Petrolimex Information (Vietnam) Price on November 20, 2024
| PIA Stock | 26,200 800.00 2.96% |
If you're considering investing in Petrolimex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrolimex Information stands at 26,200, as last reported on the 15th of December 2024, with the highest price reaching 27,400 and the lowest price hitting 26,000 during the day. Petrolimex Information maintains Sharpe Ratio (i.e., Efficiency) of -0.0574, which implies the firm had a -0.0574% return per unit of risk over the last 3 months. Petrolimex Information exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petrolimex Information's Risk Adjusted Performance of (0.05), variance of 10.81, and Coefficient Of Variation of (1,245) to confirm the risk estimate we provide.
Petrolimex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrolimex |
Sharpe Ratio = -0.0574
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PIA |
Estimated Market Risk
| 2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Petrolimex Information is not performing at its full potential. However, 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 Petrolimex Information by adding Petrolimex Information to a well-diversified portfolio.
Petrolimex Information Valuation on November 20, 2024
It is possible to determine the worth of Petrolimex Information on a given historical date. On November 20, 2024 Petrolimex was worth 27900.0 at the beginning of the trading date compared to the closed value of 28000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrolimex Information stock. Still, in general, we apply an absolute valuation method to find Petrolimex Information's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Petrolimex Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrolimex Information's related companies.
| Open | High | Low | Close | Volume | |
| 27,100 | 27,100 | 27,100 | 27,100 | 100.00 | |
11/20/2024 | 27,900 | 28,000 | 27,400 | 28,000 | 2,100 |
| 26,600 | 26,600 | 26,600 | 26,600 | 100.00 |
| Backtest Petrolimex Information | | | Petrolimex Information History | Previous | Next |
Petrolimex Information Trading Date Momentum on November 20, 2024
| On November 22 2024 Petrolimex Information Technology was traded for 26,600 at the closing time. The maximum traded price for the trading interval was 26,600 and the lowest daily price was 26,600 . The daily volume was recorded at 100.0. The volume of trading on 22nd of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the closing price today is 8.57% . |
Price Boundaries
Petrolimex Information Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Petrolimex Information Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Petrolimex Information December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrolimex Information stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrolimex Information shares will generate the highest return on investment. By undertsting and applying Petrolimex Information stock market strength indicators, traders can identify Petrolimex Information Technology entry and exit signals to maximize returns
Petrolimex Information Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrolimex Information's price direction in advance. Along with the technical and fundamental analysis of Petrolimex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrolimex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.