Viavi Solutions Stock Technical Analysis

VIAV Stock  USD 7.95  0.12  1.49%   
As of the 23rd of April, Viavi Solutions has the Coefficient Of Variation of (1,256), risk adjusted performance of (0.04), and Variance of 9.6. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Viavi Solutions, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Viavi Solutions, which can be compared to its competition. Please validate Viavi Solutions mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Viavi Solutions is priced more or less accurately, providing market reflects its prevalent price of 7.95 per share. Given that Viavi Solutions has information ratio of (0.11), we advise you to double-check Viavi Solutions's current market performance to make sure the company can sustain itself at a future point.

Viavi Solutions Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Viavi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Viavi
  
Viavi Solutions' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Viavi Solutions Analyst Consensus

Target PriceAdvice# of Analysts
12.1Strong Buy9Odds
Viavi Solutions current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Viavi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Viavi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Viavi Solutions, talking to its executives and customers, or listening to Viavi conference calls.
Viavi Analyst Advice Details
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.
A focus of Viavi Solutions technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Viavi Solutions trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Viavi Solutions Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Viavi Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Viavi Solutions Trend Analysis

Use this graph to draw trend lines for Viavi Solutions. You can use it to identify possible trend reversals for Viavi Solutions as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Viavi Solutions price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Viavi Solutions Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Viavi Solutions applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Viavi Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.65, which is the sum of squared deviations for the predicted Viavi Solutions price change compared to its average price change.

About Viavi Solutions Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Viavi Solutions on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Viavi Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Viavi Solutions price pattern first instead of the macroeconomic environment surrounding Viavi Solutions. By analyzing Viavi Solutions's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Viavi Solutions's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Viavi Solutions specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.0031048.0E-57.6E-5
Price To Sales Ratio2.982.644.26

Viavi Solutions April 23, 2024 Technical Indicators

Most technical analysis of Viavi help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Viavi from various momentum indicators to cycle indicators. When you analyze Viavi charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Viavi Solutions April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Viavi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Viavi Solutions is a strong investment it is important to analyze Viavi Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viavi Solutions' future performance. For an informed investment choice regarding Viavi Stock, refer to the following important reports:
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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.