Veolia Environnement (France) Price on May 31, 2024
VIE Stock | EUR 27.40 0.07 0.26% |
If you're considering investing in Veolia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Veolia Environnement stands at 27.40, as last reported on the 4th of December, with the highest price reaching 27.63 and the lowest price hitting 27.33 during the day. Veolia Environnement owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Veolia Environnement VE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veolia Environnement's Risk Adjusted Performance of (0.09), coefficient of variation of (835.06), and Variance of 1.05 to confirm the risk estimate we provide.
Veolia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Veolia |
Sharpe Ratio = -0.1243
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Estimated Market Risk
1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Veolia Environnement 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 Veolia Environnement by adding Veolia Environnement to a well-diversified portfolio.
Veolia Environnement Valuation on May 31, 2024
It is possible to determine the worth of Veolia Environnement on a given historical date. On May 31, 2024 Veolia was worth 30.6 at the beginning of the trading date compared to the closed value of 30.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veolia Environnement stock. Still, in general, we apply an absolute valuation method to find Veolia Environnement'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 Veolia Environnement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veolia Environnement's related companies.
Open | High | Low | Close | Volume | |
30.50 | 30.77 | 30.50 | 30.57 | 1,711,482 | |
05/31/2024 | 30.60 | 30.91 | 30.46 | 30.70 | 3,519,143 |
30.97 | 31.09 | 30.72 | 30.84 | 999,820 |
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Veolia Environnement Trading Date Momentum on May 31, 2024
On June 03 2024 Veolia Environnement VE was traded for 30.84 at the closing time. The maximum traded price for the trading interval was 31.09 and the lowest daily price was 30.72 . The daily volume was recorded at 999.8 K. The volume of trading on 3rd of June 2024 played a part in the next trading day price jump. The trading price change to the next closing price was 0.46% . The trading price change to the closing price today is 0.36% . |
Veolia Environnement Fundamentals Correlations and Trends
By evaluating Veolia Environnement'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 Veolia Environnement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veolia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Veolia Environnement Stock history
Veolia Environnement 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 Veolia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veolia Environnement 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 Veolia Environnement stock prices may prove useful in developing a viable investing in Veolia Environnement
Veolia Environnement S.A. designs and provides water, waste, and energy management solutions worldwide. Veolia Environnement S.A. was founded in 1853 and is based in Aubervilliers, France. VEOLIA ENVIRON operates under Waste And Water Management classification in France and is traded on Paris Stock Exchange. It employs 171450 people.
Veolia Environnement Stock Technical Analysis
Veolia Environnement 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
Veolia Environnement Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Veolia Environnement VE cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Veolia Environnement December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Veolia Environnement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veolia Environnement shares will generate the highest return on investment. By undertsting and applying Veolia Environnement stock market strength indicators, traders can identify Veolia Environnement VE entry and exit signals to maximize returns
Veolia Environnement Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Veolia Environnement's price direction in advance. Along with the technical and fundamental analysis of Veolia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veolia 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 | (0.09) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | 0.5771 |
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Complementary Tools for Veolia Stock analysis
When running Veolia Environnement's price analysis, check to measure Veolia Environnement'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 Veolia Environnement is operating at the current time. Most of Veolia Environnement's value examination focuses on studying past and present price action to predict the probability of Veolia Environnement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veolia Environnement's price. Additionally, you may evaluate how the addition of Veolia Environnement to your portfolios can decrease your overall portfolio volatility.
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