Vestum AB (Sweden) Price on August 23, 2024
| VESTUM Stock | 10.96 0.86 8.51% |
If you're considering investing in Vestum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vestum AB stands at 10.96, as last reported on the 29th of November, with the highest price reaching 10.96 and the lowest price hitting 10.00 during the day. Vestum AB appears to be somewhat reliable, given 3 months investment horizon. Vestum AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0935, which indicates the firm had a 0.0935% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vestum AB, which you can use to evaluate the volatility of the company. Please review Vestum AB's Risk Adjusted Performance of 0.042, coefficient of variation of 2187.75, and Semi Deviation of 2.19 to confirm if our risk estimates are consistent with your expectations.
Vestum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vestum |
Sharpe Ratio = 0.0935
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Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Vestum AB is performing at about 7% 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 Vestum AB by adding it to a well-diversified portfolio.
Vestum AB Valuation on August 23, 2024
It is possible to determine the worth of Vestum AB on a given historical date. On August 23, 2024 Vestum was worth 9.84 at the beginning of the trading date compared to the closed value of 9.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vestum AB stock. Still, in general, we apply an absolute valuation method to find Vestum AB'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 Vestum AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vestum AB's related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.00 | 9.82 | 9.84 | 107,024 | |
08/23/2024 | 9.84 | 10.14 | 9.76 | 9.98 | 153,807 |
| 9.98 | 10.04 | 9.85 | 9.89 | 85,842 |
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Vestum AB Trading Date Momentum on August 23, 2024
| On August 26 2024 Vestum AB was traded for 9.89 at the closing time. The highest price during the trading period was 10.04 and the lowest recorded bid was listed for 9.85 . The volume for the day was 85.8 K. This history from August 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.90% . The trading price change to the current price is 1.50% . |
Vestum AB Fundamentals Correlations and Trends
By evaluating Vestum AB'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 Vestum AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vestum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vestum AB Stock history
Vestum AB 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 Vestum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vestum AB 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 Vestum AB stock prices may prove useful in developing a viable investing in Vestum AB
Vestum AB Stock Technical Analysis
Vestum AB 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
Vestum AB Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Vestum AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. 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.
Vestum AB November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Vestum AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vestum AB shares will generate the highest return on investment. By undertsting and applying Vestum AB stock market strength indicators, traders can identify Vestum AB entry and exit signals to maximize returns
Vestum AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vestum AB's price direction in advance. Along with the technical and fundamental analysis of Vestum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vestum 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 | 0.042 | |||
| Jensen Alpha | 0.1343 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.45) |
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| Volume Indicators |
Complementary Tools for Vestum Stock analysis
When running Vestum AB's price analysis, check to measure Vestum AB'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 Vestum AB is operating at the current time. Most of Vestum AB's value examination focuses on studying past and present price action to predict the probability of Vestum AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestum AB's price. Additionally, you may evaluate how the addition of Vestum AB to your portfolios can decrease your overall portfolio volatility.
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