Veritone Stock Price on September 4, 2024

VERI Stock  USD 2.73  0.06  2.25%   
Below is the normalized historical share price chart for Veritone extending back to May 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Veritone stands at 2.73, as last reported on the 28th of November, with the highest price reaching 2.91 and the lowest price hitting 2.70 during the day.
IPO Date
12th of May 2017
200 Day MA
3.2295
50 Day MA
3.6374
Beta
3.331
 
Covid
If you're considering investing in Veritone Stock, it is important to understand the factors that can impact its price. Veritone is dangerous at the moment. Veritone owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0051, which indicates the firm had a 0.0051% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Veritone, which you can use to evaluate the volatility of the company. Please validate Veritone's Semi Deviation of 7.1, risk adjusted performance of 0.0148, and Coefficient Of Variation of 12930.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0344%.
  
As of now, Veritone's Total Stockholder Equity is increasing as compared to previous years. The Veritone's current Stock Based Compensation is estimated to increase to about 17.6 M, while Common Stock Shares Outstanding is projected to decrease to under 22.4 M. . As of now, Veritone's Price Book Value Ratio is increasing as compared to previous years. The Veritone's current Price To Book Ratio is estimated to increase to 1.97, while Price To Sales Ratio is projected to decrease to 0.50. Veritone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0051

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Negative ReturnsVERI

Estimated Market Risk

 6.78
  actual daily
60
60% of assets are less volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Veritone is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Veritone by adding Veritone to a well-diversified portfolio.
Price Book
7.7775
Enterprise Value Ebitda
(7.59)
Price Sales
0.7752
Shares Float
33 M
Wall Street Target Price
3.5

Related Headline

Appian Corp Headline on 4th of September 2024

Filed transaction by Appian Corp 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Veritone Valuation on September 4, 2024

It is possible to determine the worth of Veritone on a given historical date. On September 4, 2024 Veritone was worth 2.87 at the beginning of the trading date compared to the closed value of 2.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veritone stock. Still, in general, we apply an absolute valuation method to find Veritone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Veritone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veritone's related companies.
 Open High Low Close Volume
  3.10    3.11    2.85    2.95    374,138  
09/04/2024
  2.87    3.00    2.85    2.95    293,549  
  2.98    3.20    2.90    2.90    435,037  
Backtest Veritone  |  Veritone History  |  Veritone Valuation   PreviousNext  
Open Value
2.87
2.95
Closing Value
23.20
Upside

Veritone Trading Date Momentum on September 4, 2024

On September 05 2024 Veritone was traded for  2.90  at the closing time. The top price for the day was 3.20  and the lowest listed price was  2.90 . The trading volume for the day was 435 K. The trading history from September 5, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.69% . The trading price change against the current closing price is 14.24% .

Veritone Fundamentals Correlations and Trends

By evaluating Veritone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Veritone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veritone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Veritone Stock history

Veritone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Veritone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veritone will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Veritone stock prices may prove useful in developing a viable investing in Veritone
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36.9 M22.4 M
Net Loss-23 M-24.2 M

Veritone Stock Technical Analysis

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.
A focus of Veritone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veritone trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Veritone Period Price Range

Low
November 28, 2024
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High

 0.00 

     

 0.00 

Veritone cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Veritone November 28, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Veritone's price direction in advance. Along with the technical and fundamental analysis of Veritone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veritone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Veritone Stock analysis

When running Veritone's price analysis, check to measure Veritone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
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