Virco Stock Performance

VIRC -  USA Stock  

USD 3.36  0.04  1.18%

Virco MFG has performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.5627, 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, Virco MFG returns are expected to increase less than the market. However, during the bear market, the loss on holding Virco MFG will be expected to be smaller as well. Although it is extremely important to respect Virco MFG Cp current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Virco MFG Cp technical indicators, you can presently evaluate if the expected return of 0.0449% will be sustainable into the future. Virco MFG Cp right now has a risk of 2.53%. Please validate Virco MFG jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Virco MFG will be following its existing price patterns.

Virco Stock Performance 

 
Refresh
 Virco Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Virco MFG Cp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Virco MFG is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more

Virco Price Channel

Quick Ratio0.81
Fifty Two Week Low1.9400
Target High Price6.00
Fifty Two Week High4.6100
Trailing Annual Dividend Yield0.44%
Target Low Price6.00

Virco MFG Relative Risk vs. Return Landscape

If you would invest  333.00  in Virco MFG Cp on July 20, 2021 and sell it today you would earn a total of  3.00  from holding Virco MFG Cp or generate 0.9% return on investment over 90 days. Virco MFG Cp is currently generating 0.0449% in daily expected returns and assumes 2.5251% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% 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 generate 3.51 times more return on investment than the market. However, the company is 3.51 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

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 = 0.0178

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsVIRC
Estimated Market Risk
 2.53
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average Virco MFG is performing at about 1% 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

The company reported the previous year's revenue of 162.91 M. Net Loss for the year was (1.24 M) with profit before overhead, payroll, taxes, and interest of 54.92 M.
About 15.0% of the company outstanding shares are owned by insiders
Latest headline from www.equities.com: Virco Manufacturing falls 0.87 percent for October 12 - Equities.com
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Virco Stock analysis

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.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
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 Cp underlying business (such as 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.