Veren Inc Stock Price on October 2, 2024
| VRN Stock | 5.25 0.06 1.16% |
Below is the normalized historical share price chart for Veren Inc extending back to September 12, 2003. 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 Veren stands at 5.25, as last reported on the 28th of November, with the highest price reaching 5.33 and the lowest price hitting 5.19 during the day.
If you're considering investing in Veren Stock, it is important to understand the factors that can impact its price. Veren Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Veren Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veren's Coefficient Of Variation of (597.14), risk adjusted performance of (0.12), and Variance of 7.07 to confirm the risk estimate we provide.
At this time, Veren's Common Stock Total Equity is very stable compared to the past year. As of the 28th of November 2024, Capital Stock is likely to grow to about 18.3 B, while Total Stockholder Equity is likely to drop about 5.3 B. . At this time, Veren's Price To Sales Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Earnings Ratio is likely to grow to 9.27, while Price Book Value Ratio is likely to drop 0.54. Veren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of July 2006 | 200 Day MA 7.3181 | 50 Day MA 5.8934 | Beta 2.669 |
Veren |
Sharpe Ratio = -0.1654
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| Negative Returns | VRN |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Veren 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 Veren by adding Veren to a well-diversified portfolio.
Price Book 0.6705 | Enterprise Value Ebitda 3.6499 | Price Sales 0.839 | Shares Float 611.5 M | Dividend Share 0.545 |
Related Headline
Chart Industries Headline on 2nd of October 2024
Disposition of 429 shares by Joseph Belling of Chart Industr... by Joseph Belling
Filed transaction by Chart Industries Officer Chief Commercial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Veren Valuation on October 2, 2024
It is possible to determine the worth of Veren on a given historical date. On October 2, 2024 Veren was worth 6.53 at the beginning of the trading date compared to the closed value of 6.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veren stock. Still, in general, we apply an absolute valuation method to find Veren'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 Veren where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veren's related companies.
| Open | High | Low | Close | Volume | |
| 6.09 | 6.47 | 6.05 | 6.43 | 7,823,335 | |
10/02/2024 | 6.53 | 6.59 | 6.33 | 6.41 | 5,276,563 |
| 6.41 | 6.60 | 6.38 | 6.58 | 5,365,545 |
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Veren Trading Date Momentum on October 2, 2024
| On October 03 2024 Veren Inc was traded for 6.58 at the closing time. Highest Veren's price during the trading hours was 6.60 and the lowest price during the day was 6.38 . The net volume was 5.4 M. The overall trading history on the 3rd of October contributed to the next trading period price boost. The trading price change to the next next day price was 2.65% . The trading price change to current price is 0.94% . |
Veren Inc Fundamentals Correlations and Trends
By evaluating Veren'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 Veren's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Veren Stock history
Veren 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 Veren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veren Inc 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 Veren stock prices may prove useful in developing a viable investing in Veren
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 548.3 M | 338.7 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1.4 B |
Veren Stock Technical Analysis
Veren 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
Veren Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Veren November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Veren stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veren shares will generate the highest return on investment. By undertsting and applying Veren stock market strength indicators, traders can identify Veren Inc entry and exit signals to maximize returns
Veren Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Veren's price direction in advance. Along with the technical and fundamental analysis of Veren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veren 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 | (0.12) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.70) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veren Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Exploration & Production 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 Veren. If investors know Veren 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 Veren 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 0.075 | Dividend Share 0.545 | Earnings Share 0.54 | Revenue Per Share 6.388 | Quarterly Revenue Growth 0.012 |
The market value of Veren Inc is measured differently than its book value, which is the value of Veren that is recorded on the company's balance sheet. Investors also form their own opinion of Veren's value that differs from its market value or its book value, called intrinsic value, which is Veren'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 Veren's market value can be influenced by many factors that don't directly affect Veren'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 Veren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veren'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.