufacturing generated a negative expected return over the last 90 days | |
| Virco Manufacturing has high historical volatility and very poor performance | |
| Virco Manufacturing is unlikely to experience financial distress in the next 2 years | |
| Virco Manufacturing has a strong financial position based on the latest SEC filings | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| On 11th of October 2024 Virco Manufacturing paid $ 0.025 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Undiscovered Gems Highlight These 3 Promising Small Cap Stocks |
Virco Manufacturing Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Virco Stock often depends not only on the future outlook of the current and potential Virco Manufacturing's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Virco Manufacturing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.4 M | |
| Cash And Short Term Investments | 5.3 M |
Virco Manufacturing Technical Analysis
Virco Manufacturing's future price can be derived by breaking down and analyzing its technical indicators over time. Virco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virco Manufacturing. In general, you should focus on analyzing Virco Stock price patterns and their correlations with different microeconomic environments and drivers.
Virco Manufacturing Predictive Forecast Models
Virco Manufacturing's time-series forecasting models is one of many Virco Manufacturing's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Virco Manufacturing's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Virco Manufacturing
Checking the ongoing alerts about Virco Manufacturing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virco Manufacturing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Virco Manufacturing generated a negative expected return over the last 90 days | |
| Virco Manufacturing has high historical volatility and very poor performance | |
| Virco Manufacturing is unlikely to experience financial distress in the next 2 years | |
| Virco Manufacturing has a strong financial position based on the latest SEC filings | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| On 11th of October 2024 Virco Manufacturing paid $ 0.025 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Undiscovered Gems Highlight These 3 Promising Small Cap Stocks |
Check out Virco Manufacturing Backtesting, Virco Manufacturing Valuation, Virco Manufacturing Correlation, Virco Manufacturing Hype Analysis, Virco Manufacturing Volatility, Virco Manufacturing History as well as Virco Manufacturing Performance. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.