VeriSign (Germany) Market Value
| VRS Stock | EUR 175.60 5.65 3.32% |
| Symbol | VeriSign |
VeriSign '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 VeriSign'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 VeriSign.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in VeriSign on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding VeriSign or generate 0.0% return on investment in VeriSign over 180 days. VeriSign is related to or competes with Martin Marietta, PUBLIC STORAGE, Vulcan Materials, Rayonier Advanced, Datadog, National Storage, and Sumitomo Rubber. VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that ... More
VeriSign 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 VeriSign'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 VeriSign upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0083 | |||
| Maximum Drawdown | 6.92 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.43 |
VeriSign Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VeriSign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VeriSign's standard deviation. In reality, there are many statistical measures that can use VeriSign historical prices to predict the future VeriSign's volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 0.0474 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | 0.1884 |
VeriSign Backtested Returns
At this point, VeriSign is very steady. VeriSign owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for VeriSign, which you can use to evaluate the volatility of the company. Please validate VeriSign's Risk Adjusted Performance of 0.0841, coefficient of variation of 961.73, and Semi Deviation of 1.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. VeriSign has a performance score of 10 on a scale of 0 to 100. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VeriSign's returns are expected to increase less than the market. However, during the bear market, the loss of holding VeriSign is expected to be smaller as well. VeriSign right now has a risk of 1.34%. Please validate VeriSign maximum drawdown, semi variance, accumulation distribution, as well as the relationship between the potential upside and skewness , to decide if VeriSign will be following its existing price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
VeriSign has poor reverse predictability. Overlapping area represents the amount of predictability between VeriSign time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 VeriSign price movement. The serial correlation of -0.38 indicates that just about 38.0% of current VeriSign price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 21.15 |
VeriSign lagged returns against current returns
Autocorrelation, which is VeriSign 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 VeriSign's stock expected returns. We can calculate the autocorrelation of VeriSign returns to help us make a trade decision. For example, suppose you find that VeriSign 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 |
VeriSign 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 VeriSign stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VeriSign stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VeriSign stock over time.
Current vs Lagged Prices |
| Timeline |
VeriSign Lagged Returns
When evaluating VeriSign's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VeriSign stock have on its future price. VeriSign 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, VeriSign autocorrelation shows the relationship between VeriSign stock current value and its past values and can show if there is a momentum factor associated with investing in VeriSign.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in VeriSign Stock
When determining whether VeriSign offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VeriSign's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verisign Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verisign Stock:Check out VeriSign Correlation, VeriSign Volatility and VeriSign Alpha and Beta module to complement your research on VeriSign. For more detail on how to invest in VeriSign Stock please use our How to Invest in VeriSign guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
VeriSign 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.