Virco Stock Technical Analysis

VIRC -  USA Stock  

USD 3.20  0.11  3.56%

As of the 22nd of January, Virco MFG has the Risk Adjusted Performance of 0.044, semi deviation of 1.67, and Coefficient Of Variation of 1876.57. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Virco MFG Cp, 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 interpolate data for nineteen technical drivers for Virco MFG Cp, which can be compared to its competition. Please validate Virco MFG Cp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Virco MFG is priced more or less accurately, providing market reflects its prevalent price of 3.2 per share. Given that Virco MFG Cp has jensen alpha of 0.0794, we advise you to double-check Virco MFG Cp's current market performance to make sure the company can sustain itself at a future point.

Virco Technical Analysis 

 
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Virco MFG Analyst Consensus

Target PriceAdvice# of Analysts
4.0Hold1Odds
Virco MFG Cp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Virco 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 Virco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Virco MFG Cp, talking to its executives and customers, or listening to Virco conference calls.
Virco Analyst Advice Details
Virco MFG 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 Virco MFG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Virco MFG 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...

Virco MFG Cp Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixteen. The True Range is a measure of Virco MFG Cp volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Virco MFG Cp Trend Analysis

Use this graph to draw trend lines for Virco MFG Cp. You can use it to identify possible trend reversals for Virco MFG 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 Virco MFG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Virco MFG Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Virco MFG Cp applied against its price change over selected period. The best fit line has a slop of   0.004681  , which means Virco MFG Cp will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Virco MFG price change compared to its average price change.

About Virco MFG 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 Virco MFG Cp 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 Virco MFG Cp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Virco MFG Cp stock first instead of the macroeconomic environment surrounding Virco MFG Cp. By analyzing Virco MFG'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 Virco MFG'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 Virco MFG specific price patterns or momentum indicators. Please read more on our technical analysis page.

Virco MFG January 22, 2022 Technical Indicators

Most technical analysis of Virco 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 Virco from various momentum indicators to cycle indicators. When you analyze Virco 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.

Virco MFG January 22, 2022 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 Virco 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.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.
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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.