Veralto Stock Price on September 16, 2024
VLTO Stock | 106.41 0.40 0.38% |
If you're considering investing in Veralto Stock, it is important to understand the factors that can impact its price. As of today, the current price of Veralto stands at 106.41, as last reported on the 23rd of November, with the highest price reaching 107.44 and the lowest price hitting 105.51 during the day. Veralto owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0576, which indicates the firm had a -0.0576% return per unit of risk over the last 3 months. Veralto exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veralto's Variance of 1.05, coefficient of variation of (1,855), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
At this time, Veralto's Common Stock Shares Outstanding is very stable compared to the past year. As of the 23rd of November 2024, Total Stockholder Equity is likely to grow to about 2.1 B, while Liabilities And Stockholders Equity is likely to drop about 5.6 B. . At this time, Veralto's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of November 2024, Price Earnings Ratio is likely to grow to 26.87, though Price Earnings To Growth Ratio is likely to grow to (38.77). Veralto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Veralto |
Sharpe Ratio = -0.0576
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | VLTO |
Estimated Market Risk
1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Veralto 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 Veralto by adding Veralto to a well-diversified portfolio.
Price Book 13.4678 | Enterprise Value Ebitda 22.0271 | Price Sales 5.1238 | Shares Float 237 M | Dividend Share 0.36 |
Veralto Valuation on September 16, 2024
It is possible to determine the worth of Veralto on a given historical date. On September 16, 2024 Veralto was worth 110.44 at the beginning of the trading date compared to the closed value of 109.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veralto stock. Still, in general, we apply an absolute valuation method to find Veralto'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 Veralto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veralto's related companies.
Open | High | Low | Close | Volume | |
109.91 | 110.68 | 109.21 | 109.93 | 1,163,100 | |
09/16/2024 | 110.44 | 111.48 | 109.67 | 109.87 | 1,494,100 |
110.93 | 111.40 | 108.75 | 108.85 | 1,123,300 |
Backtest Veralto | | | Veralto History | | | Veralto Valuation | Previous | Next |
Veralto Trading Date Momentum on September 16, 2024
On September 17 2024 Veralto was traded for 108.85 at the closing time. The top price for the day was 111.40 and the lowest listed price was 108.75 . The trading volume for the day was 1.1 M. The trading history from September 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.93% . The trading price change against the current closing price is 1.31% . |
Veralto Fundamentals Correlations and Trends
By evaluating Veralto'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 Veralto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veralto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Veralto Stock history
Veralto 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 Veralto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veralto 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 Veralto stock prices may prove useful in developing a viable investing in Veralto
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 246.4 M | 270.8 M | |
Net Income Applicable To Common Shares | 971.8 M | 891 M |
Veralto Quarterly Net Working Capital |
|
Veralto Stock Technical Analysis
Veralto 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
Veralto Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Veralto cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Veralto November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Veralto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veralto shares will generate the highest return on investment. By undertsting and applying Veralto stock market strength indicators, traders can identify Veralto entry and exit signals to maximize returns
Veralto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Veralto's price direction in advance. Along with the technical and fundamental analysis of Veralto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veralto 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 | (0.04) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (0.12) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Environmental & Facilities Services 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 Veralto. If investors know Veralto 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 Veralto 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 0.06 | Dividend Share 0.36 | Earnings Share 3.23 | Revenue Per Share 20.787 | Quarterly Revenue Growth 0.047 |
The market value of Veralto is measured differently than its book value, which is the value of Veralto that is recorded on the company's balance sheet. Investors also form their own opinion of Veralto's value that differs from its market value or its book value, called intrinsic value, which is Veralto'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 Veralto's market value can be influenced by many factors that don't directly affect Veralto'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 Veralto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veralto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veralto'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.