Varta AG (Germany) Price on November 29, 2023

VAR1 Stock   1.50  0.02  1.32%   
If you're considering investing in Varta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Varta AG stands at 1.50, as last reported on the 20th of January, with the highest price reaching 1.58 and the lowest price hitting 1.50 during the day. Varta AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22 % return per unit of risk over the last 3 months. Varta AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Varta AG's Coefficient Of Variation of (488.34), risk adjusted performance of (0.16), and Variance of 54.6 to confirm the risk estimate we provide.
  
Varta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2202

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Estimated Market Risk

 5.26
  actual daily
46
54% of assets are more volatile

Expected Return

 -1.16
  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 Varta AG 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 Varta AG by adding Varta AG to a well-diversified portfolio.

Varta AG Valuation on November 29, 2023

It is possible to determine the worth of Varta AG on a given historical date. On November 29, 2023 Varta was worth 20.16 at the beginning of the trading date compared to the closed value of 20.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Varta AG stock. Still, in general, we apply an absolute valuation method to find Varta AG'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 Varta AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Varta AG's related companies.
 Open High Low Close Volume
  20.60    20.60    20.14    20.20    61,074  
11/29/2023
  20.16    20.80    20.16    20.51    66,155  
  20.94    21.13    19.95    20.06    105,088  
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Open Value
20.16
20.51
Closing Value
35.93
Upside

Varta AG Trading Date Momentum on November 29, 2023

On November 30 2023 Varta AG was traded for  20.06  at the closing time. The highest price during the trading period was 21.13  and the lowest recorded bid was listed for  19.95 . The volume for the day was 105.1 K. This history from November 30, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.19% . The trading price change to the current price is 0.98% .

Varta AG Fundamentals Correlations and Trends

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

About Varta AG Stock history

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

Varta AG Stock Technical Analysis

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

Varta AG Period Price Range

Low
January 20, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Varta AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.

Varta AG January 20, 2025 Market Strength

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

Varta AG Technical and Predictive Indicators

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

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