Petrovietnam Technical (Vietnam) Price on May 17, 2023

PVS Stock   34,200  500.00  1.44%   
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 Technical stands at 34,200, as last reported on the 24th of December, with the highest price reaching 34,800 and the lowest price hitting 34,100 during the day. Petrovietnam Technical maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the firm had a -0.22% return per unit of risk over the last 3 months. Petrovietnam Technical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petrovietnam Technical's Variance of 1.45, risk adjusted performance of (0.17), and Coefficient Of Variation of (462.05) 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.

Sharpe Ratio = -0.2212

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPVS

Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Petrovietnam Technical 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 Technical by adding Petrovietnam Technical to a well-diversified portfolio.

Petrovietnam Technical Valuation on May 17, 2023

It is possible to determine the worth of Petrovietnam Technical on a given historical date. On May 17, 2023 Petrovietnam was worth 25718.98 at the beginning of the trading date compared to the closed value of 25430.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrovietnam Technical stock. Still, in general, we apply an absolute valuation method to find Petrovietnam Technical'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 Technical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrovietnam Technical's related companies.
 Open High Low Close Volume
  24,948    26,201    24,948    25,719    10,980,250  
05/17/2023
  25,719    26,201    25,430    25,430    6,475,104  
  25,526    25,815    25,430    25,623    5,727,502  
Backtest Petrovietnam Technical  |  Petrovietnam Technical History  |  Petrovietnam Technical Valuation PreviousNext  
Open Value
25718.98
25,715
Downside
25430.0
Closing Value
25,723
Upside

Petrovietnam Technical Trading Date Momentum on May 17, 2023

On May 18 2023 Petrovietnam Technical Services was traded for  25,623  at the closing time. The maximum traded price for the trading interval was 25,815  and the lowest daily price was  25,430 . The daily volume was recorded at 5.7 M. The volume of trading on 18th of May 2023 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.76% . The trading delta at closing time to the closing price today is 15.53% .
JavaScript chart by amCharts 3.21.1505/17/2023May 08May 10May 12May 14May 16May 18May 20May 22May 24May 2625,00026,00027,00028,00029,000

About Petrovietnam Technical Stock history

Petrovietnam Technical 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 Technical 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 Technical stock prices may prove useful in developing a viable investing in Petrovietnam Technical

Petrovietnam Technical Stock Technical Analysis

Petrovietnam Technical 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 Petrovietnam Technical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Petrovietnam Technical 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

Petrovietnam Technical Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Petrovietnam Technical Services 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 Technical December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Petrovietnam Technical 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 Technical shares will generate the highest return on investment. By undertsting and applying Petrovietnam Technical stock market strength indicators, traders can identify Petrovietnam Technical Services entry and exit signals to maximize returns

Petrovietnam Technical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Petrovietnam Technical'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.

Other Information on Investing in Petrovietnam Stock

Petrovietnam Technical 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 Technical security.