Veritone Stock Price on September 16, 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.
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 Coefficient Of Variation of 12930.94, risk adjusted performance of 0.0148, and Semi Deviation of 7.1 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.
IPO Date 12th of May 2017 | 200 Day MA 3.2295 | 50 Day MA 3.6374 | Beta 3.331 |
Veritone |
Sharpe Ratio = 0.0051
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Negative Returns | VERI |
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
Bridgeline Digital Headline on 16th of September 2024
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Bridgeline Digital could be a great choice. It is one of the several stocks that passed through our Fast-Paced Momentum at a Bargain screen.
Veritone Valuation on September 16, 2024
It is possible to determine the worth of Veritone on a given historical date. On September 16, 2024 Veritone was worth 3.37 at the beginning of the trading date compared to the closed value of 3.67. 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 | |
3.42 | 3.72 | 3.35 | 3.41 | 796,094 | |
09/16/2024 | 3.37 | 3.77 | 3.25 | 3.67 | 730,046 |
3.74 | 3.93 | 3.64 | 3.84 | 710,175 |
Backtest Veritone | | | Veritone History | | | Veritone Valuation | Previous | Next |
Veritone Trading Date Momentum on September 16, 2024
On September 17 2024 Veritone was traded for 3.84 at the closing time. The top price for the day was 3.93 and the lowest listed price was 3.64 . The trading volume for the day was 710.2 K. The trading history from September 17, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 4.63% . The trading price change against the current closing price is 0.54% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 36.9 M | 22.4 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.
Price Boundaries
Veritone Period Price Range
Low | November 28, 2024
| 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.
Risk Adjusted Performance | 0.0148 | |||
Jensen Alpha | 0.0762 | |||
Total Risk Alpha | (0.96) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.14) |
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Volume Indicators |
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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