PetroVietnam Drilling (Vietnam) Price on November 25, 2024
| PVD Stock | 23,900 300.00 1.24% |
If you're considering investing in PetroVietnam Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetroVietnam Drilling stands at 23,900, as last reported on the 22nd of December, with the highest price reaching 24,200 and the lowest price hitting 23,800 during the day. PetroVietnam Drilling maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. PetroVietnam Drilling exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetroVietnam Drilling's Risk Adjusted Performance of (0.10), coefficient of variation of (737.98), and Variance of 1.74 to confirm the risk estimate we provide.
PetroVietnam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PetroVietnam |
Sharpe Ratio = -0.1272
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PetroVietnam Drilling 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 PetroVietnam Drilling by adding PetroVietnam Drilling to a well-diversified portfolio.
PetroVietnam Drilling Valuation on November 25, 2024
It is possible to determine the worth of PetroVietnam Drilling on a given historical date. On November 25, 2024 PetroVietnam was worth 23600.0 at the beginning of the trading date compared to the closed value of 23900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetroVietnam Drilling stock. Still, in general, we apply an absolute valuation method to find PetroVietnam Drilling'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 PetroVietnam Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetroVietnam Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 23,600 | 23,950 | 23,450 | 23,550 | 2,749,600 | |
11/25/2024 | 23,600 | 24,000 | 23,500 | 23,900 | 2,507,000 |
| 22,250 | 23,950 | 22,250 | 23,850 | 2,525,300 |
| Backtest PetroVietnam Drilling | | | PetroVietnam Drilling History | | | PetroVietnam Drilling Valuation | Previous | Next |
PetroVietnam Drilling Trading Date Momentum on November 25, 2024
| On November 26 2024 PetroVietnam Drilling Well was traded for 23,850 at the closing time. The maximum traded price for the trading interval was 23,950 and the lowest daily price was 22,250 . The daily volume was recorded at 2.5 M. The volume of trading on 26th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.21% . The trading delta at closing time to the closing price today is 3.14% . |
About PetroVietnam Drilling Stock history
PetroVietnam Drilling 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 PetroVietnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetroVietnam Drilling 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 PetroVietnam Drilling stock prices may prove useful in developing a viable investing in PetroVietnam Drilling
PetroVietnam Drilling Stock Technical Analysis
PetroVietnam Drilling 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
PetroVietnam Drilling Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
PetroVietnam Drilling Well 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.
PetroVietnam Drilling December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how PetroVietnam Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetroVietnam Drilling shares will generate the highest return on investment. By undertsting and applying PetroVietnam Drilling stock market strength indicators, traders can identify PetroVietnam Drilling Well entry and exit signals to maximize returns
PetroVietnam Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetroVietnam Drilling's price direction in advance. Along with the technical and fundamental analysis of PetroVietnam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetroVietnam 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 | (0.10) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.5548 |
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Other Information on Investing in PetroVietnam Stock
PetroVietnam Drilling financial ratios help investors to determine whether PetroVietnam 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 PetroVietnam with respect to the benefits of owning PetroVietnam Drilling security.