Virco Manufacturing Stock Probability of Future Stock Price Finishing Over 14.82

VIRC Stock  USD 16.08  0.65  3.89%   
Virco Manufacturing's implied volatility is one of the determining factors in the pricing options written on Virco Manufacturing. Implied volatility approximates the future value of Virco Manufacturing based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Virco Manufacturing over a specific time period. For example, VIRC Option Call 20-12-2024 15 is a CALL option contract on Virco Manufacturing's common stock with a strick price of 15.0 expiring on 2024-12-20. The contract was last traded on 2024-12-03 at 10:52:13 for $2.25 and, as of today, has 16 days remaining before the expiration. The option is currently trading at an ask price of $0.0. The implied volatility as of the 4th of December is 16.0. View All Virco options

Closest to current price Virco long CALL Option Payoff at Expiration

Virco Manufacturing's future price is the expected price of Virco Manufacturing instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Virco Manufacturing performance during a given time horizon utilizing its historical volatility. Check out Virco Manufacturing Backtesting, Virco Manufacturing Valuation, Virco Manufacturing Correlation, Virco Manufacturing Hype Analysis, Virco Manufacturing Volatility, Virco Manufacturing History as well as Virco Manufacturing Performance.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
  
At present, Virco Manufacturing's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.31, whereas Price Earnings Ratio is forecasted to decline to 8.46. Please specify Virco Manufacturing's target price for which you would like Virco Manufacturing odds to be computed.

Virco Manufacturing Target Price Odds to finish over 14.82

The tendency of Virco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 14.82  in 90 days
 16.08 90 days 14.82 
about 45.62
Based on a normal probability distribution, the odds of Virco Manufacturing to stay above $ 14.82  in 90 days from now is about 45.62 (This Virco Manufacturing probability density function shows the probability of Virco Stock to fall within a particular range of prices over 90 days) . Probability of Virco Manufacturing price to stay between $ 14.82  and its current price of $16.08 at the end of the 90-day period is about 37.08 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.94 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Virco Manufacturing will likely underperform. Additionally Virco Manufacturing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Virco Manufacturing Price Density   
       Price  

Predictive Modules for Virco Manufacturing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virco Manufacturing. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
13.1716.5519.93
Details
Intrinsic
Valuation
LowRealHigh
10.1213.5016.88
Details
Naive
Forecast
LowNextHigh
13.6717.0520.44
Details
1 Analysts
Consensus
LowTargetHigh
10.9212.0013.32
Details

Virco Manufacturing Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Virco Manufacturing is not an exception. The market had few large corrections towards the Virco Manufacturing's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Virco Manufacturing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Virco Manufacturing within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.04
β
Beta against Dow Jones1.94
σ
Overall volatility
1.00
Ir
Information ratio 0.02

Virco Manufacturing Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Virco Manufacturing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Virco Manufacturing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Virco Manufacturing had very high historical volatility over the last 90 days
Virco Manufacturing is unlikely to experience financial distress in the next 2 years
Virco Manufacturing has a strong financial position based on the latest SEC filings
About 16.0% of the company outstanding shares are owned by insiders
On 11th of October 2024 Virco Manufacturing paid $ 0.025 per share dividend to its current shareholders
Latest headline from news.google.com: Virco Mfg. Stock Passes Above 200-Day Moving Average - Heres Why - MarketBeat

Virco Manufacturing Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Virco Stock often depends not only on the future outlook of the current and potential Virco Manufacturing's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Virco Manufacturing's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding16.4 M
Cash And Short Term Investments5.3 M

Virco Manufacturing Technical Analysis

Virco Manufacturing's future price can be derived by breaking down and analyzing its technical indicators over time. Virco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Virco Manufacturing. In general, you should focus on analyzing Virco Stock price patterns and their correlations with different microeconomic environments and drivers.

Virco Manufacturing Predictive Forecast Models

Virco Manufacturing's time-series forecasting models is one of many Virco Manufacturing's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Virco Manufacturing's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Virco Manufacturing

Checking the ongoing alerts about Virco Manufacturing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Virco Manufacturing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Virco Manufacturing had very high historical volatility over the last 90 days
Virco Manufacturing is unlikely to experience financial distress in the next 2 years
Virco Manufacturing has a strong financial position based on the latest SEC filings
About 16.0% of the company outstanding shares are owned by insiders
On 11th of October 2024 Virco Manufacturing paid $ 0.025 per share dividend to its current shareholders
Latest headline from news.google.com: Virco Mfg. Stock Passes Above 200-Day Moving Average - Heres Why - MarketBeat
When determining whether Virco Manufacturing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virco Manufacturing'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 Virco Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virco Manufacturing Stock:
Is Commercial Services & Supplies space 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 Manufacturing. 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 Manufacturing 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
0.093
Dividend Share
0.06
Earnings Share
1.63
Revenue Per Share
17.273
Quarterly Revenue Growth
0.01
The market value of Virco Manufacturing 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 Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing'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 Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing'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 Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing'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.