VETIVA SUMER (Nigeria) Price on October 28, 2024
| VETGOODS | 16.55 0.05 0.30% |
If you're considering investing in VETIVA Stock, it is important to understand the factors that can impact its price. As of today, the current price of VETIVA SUMER stands at 16.55, as last reported on the 14th of December 2024, with the highest price reaching 16.55 and the lowest price hitting 16.55 during the day. At this point, VETIVA SUMER is very steady. VETIVA SUMER GOODS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found nineteen technical indicators for VETIVA SUMER GOODS, which you can use to evaluate the volatility of the company. Please validate VETIVA SUMER's Risk Adjusted Performance of 0.0717, coefficient of variation of 668.67, and Variance of 0.024 to confirm if the risk estimate we provide is consistent with the expected return of 0.0243%.
VETIVA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VETIVA |
Sharpe Ratio = 0.1531
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VETGOODS |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average VETIVA SUMER is performing at about 12% 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 VETIVA SUMER by adding it to a well-diversified portfolio.
VETIVA SUMER Valuation on October 28, 2024
It is possible to determine the worth of VETIVA SUMER on a given historical date. On October 28, 2024 VETIVA was worth 16.3 at the beginning of the trading date compared to the closed value of 16.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VETIVA SUMER stock. Still, in general, we apply an absolute valuation method to find VETIVA SUMER'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 VETIVA SUMER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VETIVA SUMER's related companies.
| Open | High | Low | Close | Volume | |
| 16.30 | 16.30 | 16.30 | 16.30 | 1.00 | |
10/28/2024 | 16.30 | 16.30 | 16.30 | 16.30 | 1.00 |
| 16.30 | 16.30 | 16.30 | 16.30 | 1.00 |
| Backtest VETIVA SUMER | | | VETIVA SUMER History | Previous | Next |
VETIVA SUMER Trading Date Momentum on October 28, 2024
| On October 29 2024 VETIVA SUMER GOODS was traded for 16.30 at the closing time. The highest price during the trading period was 16.30 and the lowest recorded bid was listed for 16.30 . There was no trading activity during the period 1.0. Lack of trading volume on October 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Price Boundaries
VETIVA SUMER Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
VETIVA SUMER GOODS cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
VETIVA SUMER December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how VETIVA SUMER stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VETIVA SUMER shares will generate the highest return on investment. By undertsting and applying VETIVA SUMER stock market strength indicators, traders can identify VETIVA SUMER GOODS entry and exit signals to maximize returns
VETIVA SUMER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VETIVA SUMER's price direction in advance. Along with the technical and fundamental analysis of VETIVA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VETIVA 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 | 0.0717 | |||
| Jensen Alpha | 0.0158 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.45) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for VETIVA Stock analysis
When running VETIVA SUMER's price analysis, check to measure VETIVA SUMER'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 VETIVA SUMER is operating at the current time. Most of VETIVA SUMER's value examination focuses on studying past and present price action to predict the probability of VETIVA SUMER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VETIVA SUMER's price. Additionally, you may evaluate how the addition of VETIVA SUMER to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |