Verifyme Stock Market Value
| VRME Stock | USD 0.63 0.01 1.61% |
| Symbol | VerifyMe |
VerifyMe Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 VerifyMe. If investors know VerifyMe 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 VerifyMe 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 (0.97) | Earnings Share (0.32) | Revenue Per Share 2.533 | Quarterly Revenue Growth 0.003 | Return On Assets (0.05) |
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe'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 VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe'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 VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe'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.
VerifyMe 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to VerifyMe's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of VerifyMe.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in VerifyMe on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding VerifyMe or generate 0.0% return on investment in VerifyMe over 30 days. VerifyMe is related to or competes with Jabil Circuit, Sanmina, and Methode Electronics. VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that spe... More
VerifyMe Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure VerifyMe's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess VerifyMe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 23.66 | |||
| Value At Risk | (11.43) | |||
| Potential Upside | 5.65 |
VerifyMe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VerifyMe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VerifyMe's standard deviation. In reality, there are many statistical measures that can use VerifyMe historical prices to predict the future VerifyMe's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | (0.91) |
VerifyMe Backtested Returns
VerifyMe owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. VerifyMe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VerifyMe's Risk Adjusted Performance of (0.14), variance of 22.96, and Coefficient Of Variation of (503.74) to confirm the risk estimate we provide. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. VerifyMe returns are very sensitive to returns on the market. As the market goes up or down, VerifyMe is expected to follow. At this point, VerifyMe has a negative expected return of -0.99%. Please make sure to validate VerifyMe's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if VerifyMe performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
VerifyMe has insignificant predictability. Overlapping area represents the amount of predictability between VerifyMe time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VerifyMe price movement. The serial correlation of 0.12 indicates that less than 12.0% of current VerifyMe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
VerifyMe lagged returns against current returns
Autocorrelation, which is VerifyMe stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting VerifyMe's stock expected returns. We can calculate the autocorrelation of VerifyMe returns to help us make a trade decision. For example, suppose you find that VerifyMe has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
VerifyMe regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If VerifyMe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VerifyMe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VerifyMe stock over time.
Current vs Lagged Prices |
| Timeline |
VerifyMe Lagged Returns
When evaluating VerifyMe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VerifyMe stock have on its future price. VerifyMe autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, VerifyMe autocorrelation shows the relationship between VerifyMe stock current value and its past values and can show if there is a momentum factor associated with investing in VerifyMe.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VerifyMe is a strong investment it is important to analyze VerifyMe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:Check out VerifyMe Correlation, VerifyMe Volatility and VerifyMe Alpha and Beta module to complement your research on VerifyMe. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
VerifyMe 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.