Verisign Stock Market Value
VRSN Stock | USD 171.23 1.44 0.85% |
Symbol | VeriSign |
VeriSign Price To Book Ratio
Is VeriSign's 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 VeriSign. If investors know VeriSign 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 VeriSign 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 0.129 | Earnings Share 8.12 | Revenue Per Share 14.779 | Quarterly Revenue Growth 0.055 | Return On Assets 0.3652 |
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign's 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 VeriSign's market value can be influenced by many factors that don't directly affect VeriSign's 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 VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign's 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.
VeriSign '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 VeriSign's 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 VeriSign.
04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in VeriSign on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding VeriSign or generate 0.0% return on investment in VeriSign over 30 days. VeriSign is related to or competes with Skillz Platform, SoFi Technologies, ContextlogicInc, Clover Health, and Opendoor Technologies. VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that ... More
VeriSign 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 VeriSign's 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 VeriSign upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.30) | |||
Maximum Drawdown | 5.29 | |||
Value At Risk | (1.81) | |||
Potential Upside | 1.12 |
VeriSign Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VeriSign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VeriSign's standard deviation. In reality, there are many statistical measures that can use VeriSign historical prices to predict the future VeriSign's volatility.Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (0.33) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VeriSign's 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.
VeriSign Backtested Returns
VeriSign owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. VeriSign exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VeriSign's Coefficient Of Variation of (456.67), risk adjusted performance of (0.13), and Variance of 1.12 to confirm the risk estimate we provide. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VeriSign's returns are expected to increase less than the market. However, during the bear market, the loss of holding VeriSign is expected to be smaller as well. VeriSign has an expected return of -0.21%. Please make sure to validate VeriSign value at risk and rate of daily change , to decide if VeriSign performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
VeriSign has below average predictability. Overlapping area represents the amount of predictability between VeriSign time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th of May 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 VeriSign price movement. The serial correlation of 0.36 indicates that just about 36.0% of current VeriSign price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.36 | |
Spearman Rank Test | -0.06 | |
Residual Average | 0.0 | |
Price Variance | 5.46 |
VeriSign lagged returns against current returns
Autocorrelation, which is VeriSign 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 VeriSign's stock expected returns. We can calculate the autocorrelation of VeriSign returns to help us make a trade decision. For example, suppose you find that VeriSign 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 |
VeriSign 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 VeriSign stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VeriSign stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VeriSign stock over time.
Current vs Lagged Prices |
Timeline |
VeriSign Lagged Returns
When evaluating VeriSign's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VeriSign stock have on its future price. VeriSign 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, VeriSign autocorrelation shows the relationship between VeriSign stock current value and its past values and can show if there is a momentum factor associated with investing in VeriSign.
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 VeriSign offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VeriSign's 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 Verisign Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verisign Stock:Check out VeriSign Correlation, VeriSign Volatility and VeriSign Alpha and Beta module to complement your research on VeriSign. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for VeriSign Stock analysis
When running VeriSign's price analysis, check to measure VeriSign'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 VeriSign is operating at the current time. Most of VeriSign's value examination focuses on studying past and present price action to predict the probability of VeriSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VeriSign's price. Additionally, you may evaluate how the addition of VeriSign to your portfolios can decrease your overall portfolio volatility.
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VeriSign 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.