VETIVA SUMER (Nigeria) Price on December 2, 2024

VETGOODS   17.20  0.00  0.00%   
If you're considering investing in VETIVA Etf, it is important to understand the factors that can impact its price. As of today, the current price of VETIVA SUMER stands at 17.20, as last reported on the 18th of January 2025, with the highest price reaching 17.20 and the lowest price hitting 17.20 during the day. At this point, VETIVA SUMER is very steady. VETIVA SUMER GOODS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23% return per unit of risk over the last 3 months. We have found seventeen technical indicators for VETIVA SUMER GOODS, which you can use to evaluate the volatility of the etf. Please validate VETIVA SUMER's Coefficient Of Variation of 439.57, risk adjusted performance of 0.177, and Variance of 0.1302 to confirm if the risk estimate we provide is consistent with the expected return of 0.086%.
  
VETIVA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2331

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Estimated Market Risk

 0.37
  actual daily
3
97% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average VETIVA SUMER is performing at about 18% 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 December 2, 2024

It is possible to determine the worth of VETIVA SUMER on a given historical date. On December 2, 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 etf. 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  
12/02/2024
  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  PreviousNext  
Open Value
16.3
16.3
Closing Value
17.41
Upside

VETIVA SUMER Trading Date Momentum on December 2, 2024

On December 03 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 December 3, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.23% .

Price Boundaries

VETIVA SUMER Period Price Range

Low
January 18, 2025
0.00  NaN%
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 January 18, 2025 Market Strength

Market strength indicators help investors to evaluate how VETIVA SUMER etf 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 etf 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 Etf 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.