Materials Petroleum (Vietnam) Price on October 31, 2023
| COM Stock | 27,650 850.00 2.98% |
If you're considering investing in Materials Stock, it is important to understand the factors that can impact its price. As of today, the current price of Materials Petroleum stands at 27,650, as last reported on the 20th of December, with the highest price reaching 27,650 and the lowest price hitting 27,650 during the day. Materials Petroleum JSC has Sharpe Ratio of -0.0323, which conveys that the firm had a -0.0323% return per unit of risk over the last 3 months. Materials Petroleum exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Materials Petroleum's Downside Deviation of 4.71, mean deviation of 3.51, and Risk Adjusted Performance of 0.0354 to check out the risk estimate we provide.
Materials Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Materials |
Sharpe Ratio = -0.0323
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| Negative Returns | COM |
Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Materials Petroleum 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 Materials Petroleum by adding Materials Petroleum to a well-diversified portfolio.
Materials Petroleum Valuation on October 31, 2023
It is possible to determine the worth of Materials Petroleum on a given historical date. On October 31, 2023 Materials was worth 30190.09 at the beginning of the trading date compared to the closed value of 30190.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Materials Petroleum stock. Still, in general, we apply an absolute valuation method to find Materials Petroleum'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 Materials Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Materials Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 32,439 | 32,439 | 32,439 | 32,439 | 100.00 | |
10/31/2023 | 30,190 | 30,190 | 30,190 | 30,190 | 1,800 |
| 28,133 | 28,133 | 28,133 | 28,133 | 100.00 |
| Backtest Materials Petroleum | | | Materials Petroleum History | | | Materials Petroleum Valuation | Previous | Next |
Materials Petroleum Trading Date Momentum on October 31, 2023
| On November 01 2023 Materials Petroleum JSC was traded for 28,133 at the closing time. The maximum traded price for the trading interval was 28,133 and the lowest daily price was 28,133 . The daily volume was recorded at 100.0. The volume of trading on 1st of November 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 6.81% . The trading delta at closing time to the closing price today is 10.94% . |
About Materials Petroleum Stock history
Materials Petroleum 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 Materials is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Materials Petroleum JSC 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 Materials Petroleum stock prices may prove useful in developing a viable investing in Materials Petroleum
Materials Petroleum Stock Technical Analysis
Materials Petroleum 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
Materials Petroleum Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Materials Petroleum JSC 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.
Materials Petroleum December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Materials Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Materials Petroleum shares will generate the highest return on investment. By undertsting and applying Materials Petroleum stock market strength indicators, traders can identify Materials Petroleum JSC entry and exit signals to maximize returns
Materials Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Materials Petroleum's price direction in advance. Along with the technical and fundamental analysis of Materials Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Materials 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 | 0.0354 | |||
| Jensen Alpha | 0.162 | |||
| Total Risk Alpha | 0.0108 | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | (0.14) |
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Other Information on Investing in Materials Stock
Materials Petroleum financial ratios help investors to determine whether Materials Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Materials with respect to the benefits of owning Materials Petroleum security.