Veidekke ASA (Norway) Price on January 31, 2023
| VEI Stock | NOK 139.00 1.40 1.00% |
If you're considering investing in Veidekke Stock, it is important to understand the factors that can impact its price. As of today, the current price of Veidekke ASA stands at 139.00, as last reported on the 10th of December, with the highest price reaching 139.80 and the lowest price hitting 138.40 during the day. Veidekke ASA appears to be very steady, given 3 months investment horizon. Veidekke ASA 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. We have found twenty-eight technical indicators for Veidekke ASA, which you can use to evaluate the volatility of the company. Please review Veidekke ASA's Semi Deviation of 0.4359, risk adjusted performance of 0.1599, and Coefficient Of Variation of 460.34 to confirm if our risk estimates are consistent with your expectations.
Veidekke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Veidekke |
Sharpe Ratio = 0.2243
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VEI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Veidekke ASA is performing at about 17% of its full potential. 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 Veidekke ASA by adding it to a well-diversified portfolio.
Veidekke ASA Valuation on January 31, 2023
It is possible to determine the worth of Veidekke ASA on a given historical date. On January 31, 2023 Veidekke was worth 88.88 at the beginning of the trading date compared to the closed value of 89.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veidekke ASA stock. Still, in general, we apply an absolute valuation method to find Veidekke ASA'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 Veidekke ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veidekke ASA's related companies.
| Open | High | Low | Close | Volume | |
| 90.45 | 90.45 | 89.75 | 89.75 | 23,252 | |
01/31/2023 | 88.88 | 90.10 | 88.88 | 89.57 | 34,456 |
| 89.75 | 91.49 | 89.57 | 90.97 | 90,967 |
| Backtest Veidekke ASA | | | Veidekke ASA History | | | Veidekke ASA Valuation | Previous | Next |
Veidekke ASA Trading Date Momentum on January 31, 2023
| On February 01 2023 Veidekke ASA was traded for 90.97 at the closing time. The maximum traded price for the trading interval was 91.49 and the lowest daily price was 89.57 . The daily volume was recorded at 91 K. The volume of trading on 1st of February 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 1.56% . The trading price change to the closing price today is 8.95% . |
Veidekke ASA Fundamentals Correlations and Trends
By evaluating Veidekke ASA'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 Veidekke ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veidekke financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Veidekke ASA Stock history
Veidekke ASA 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 Veidekke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veidekke ASA 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 Veidekke ASA stock prices may prove useful in developing a viable investing in Veidekke ASA
Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. The company was founded in 1936 and is headquartered in Oslo, Norway. Veidekke ASA operates under Construction - Industrial And Diversified classification in Norway and is traded on Oslo Stock Exchange. It employs 8461 people.
Veidekke ASA Stock Technical Analysis
Veidekke ASA 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
Veidekke ASA Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Veidekke ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
Veidekke ASA December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Veidekke ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veidekke ASA shares will generate the highest return on investment. By undertsting and applying Veidekke ASA stock market strength indicators, traders can identify Veidekke ASA entry and exit signals to maximize returns
Veidekke ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Veidekke ASA's price direction in advance. Along with the technical and fundamental analysis of Veidekke Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veidekke 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 | 0.1599 | |||
| Jensen Alpha | 0.1506 | |||
| Total Risk Alpha | 0.0504 | |||
| Sortino Ratio | 0.128 | |||
| Treynor Ratio | 0.3903 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Veidekke Stock
Veidekke ASA financial ratios help investors to determine whether Veidekke 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 Veidekke with respect to the benefits of owning Veidekke ASA security.