Veritone Stock Performance
| VERI Stock | USD 2.74 0.07 2.62% |
The entity has a beta of 3.87, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Veritone will likely underperform. At this point, Veritone has a negative expected return of -0.05%. Please make sure to validate Veritone's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Veritone performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Veritone has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Veritone is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
Actual Historical Performance (%)
One Day Return 0.56 | Five Day Return (12.25) | Year To Date Return 47.53 | Ten Year Return (79.46) | All Time Return (79.46) |
Last Split Factor 0.6:1 | Last Split Date 2017-04-20 |
1 | Disposition of 5040 shares by Ryan Steelberg of Veritone at 3.1 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Gehl Jeff Patrick of 12196 shares of Veritone subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 5040 shares by Ryan Steelberg of Veritone at 3.59 subject to Rule 16b-3 | 09/30/2024 |
4 | Veritaseum Hits Self Reported Market Cap of 34.34 Million | 10/10/2024 |
5 | Acquisition by Taketa Richard H of 3575 shares of Veritone subject to Rule 16b-3 | 10/21/2024 |
6 | Veritone, Inc. Enhances AI-Powered Video Forensics Tool for Law Enforcement, Improving Speed and Accuracy in Investigations | 10/23/2024 |
7 | Court TV Strikes Deal With Veritone To Store License Content | 10/29/2024 |
8 | Exclusive Richemont will automate a part of its hiring process across brands like Cartier and Van Cleef Arpels | 10/31/2024 |
9 | Veritaseum Hits Self Reported Market Cap of 32.14 Million | 11/04/2024 |
10 | Veritone earnings missed by 0.17, revenue fell short of estimates | 11/12/2024 |
11 | Veritone Achieves AWS Media and Entertainment Services Competency | 11/13/2024 |
12 | Veritone, Inc. Expands Global Presence with AI-Driven Programmatic Job Advertising in Australia | 11/15/2024 |
13 | Veritone Introduces Data Refinery, Tackling AIs Data Drought | 11/20/2024 |
| Begin Period Cash Flow | 185.3 M |
Veritone |
Veritone Relative Risk vs. Return Landscape
If you would invest 330.00 in Veritone on August 23, 2024 and sell it today you would lose (56.00) from holding Veritone or give up 16.97% of portfolio value over 90 days. Veritone is currently does not generate positive expected returns and assumes 6.8418% risk (volatility on return distribution) over the 90 days horizon. In different words, 60% of stocks are less volatile than Veritone, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Veritone Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veritone's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Veritone, and traders can use it to determine the average amount a Veritone's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0073
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VERI |
Estimated Market Risk
| 6.84 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.05 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.
Veritone Fundamentals Growth
Veritone Stock prices reflect investors' perceptions of the future prospects and financial health of Veritone, and Veritone fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Veritone Stock performance.
| Return On Equity | -3.58 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.45) % | ||||
| Operating Margin | (0.53) % | ||||
| Current Valuation | 233.08 M | ||||
| Shares Outstanding | 38.08 M | ||||
| Price To Earning | (3.01) X | ||||
| Price To Book | 7.78 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 127.56 M | ||||
| Gross Profit | 122.3 M | ||||
| EBITDA | (31.56 M) | ||||
| Net Income | (58.62 M) | ||||
| Cash And Equivalents | 220.46 M | ||||
| Cash Per Share | 6.10 X | ||||
| Total Debt | 143.05 M | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 1.78 X | ||||
| Book Value Per Share | (0.15) X | ||||
| Cash Flow From Operations | (76.42 M) | ||||
| Earnings Per Share | (1.59) X | ||||
| Market Capitalization | 108.33 M | ||||
| Total Asset | 375.81 M | ||||
| Retained Earnings | (429.9 M) | ||||
| Working Capital | (6.05 M) | ||||
| Current Asset | 68.59 M | ||||
| Current Liabilities | 45.89 M | ||||
About Veritone Performance
By evaluating Veritone's fundamental ratios, stakeholders can gain valuable insights into Veritone's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Veritone has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Veritone has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.28) | (0.29) | |
| Return On Capital Employed | (0.49) | (0.47) | |
| Return On Assets | (0.16) | (0.16) | |
| Return On Equity | (1.54) | (1.46) |
Things to note about Veritone performance evaluation
Checking the ongoing alerts about Veritone for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Veritone help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Veritone generated a negative expected return over the last 90 days | |
| Veritone has high historical volatility and very poor performance | |
| Veritone has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 127.56 M. Net Loss for the year was (58.62 M) with profit before overhead, payroll, taxes, and interest of 122.3 M. | |
| Veritone currently holds about 220.46 M in cash with (76.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by insiders | |
| Latest headline from forbes.com: Veritone Introduces Data Refinery, Tackling AIs Data Drought |
- Analyzing Veritone's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Veritone's stock is overvalued or undervalued compared to its peers.
- Examining Veritone's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Veritone's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Veritone's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Veritone's stock. These opinions can provide insight into Veritone's potential for growth and whether the stock is currently undervalued or overvalued.
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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