VINACONEX MEC (Vietnam) Price on November 8, 2024
| VCM Stock | 8,300 400.00 4.60% |
If you're considering investing in VINACONEX Stock, it is important to understand the factors that can impact its price. As of today, the current price of VINACONEX MEC stands at 8,300, as last reported on the 29th of December, with the highest price reaching 8,300 and the lowest price hitting 8,300 during the day. VINACONEX MEC appears to be very steady, given 3 months investment horizon. VINACONEX MEC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0574, which indicates the firm had a 0.0574% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for VINACONEX MEC, which you can use to evaluate the volatility of the company. Please review VINACONEX MEC's risk adjusted performance of 0.0139, and Coefficient Of Variation of 15834.55 to confirm if our risk estimates are consistent with your expectations.
VINACONEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VINACONEX |
Sharpe Ratio = 0.0574
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Estimated Market Risk
| 6.52 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average VINACONEX MEC is performing at about 4% 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 VINACONEX MEC by adding it to a well-diversified portfolio.
VINACONEX MEC Valuation on November 8, 2024
It is possible to determine the worth of VINACONEX MEC on a given historical date. On November 8, 2024 VINACONEX was worth 9650.0 at the beginning of the trading date compared to the closed value of 9650.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VINACONEX MEC stock. Still, in general, we apply an absolute valuation method to find VINACONEX MEC'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 VINACONEX MEC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VINACONEX MEC's related companies.
| Open | High | Low | Close | Volume | |
| 8,650 | 8,800 | 8,650 | 8,800 | 3,666 | |
11/08/2024 | 9,650 | 9,650 | 9,650 | 9,650 | 19,720 |
| 10,600 | 10,600 | 10,600 | 10,600 | 30,910 |
| Backtest VINACONEX MEC | | | VINACONEX MEC History | Previous | Next |
VINACONEX MEC Trading Date Momentum on November 8, 2024
| On November 11 2024 VINACONEX MEC was traded for 10,600 at the closing time. The maximum traded price for the trading interval was 10,600 and the lowest daily price was 10,600 . The daily volume was recorded at 30.9 K. The volume of trading on 11th of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 9.84% . The trading price change to the closing price today is 24.35% . |
Price Boundaries
VINACONEX MEC Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
VINACONEX MEC 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.
VINACONEX MEC December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VINACONEX MEC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VINACONEX MEC shares will generate the highest return on investment. By undertsting and applying VINACONEX MEC stock market strength indicators, traders can identify VINACONEX MEC entry and exit signals to maximize returns
VINACONEX MEC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VINACONEX MEC's price direction in advance. Along with the technical and fundamental analysis of VINACONEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VINACONEX 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.