Veritone Stock Alpha and Beta Analysis
| VERI Stock | USD 2.73 0.06 2.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Veritone. It also helps investors analyze the systematic and unsystematic risks associated with investing in Veritone over a specified time horizon. Remember, high Veritone's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Veritone's market risk premium analysis include:
Beta (0.30) | Alpha 0.0762 | Risk 6.78 | Sharpe Ratio 0.0051 | Expected Return 0.0344 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Veritone |
Veritone Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Veritone market risk premium is the additional return an investor will receive from holding Veritone long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Veritone. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Veritone's performance over market.| α | 0.08 | β | -0.3 |
Veritone expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Veritone's Buy-and-hold return. Our buy-and-hold chart shows how Veritone performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Veritone Market Price Analysis
Market price analysis 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 understating and applying Veritone stock market price indicators, traders can identify Veritone position entry and exit signals to maximize returns.
Veritone Return and Market Media
The median price of Veritone for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 3.42 with a coefficient of variation of 14.57. The daily time series for the period is distributed with a sample standard deviation of 0.5, arithmetic mean of 3.46, and mean deviation of 0.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Gehl Jeff Patrick of 12196 shares of Veritone subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 5040 shares by Ryan Steelberg of Veritone at 3.59 subject to Rule 16b-3 | 09/30/2024 |
3 | Acquisition by Taketa Richard H of 3575 shares of Veritone subject to Rule 16b-3 | 10/21/2024 |
4 | Veritone to Manage and Monetize Court TVs Expansive Digital Library | 10/29/2024 |
5 | Veritone to Hold Third Quarter 2024 Results Conference Call on November 12th | 10/30/2024 |
6 | Richemont Selects Veritone to Power Talent Acquisition | 10/31/2024 |
7 | Vanguard Group Incs Strategic Reduction in Veritone Inc Shares | 11/05/2024 |
8 | Veritone Non-GAAP EPS of -0.19 misses by 0.04, revenue of 22M misses by 8.99M | 11/12/2024 |
9 | Veritone Inc Q3 2024 Earnings Call Highlights Strategic Divestiture and Public Sector ... | 11/13/2024 |
10 | Veritone to Participate in Needhams 6th Annual Virtual Infrastructure, Data Analytics Software, and Cloud Communications Conference | 11/19/2024 |
11 | Veritone Introduces Data Refinery, Tackling AIs Data Drought | 11/20/2024 |
About Veritone Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Veritone or other stocks. Alpha measures the amount that position in Veritone has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 10.74 | 5.92 | 6.08 | 5.77 | Receivables Turnover | 1.03 | 1.97 | 1.53 | 1.1 |
Veritone Upcoming Company Events
As portrayed in its financial statements, the presentation of Veritone's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Veritone's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Veritone's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Veritone. Please utilize our Beneish M Score to check the likelihood of Veritone's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Veritone
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Veritone Backtesting, Veritone Valuation, Veritone Correlation, Veritone Hype Analysis, Veritone Volatility, Veritone History and analyze Veritone Performance. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.