Verizon Communications Stock Market Value
| VZ Stock | USD 40.13 0.35 0.88% |
| Symbol | Verizon |
Verizon Communications Price To Book Ratio
Is Verizon Communications' 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 Verizon Communications. If investors know Verizon 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 Verizon Communications 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 (0.03) | Dividend Share 2.635 | Earnings Share 2.75 | Revenue Per Share 31.815 | Quarterly Revenue Growth (0) |
The market value of Verizon Communications is measured differently than its book value, which is the value of Verizon that is recorded on the company's balance sheet. Investors also form their own opinion of Verizon Communications' value that differs from its market value or its book value, called intrinsic value, which is Verizon Communications' 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 Verizon Communications' market value can be influenced by many factors that don't directly affect Verizon Communications' 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 Verizon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Verizon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verizon Communications' 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.
Verizon Communications '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 Verizon Communications' 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 Verizon Communications.
| 04/25/2023 |
| 04/19/2024 |
If you would invest 0.00 in Verizon Communications on April 25, 2023 and sell it all today you would earn a total of 0.00 from holding Verizon Communications or generate 0.0% return on investment in Verizon Communications over 360 days. Verizon Communications is related to or competes with Grab Holdings, Cadence Design, Thrivent High, Morningstar Unconstrained, High Yield, Via Renewables, and T Rowe. Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment... More
Verizon Communications 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 Verizon Communications' 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 Verizon Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.08 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.57 |
Verizon Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Verizon Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verizon Communications' standard deviation. In reality, there are many statistical measures that can use Verizon Communications historical prices to predict the future Verizon Communications' volatility.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.0288 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1244 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Verizon Communications' 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.
Verizon Communications Backtested Returns
We consider Verizon Communications very steady. Verizon Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0434, which indicates the firm had a 0.0434% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Verizon Communications, which you can use to evaluate the volatility of the company. Please validate Verizon Communications' Risk Adjusted Performance of 0.0365, semi deviation of 0.946, and Coefficient Of Variation of 1972.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.0562%. Verizon Communications has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Verizon Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Verizon Communications is expected to be smaller as well. Verizon Communications right now has a risk of 1.29%. Please validate Verizon Communications value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to decide if Verizon Communications will be following its existing price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Verizon Communications has excellent reverse predictability. Overlapping area represents the amount of predictability between Verizon Communications time series from 25th of April 2023 to 22nd of October 2023 and 22nd of October 2023 to 19th of April 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 Verizon Communications price movement. The serial correlation of -0.84 indicates that around 84.0% of current Verizon Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 6.24 |
Verizon Communications lagged returns against current returns
Autocorrelation, which is Verizon Communications 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 Verizon Communications' stock expected returns. We can calculate the autocorrelation of Verizon Communications returns to help us make a trade decision. For example, suppose you find that Verizon Communications 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 |
Verizon Communications 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 Verizon Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verizon Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verizon Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Verizon Communications Lagged Returns
When evaluating Verizon Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verizon Communications stock have on its future price. Verizon Communications 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, Verizon Communications autocorrelation shows the relationship between Verizon Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Verizon Communications.
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 Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verizon Communications' 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 Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:Check out Verizon Communications Correlation, Verizon Communications Volatility and Verizon Communications Alpha and Beta module to complement your research on Verizon Communications. For more information on how to buy Verizon Stock please use our How to Invest in Verizon Communications guide.Note that the Verizon Communications information on this page should be used as a complementary analysis to other Verizon Communications' 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Verizon Stock analysis
When running Verizon Communications' price analysis, check to measure Verizon Communications' 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 Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.
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Verizon Communications 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.