Viavi Solutions Stock Probability of Future Stock Price Finishing Under 8.07
| VIAV Stock | USD 8.02 0.10 1.26% |
Closest to current price Viavi long CALL Option Payoff at Expiration
Viavi |
Viavi Solutions Target Price Odds to finish below 8.07
The tendency of Viavi Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 8.07 after 90 days |
| 8.02 | 90 days | 8.07 | about 8.06 |
Based on a normal probability distribution, the odds of Viavi Solutions to stay under $ 8.07 after 90 days from now is about 8.06 (This Viavi Solutions probability density function shows the probability of Viavi Stock to fall within a particular range of prices over 90 days) . Probability of Viavi Solutions price to stay between its current price of $ 8.02 and $ 8.07 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.36 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Viavi Solutions will likely underperform. Additionally Viavi Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Viavi Solutions Price Density |
| Price |
Predictive Modules for Viavi Solutions
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viavi Solutions. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Viavi Solutions' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Viavi Solutions Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Viavi Solutions is not an exception. The market had few large corrections towards the Viavi Solutions' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Viavi Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Viavi Solutions within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.32 | |
β | Beta against NYSE Composite | 1.36 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | -0.1 |
Viavi Solutions Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Viavi Solutions for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Viavi Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Viavi Solutions generated a negative expected return over the last 90 days | |
| Viavi Solutions has high historical volatility and very poor performance | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Viav Solutions Q3 Earnings and Revenues Miss Estimates |
Viavi Solutions Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Viavi Stock often depends not only on the future outlook of the current and potential Viavi Solutions' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Viavi Solutions' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 226.6 M | |
| Cash And Short Term Investments | 521.1 M |
Viavi Solutions Technical Analysis
Viavi Solutions' future price can be derived by breaking down and analyzing its technical indicators over time. Viavi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Viavi Solutions. In general, you should focus on analyzing Viavi Stock price patterns and their correlations with different microeconomic environments and drivers.
Viavi Solutions Predictive Forecast Models
Viavi Solutions' time-series forecasting models is one of many Viavi Solutions' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Viavi Solutions' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Viavi Solutions
Checking the ongoing alerts about Viavi Solutions for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Viavi Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Viavi Solutions generated a negative expected return over the last 90 days | |
| Viavi Solutions has high historical volatility and very poor performance | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Viav Solutions Q3 Earnings and Revenues Miss Estimates |
Check out Viavi Solutions Backtesting, Viavi Solutions Valuation, Viavi Solutions Correlation, Viavi Solutions Hype Analysis, Viavi Solutions Volatility, Viavi Solutions History as well as Viavi Solutions Performance. For more information on how to buy Viavi Stock please use our How to Invest in Viavi Solutions guide.Note that the Viavi Solutions information on this page should be used as a complementary analysis to other Viavi Solutions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Viavi Stock analysis
When running Viavi Solutions' price analysis, check to measure Viavi Solutions' 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 Viavi Solutions is operating at the current time. Most of Viavi Solutions' value examination focuses on studying past and present price action to predict the probability of Viavi Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viavi Solutions' price. Additionally, you may evaluate how the addition of Viavi Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Viavi Solutions' industry 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 Viavi Solutions. If investors know Viavi 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 Viavi Solutions 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 (0.73) | Earnings Share 0.02 | Revenue Per Share 4.553 | Quarterly Revenue Growth 0.166 | Return On Assets 0.0133 |
The market value of Viavi Solutions is measured differently than its book value, which is the value of Viavi that is recorded on the company's balance sheet. Investors also form their own opinion of Viavi Solutions' value that differs from its market value or its book value, called intrinsic value, which is Viavi Solutions' 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 Viavi Solutions' market value can be influenced by many factors that don't directly affect Viavi Solutions' 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 Viavi Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viavi Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viavi Solutions' 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.