Vodacom (South Africa) Price on October 2, 2024

VOD Stock   10,572  174.00  1.62%   
If you're considering investing in Vodacom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vodacom stands at 10,572, as last reported on the 12th of December 2024, with the highest price reaching 10,750 and the lowest price hitting 10,447 during the day. Vodacom Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0248, which indicates the firm had a -0.0248% return per unit of risk over the last 3 months. Vodacom Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vodacom's Risk Adjusted Performance of (0.01), coefficient of variation of (4,753), and Variance of 2.02 to confirm the risk estimate we provide.
  
Vodacom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0248

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vodacom 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 Vodacom by adding Vodacom to a well-diversified portfolio.

Vodacom Valuation on October 2, 2024

It is possible to determine the worth of Vodacom on a given historical date. On October 2, 2024 Vodacom was worth 10441.93 at the beginning of the trading date compared to the closed value of 10335.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vodacom stock. Still, in general, we apply an absolute valuation method to find Vodacom'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 Vodacom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vodacom's related companies.
 Open High Low Close Volume
  10,759    10,795    10,183    10,361    2,226,730  
10/02/2024
  10,442    10,442    10,203    10,336    1,278,207  
  10,336    10,437    10,207    10,278    715,253  
Backtest Vodacom  |  Vodacom History  |  Vodacom Valuation   PreviousNext  
Open Value
10441.93
10,438
Downside
10335.89
Closing Value
10,446
Upside

Vodacom Trading Date Momentum on October 2, 2024

On October 03 2024 Vodacom Group was traded for  10,278  at the closing time. The highest price during the trading period was 10,437  and the lowest recorded bid was listed for  10,207 . The volume for the day was 715.3 K. This history from October 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.56% . The trading price change to the current price is 2.08% .

Vodacom Group Fundamentals Correlations and Trends

By evaluating Vodacom'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 Vodacom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vodacom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Vodacom Stock history

Vodacom 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 Vodacom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vodacom Group 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 Vodacom stock prices may prove useful in developing a viable investing in Vodacom

Vodacom Stock Technical Analysis

Vodacom 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.
A focus of Vodacom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vodacom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Vodacom Period Price Range

Low
December 12, 2024
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High

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Vodacom Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Vodacom December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Vodacom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vodacom shares will generate the highest return on investment. By undertsting and applying Vodacom stock market strength indicators, traders can identify Vodacom Group entry and exit signals to maximize returns

Vodacom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Vodacom's price direction in advance. Along with the technical and fundamental analysis of Vodacom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vodacom 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.

Complementary Tools for Vodacom Stock analysis

When running Vodacom's price analysis, check to measure Vodacom'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 Vodacom is operating at the current time. Most of Vodacom's value examination focuses on studying past and present price action to predict the probability of Vodacom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom's price. Additionally, you may evaluate how the addition of Vodacom to your portfolios can decrease your overall portfolio volatility.
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