Virco Stock Performance

VIRC -  USA Stock  

USD 3.20  0.11  3.56%

The entity has a beta of -0.3427, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Virco's beta means in this case. As returns on the market increase, returns on owning Virco MFG are expected to decrease at a much lower rate. During the bear market, Virco MFG is likely to outperform the market. Even though it is essential to pay attention to Virco MFG Cp current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Virco MFG Cp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Virco MFG Cp has an expected return of -0.0914%. Please be advised to validate Virco MFG skewness, and the relationship between the potential upside and rate of daily change to decide if Virco MFG Cp performance from the past will be repeated at some point in the near future.

Virco Stock Performance 

 
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Virco Performance
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Over the last 90 days Virco MFG Cp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Virco MFG is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Virco Price Channel

Quick Ratio0.80
Fifty Two Week Low2.6400
Target High Price7.00
Fifty Two Week High4.6100
Target Low Price7.00
Trailing Annual Dividend Yield0.49%

Virco MFG Relative Risk vs. Return Landscape

If you would invest  331.00  in Virco MFG Cp on October 24, 2021 and sell it today you would lose (22.00)  from holding Virco MFG Cp or give up 6.65% of portfolio value over 90 days. Virco MFG Cp is currently does not generate positive expected returns and assumes 1.9922% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Virco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Virco MFG is expected to under-perform the market. In addition to that, the company is 2.34 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Virco MFG Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Virco MFG's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Virco MFG Cp, and traders can use it to determine the average amount a Virco MFG's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0459

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Negative ReturnsVIRC
Estimated Market Risk
 1.99
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 17 %
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Expected Return
 -0.09
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 0 %
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Based on monthly moving average Virco MFG is performing at about 0% of its full potential. 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 Virco MFG by adding it to a well-diversified portfolio.

About Virco MFG Performance

To evaluate Virco MFG Cp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Virco MFG generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Virco Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Virco MFG Cp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Virco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. Corporation was founded in 1950 and is headquartered in Torrance, California. Virco MFG operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 775 people.

Things to note about Virco MFG Cp

Checking the ongoing alerts about Virco MFG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virco MFG Cp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Virco MFG Alerts

Equity Alerts and Improvement Suggestions

Virco MFG Cp generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 163.02 M. Net Loss for the year was (4.39 M) with profit before overhead, payroll, taxes, and interest of 54.92 M.
Virco MFG Cp currently holds about 1.74 M in cash with (4.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Roughly 15.0% of the company outstanding shares are owned by insiders
Latest headline from www.marketbeat.com: Virco Mfg. Co. Short Interest Update - MarketBeat
Also, please take a look at World Market Map. Note that the Virco MFG Cp information on this page should be used as a complementary analysis to other Virco MFG's 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Virco MFG Cp price analysis, check to measure Virco MFG'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 Virco MFG is operating at the current time. Most of Virco MFG's value examination focuses on studying past and present price action to predict the probability of Virco MFG's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Virco MFG's price. Additionally, you may evaluate how the addition of Virco MFG to your portfolios can decrease your overall portfolio volatility.
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Is Virco MFG'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 Virco MFG. If investors know Virco 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 Virco MFG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Virco MFG Cp is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco MFG's value that differs from its market value or its book value, called intrinsic value, which is Virco MFG'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 Virco MFG's market value can be influenced by many factors that don't directly affect Virco MFG'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 Virco MFG's value and its price as these two are different measures arrived at by different means. Investors typically determine Virco MFG value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco MFG'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.