Vincit Group (Finland) Price on November 1, 2023
VINCIT Stock | EUR 1.76 0.07 4.14% |
If you're considering investing in Vincit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vincit Group stands at 1.76, as last reported on the 29th of December, with the highest price reaching 1.79 and the lowest price hitting 1.68 during the day. Vincit Group Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Vincit Group Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vincit Group's Risk Adjusted Performance of (0.16), coefficient of variation of (494.39), and Variance of 3.65 to confirm the risk estimate we provide.
Vincit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vincit |
Sharpe Ratio = -0.1983
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Estimated Market Risk
1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vincit Group 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 Vincit Group by adding Vincit Group to a well-diversified portfolio.
Vincit Group Valuation on November 1, 2023
It is possible to determine the worth of Vincit Group on a given historical date. On November 1, 2023 Vincit was worth 2.99 at the beginning of the trading date compared to the closed value of 2.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vincit Group stock. Still, in general, we apply an absolute valuation method to find Vincit Group'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 Vincit Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vincit Group's related companies.
Open | High | Low | Close | Volume | |
3.02 | 3.03 | 2.90 | 2.98 | 14,500 | |
11/01/2023 | 2.99 | 3.00 | 2.91 | 2.92 | 4,004 |
2.93 | 3.06 | 2.93 | 3.04 | 19,450 |
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Vincit Group Trading Date Momentum on November 1, 2023
On November 02 2023 Vincit Group Oyj was traded for 3.04 at the closing time. The highest price during the trading period was 3.06 and the lowest recorded bid was listed for 2.93 . The volume for the day was 19.4 K. This history from November 2, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 4.11% . The trading price change to the current price is 5.48% . |
Vincit Group Oyj Fundamentals Correlations and Trends
By evaluating Vincit Group'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 Vincit Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vincit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vincit Group Stock history
Vincit Group 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 Vincit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vincit Group Oyj 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 Vincit Group stock prices may prove useful in developing a viable investing in Vincit Group
It offers electronic services and information systems browser-based HTML5 services and mobile applications for smartphone platforms develops measurement and medical equipment software and provides service design. The company was formerly known as Vincit Group Oyj and changed its name to Vincit Oyj in May 2018. Vincit Oyj is traded on Helsinki Exchange in Finland.
Vincit Group Stock Technical Analysis
Vincit Group 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
Vincit Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Vincit Group Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Vincit Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Vincit Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vincit Group shares will generate the highest return on investment. By undertsting and applying Vincit Group stock market strength indicators, traders can identify Vincit Group Oyj entry and exit signals to maximize returns
Vincit Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vincit Group's price direction in advance. Along with the technical and fundamental analysis of Vincit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vincit 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 | (0.16) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | 2.67 |
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Complementary Tools for Vincit Stock analysis
When running Vincit Group's price analysis, check to measure Vincit Group'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 Vincit Group is operating at the current time. Most of Vincit Group's value examination focuses on studying past and present price action to predict the probability of Vincit Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vincit Group's price. Additionally, you may evaluate how the addition of Vincit Group to your portfolios can decrease your overall portfolio volatility.
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