VETIVA INDUSTRIAL (Nigeria) Price on October 8, 2024
| VETINDETF | 45.00 0.00 0.00% |
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 INDUSTRIAL stands at 45.00, as last reported on the 29th of November, with the highest price reaching 45.00 and the lowest price hitting 45.00 during the day. VETIVA INDUSTRIAL ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. VETIVA INDUSTRIAL ETF exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VETIVA INDUSTRIAL's Coefficient Of Variation of (641.98), variance of 0.4277, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
VETIVA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VETIVA |
Sharpe Ratio = -0.1558
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VETIVA INDUSTRIAL 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 VETIVA INDUSTRIAL by adding VETIVA INDUSTRIAL to a well-diversified portfolio.
VETIVA INDUSTRIAL Valuation on October 8, 2024
It is possible to determine the worth of VETIVA INDUSTRIAL on a given historical date. On October 8, 2024 VETIVA was worth 45.6 at the beginning of the trading date compared to the closed value of 45.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VETIVA INDUSTRIAL stock. Still, in general, we apply an absolute valuation method to find VETIVA INDUSTRIAL'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 INDUSTRIAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VETIVA INDUSTRIAL's related companies.
| Open | High | Low | Close | Volume | |
| 45.60 | 45.60 | 45.60 | 45.60 | 1.00 | |
10/08/2024 | 45.60 | 45.60 | 45.60 | 45.60 | 1.00 |
| 45.60 | 45.60 | 45.60 | 45.60 | 1.00 |
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VETIVA INDUSTRIAL Trading Date Momentum on October 8, 2024
| On October 09 2024 VETIVA INDUSTRIAL ETF was traded for 45.60 at the closing time. The highest price during the trading period was 45.60 and the lowest recorded bid was listed for 45.60 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Price Boundaries
VETIVA INDUSTRIAL Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
VETIVA INDUSTRIAL ETF 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 INDUSTRIAL November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VETIVA INDUSTRIAL 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 INDUSTRIAL shares will generate the highest return on investment. By undertsting and applying VETIVA INDUSTRIAL stock market strength indicators, traders can identify VETIVA INDUSTRIAL ETF entry and exit signals to maximize returns
VETIVA INDUSTRIAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VETIVA INDUSTRIAL'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 | (0.12) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (9.25) |
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| Volume Indicators |
Complementary Tools for VETIVA Stock analysis
When running VETIVA INDUSTRIAL's price analysis, check to measure VETIVA INDUSTRIAL'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 INDUSTRIAL is operating at the current time. Most of VETIVA INDUSTRIAL's value examination focuses on studying past and present price action to predict the probability of VETIVA INDUSTRIAL'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 INDUSTRIAL's price. Additionally, you may evaluate how the addition of VETIVA INDUSTRIAL to your portfolios can decrease your overall portfolio volatility.
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