Varta AG (Germany) Price on November 15, 2023
| VAR1 Stock | 1.62 0.06 3.85% |
If you're considering investing in Varta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Varta AG stands at 1.62, as last reported on the 22nd of December, with the highest price reaching 1.62 and the lowest price hitting 1.50 during the day. Varta AG appears to be abnormally volatile, given 3 months investment horizon. Varta AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0636, which indicates the firm had a 0.0636% return per unit of risk over the last 3 months. By inspecting Varta AG's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please review Varta AG's Semi Deviation of 7.6, risk adjusted performance of 0.0604, and Coefficient Of Variation of 1554.62 to confirm if our risk estimates are consistent with your expectations.
Varta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Varta |
Sharpe Ratio = 0.0636
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Estimated Market Risk
| 14.01 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Varta AG is performing at about 5% 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 Varta AG by adding it to a well-diversified portfolio.
Varta AG Valuation on November 15, 2023
It is possible to determine the worth of Varta AG on a given historical date. On November 15, 2023 Varta was worth 22.77 at the beginning of the trading date compared to the closed value of 23.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Varta AG stock. Still, in general, we apply an absolute valuation method to find Varta AG'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 Varta AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Varta AG's related companies.
| Open | High | Low | Close | Volume | |
| 22.00 | 22.83 | 21.61 | 22.71 | 168,467 | |
11/15/2023 | 22.77 | 23.61 | 22.32 | 23.54 | 229,397 |
| 23.29 | 23.85 | 22.18 | 22.29 | 164,958 |
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Varta AG Trading Date Momentum on November 15, 2023
| On November 16 2023 Varta AG was traded for 22.29 at the closing time. The highest price during the trading period was 23.85 and the lowest recorded bid was listed for 22.18 . The volume for the day was 165 K. This history from November 16, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 5.31% . The trading price change to the current price is 11.51% . |
Varta AG Fundamentals Correlations and Trends
By evaluating Varta AG's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Varta AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Varta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Varta AG Stock history
Varta AG investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Varta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Varta AG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Varta AG stock prices may prove useful in developing a viable investing in Varta AG
Varta AG Stock Technical Analysis
Varta AG 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.
Price Boundaries
Varta AG Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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Varta AG December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Varta AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Varta AG shares will generate the highest return on investment. By undertsting and applying Varta AG stock market strength indicators, traders can identify Varta AG entry and exit signals to maximize returns
Varta AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Varta AG's price direction in advance. Along with the technical and fundamental analysis of Varta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Varta 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.
| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.8718 | |||
| Total Risk Alpha | 0.499 | |||
| Sortino Ratio | 0.1026 | |||
| Treynor Ratio | 1.01 |
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| Volume Indicators |
Complementary Tools for Varta Stock analysis
When running Varta AG's price analysis, check to measure Varta AG'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 Varta AG is operating at the current time. Most of Varta AG's value examination focuses on studying past and present price action to predict the probability of Varta AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varta AG's price. Additionally, you may evaluate how the addition of Varta AG to your portfolios can decrease your overall portfolio volatility.
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