Verra Mobility Stock Forecast - Price Action Indicator
| VRRM Stock | USD 25.93 1.84 7.64% |
Verra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Verra Mobility stock prices and determine the direction of Verra Mobility Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Verra Mobility's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Verra Mobility's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Verra Mobility's systematic risk associated with finding meaningful patterns of Verra Mobility fundamentals over time.
Check out Historical Fundamental Analysis of Verra Mobility to cross-verify your projections. Verra |
Open Interest Against 2024-05-17 Verra Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Verra Mobility's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Verra Mobility's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Verra Mobility stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Verra Mobility's open interest, investors have to compare it to Verra Mobility's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Verra Mobility is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Verra. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Verra Mobility cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Verra Mobility's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Verra Mobility's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Verra Mobility Volatility | Backtest Verra Mobility | Information Ratio |
Verra Mobility Trading Date Momentum
| On May 03 2024 Verra Mobility Corp was traded for 25.93 at the closing time. The top price for the day was 25.98 and the lowest listed price was 24.61 . The trading volume for the day was 1.3 M. The trading history from May 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 7.10% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Verra Mobility to competition |
Other Forecasting Options for Verra Mobility
For every potential investor in Verra, whether a beginner or expert, Verra Mobility's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Verra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Verra. Basic forecasting techniques help filter out the noise by identifying Verra Mobility's price trends.Verra Mobility Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Verra Mobility stock to make a market-neutral strategy. Peer analysis of Verra Mobility could also be used in its relative valuation, which is a method of valuing Verra Mobility by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Verra Mobility Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Verra Mobility's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Verra Mobility's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Verra Mobility Market Strength Events
Market strength indicators help investors to evaluate how Verra Mobility stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Verra Mobility shares will generate the highest return on investment. By undertsting and applying Verra Mobility stock market strength indicators, traders can identify Verra Mobility Corp entry and exit signals to maximize returns.
Verra Mobility Risk Indicators
The analysis of Verra Mobility's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Verra Mobility's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting verra stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.33 | |||
| Semi Deviation | 1.97 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.27 | |||
| Downside Variance | 4.06 | |||
| Semi Variance | 3.89 | |||
| Expected Short fall | (1.28) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Verra Mobility Corp is a strong investment it is important to analyze Verra Mobility's 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 Verra Mobility's future performance. For an informed investment choice regarding Verra Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Verra Mobility to cross-verify your projections. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Verra Stock analysis
When running Verra Mobility's price analysis, check to measure Verra Mobility'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 Verra Mobility is operating at the current time. Most of Verra Mobility's value examination focuses on studying past and present price action to predict the probability of Verra Mobility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verra Mobility's price. Additionally, you may evaluate how the addition of Verra Mobility to your portfolios can decrease your overall portfolio volatility.
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Is Verra Mobility'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 Verra Mobility. If investors know Verra 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 Verra Mobility 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 (0.85) | Earnings Share 0.36 | Revenue Per Share 5.148 | Quarterly Revenue Growth 0.134 | Return On Assets 0.0792 |
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility'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 Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility'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 Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility'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.