Vietnam Rubber (Vietnam) Price on November 8, 2024
| GVR Stock | 31,650 200.00 0.64% |
If you're considering investing in Vietnam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vietnam Rubber stands at 31,650, as last reported on the 13th of December 2024, with the highest price reaching 32,200 and the lowest price hitting 31,550 during the day. Vietnam Rubber Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0806, which indicates the firm had a -0.0806% return per unit of risk over the last 3 months. Vietnam Rubber Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vietnam Rubber's Coefficient Of Variation of (1,444), risk adjusted performance of (0.04), and Variance of 2.39 to confirm the risk estimate we provide.
Vietnam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vietnam |
Sharpe Ratio = -0.0806
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Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vietnam Rubber 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 Vietnam Rubber by adding Vietnam Rubber to a well-diversified portfolio.
Vietnam Rubber Valuation on November 8, 2024
It is possible to determine the worth of Vietnam Rubber on a given historical date. On November 8, 2024 Vietnam was worth 33400.0 at the beginning of the trading date compared to the closed value of 32900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vietnam Rubber stock. Still, in general, we apply an absolute valuation method to find Vietnam Rubber'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 Vietnam Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vietnam Rubber's related companies.
| Open | High | Low | Close | Volume | |
| 34,000 | 34,000 | 33,100 | 33,350 | 3,116,400 | |
11/08/2024 | 33,400 | 33,600 | 32,850 | 32,900 | 3,288,000 |
| 32,900 | 33,400 | 32,700 | 33,400 | 2,607,400 |
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Vietnam Rubber Trading Date Momentum on November 8, 2024
| On November 11 2024 Vietnam Rubber Group was traded for 33,400 at the closing time. The maximum traded price for the trading interval was 33,400 and the lowest daily price was 32,700 . The daily volume was recorded at 2.6 M. The volume of trading on 11th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.52% . The trading price change to the closing price today is 9.42% . |
About Vietnam Rubber Stock history
Vietnam Rubber 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 Vietnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vietnam Rubber 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 Vietnam Rubber stock prices may prove useful in developing a viable investing in Vietnam Rubber
Vietnam Rubber Stock Technical Analysis
Vietnam Rubber 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
Vietnam Rubber Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Vietnam Rubber Group 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.
Vietnam Rubber December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Vietnam Rubber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vietnam Rubber shares will generate the highest return on investment. By undertsting and applying Vietnam Rubber stock market strength indicators, traders can identify Vietnam Rubber Group entry and exit signals to maximize returns
Vietnam Rubber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vietnam Rubber's price direction in advance. Along with the technical and fundamental analysis of Vietnam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vietnam 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 | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.77) |
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Other Information on Investing in Vietnam Stock
Vietnam Rubber financial ratios help investors to determine whether Vietnam 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 Vietnam with respect to the benefits of owning Vietnam Rubber security.