Vodacom Group Ltd Stock Price on October 31, 2024
VDMCY Stock | USD 5.41 0.04 0.74% |
If you're considering investing in Vodacom Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Vodacom Group stands at 5.41, as last reported on the 24th of December, with the highest price reaching 5.41 and the lowest price hitting 5.41 during the day. Vodacom Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Vodacom Group Ltd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vodacom Group's Coefficient Of Variation of (932.64), risk adjusted performance of (0.08), and Variance of 4.81 to confirm the risk estimate we provide.
Vodacom Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Vodacom |
Sharpe Ratio = -0.1424
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | VDMCY |
Estimated Market Risk
2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vodacom Group 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 Vodacom Group by adding Vodacom Group to a well-diversified portfolio.
Related Headline
KT Headline on 31st of October 2024
KT Co. Sees Significant Increase in Short Interest by thelincolnianonline.com
KT Co. was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 2,410,000 shares, a growth of 13.7 percent from the September 30th total of 2,120,000 shares. Approximately 0.5 percent of the companys stock are short sold. Based on an average
Vodacom Group Valuation on October 31, 2024
It is possible to determine the worth of Vodacom Group on a given historical date. On October 31, 2024 Vodacom was worth 6.18 at the beginning of the trading date compared to the closed value of 6.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vodacom Group pink sheet. Still, in general, we apply an absolute valuation method to find Vodacom Group'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 Vodacom Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vodacom Group's related companies.
Open | High | Low | Close | Volume | |
6.11 | 6.30 | 6.11 | 6.19 | 17,300 | |
10/31/2024 | 6.18 | 6.27 | 6.18 | 6.27 | 8,683 |
6.16 | 6.21 | 6.10 | 6.10 | 15,900 |
Backtest Vodacom Group | | | Vodacom Group History | | | Vodacom Group Valuation | Previous | Next |
Vodacom Group Trading Date Momentum on October 31, 2024
On November 01 2024 Vodacom Group Ltd was traded for 6.10 at the closing time. The highest daily price throughout the period was 6.21 and the lowest price was 6.10 . The daily volume was 15.9 K. The net trading volume on 11/01/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.71% . The trading price change to current closing price is 10.21% . |
Vodacom Group Fundamentals Correlations and Trends
By evaluating Vodacom Group'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 Vodacom Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vodacom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vodacom Group Pink Sheet history
Vodacom Group 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 Vodacom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vodacom 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 Vodacom Group stock prices may prove useful in developing a viable investing in Vodacom Group
Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. Vodacom Group Limited is a subsidiary of Vodafone Investments SA Limited. Vodacom Group operates under Telecom Services classification in the United States and is traded on OTC Exchange.
Vodacom Group Pink Sheet Technical Analysis
Vodacom Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Vodacom Group Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Vodacom Group Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Vodacom Group December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Vodacom Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vodacom Group shares will generate the highest return on investment. By undertsting and applying Vodacom Group pink sheet market strength indicators, traders can identify Vodacom Group Ltd entry and exit signals to maximize returns
Vodacom Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vodacom Group's price direction in advance. Along with the technical and fundamental analysis of Vodacom Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vodacom 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 | (0.08) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 1.44 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Vodacom Pink Sheet Analysis
When running Vodacom Group's price analysis, check to measure Vodacom Group'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 Vodacom Group is operating at the current time. Most of Vodacom Group's value examination focuses on studying past and present price action to predict the probability of Vodacom Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom Group's price. Additionally, you may evaluate how the addition of Vodacom Group to your portfolios can decrease your overall portfolio volatility.