Viavi Solutions Stock Price on August 8, 2024
| VIAV Stock | USD 7.90 0.12 1.50% |
Below is the normalized historical share price chart for Viavi Solutions extending back to November 17, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Viavi Solutions stands at 7.90, as last reported on the 1st of May, with the highest price reaching 8.03 and the lowest price hitting 7.87 during the day.
If you're considering investing in Viavi Stock, it is important to understand the factors that can impact its price. Viavi Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Viavi Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Viavi Solutions' Coefficient Of Variation of (967.39), variance of 9.51, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
At this time, Viavi Solutions' Liabilities And Stockholders Equity is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to climb to 0.03 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 590.6 M in 2024. . At this time, Viavi Solutions' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 4.26 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (48.03). Viavi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of November 1993 | 200 Day MA 9.3484 | 50 Day MA 9.259 | Beta 0.947 |
Viavi |
Sharpe Ratio = -0.1022
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| Negative Returns | VIAV |
Estimated Market Risk
| 3.16 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Viavi Solutions 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 Viavi Solutions by adding Viavi Solutions to a well-diversified portfolio.
Price Book 2.5834 | Enterprise Value Ebitda 16.5263 | Price Sales 1.8551 | Shares Float 219.2 M | Wall Street Target Price 12.83 |
Viavi Solutions Valuation on August 8, 2024
It is possible to determine the worth of Viavi Solutions on a given historical date. On August 8, 2024 Viavi was worth 7.91 at the beginning of the trading date compared to the closed value of 7.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viavi Solutions stock. Still, in general, we apply an absolute valuation method to find Viavi Solutions' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Viavi Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viavi Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 8.08 | 8.13 | 7.98 | 8.02 | 1,237,925 | |
04/30/2024 | 7.91 | 8.03 | 7.87 | 7.90 | 2,277,514 |
| Backtest Viavi Solutions | | | Viavi Solutions History | | | Viavi Solutions Valuation | Previous |
Viavi Solutions Trading Date Momentum on August 8, 2024
| On April 30 2024 Viavi Solutions was traded for 7.90 at the closing time. The top price for the day was 8.03 and the lowest listed price was 7.87 . The trading volume for the day was 2.3 M. The trading history from April 30, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.13% . |
Viavi Solutions Fundamentals Correlations and Trends
By evaluating Viavi Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Viavi Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Viavi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Viavi Solutions Stock history
Viavi Solutions investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Viavi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viavi Solutions will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Viavi Solutions stock prices may prove useful in developing a viable investing in Viavi Solutions
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260.6 M | 180.5 M | |
| Net Income Applicable To Common Shares | 29.3 M | 15.2 M |
Viavi Solutions Quarterly Net Working Capital |
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Viavi Solutions Stock Technical Analysis
Viavi Solutions 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.
Price Boundaries
Viavi Solutions Period Price Range
Low | April 30, 2024
| High |
7.91 | 7.90 |
Viavi Solutions May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Viavi Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Viavi Solutions shares will generate the highest return on investment. By undertsting and applying Viavi Solutions stock market strength indicators, traders can identify Viavi Solutions entry and exit signals to maximize returns
Viavi Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Viavi Solutions' price direction in advance. Along with the technical and fundamental analysis of Viavi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Viavi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.25) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viavi Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.