VETIVA INDUSTRIAL (Nigeria) Price on November 12, 2024
| VETINDETF | 41.08 3.73 9.99% |
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 INDUSTRIAL stands at 41.08, as last reported on the 26th of February, with the highest price reaching 41.08 and the lowest price hitting 37.35 during the day. VETIVA INDUSTRIAL ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0386, which indicates the etf had a -0.0386 % return per unit of risk over the last 3 months. VETIVA INDUSTRIAL ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VETIVA INDUSTRIAL's Variance of 7.78, coefficient of variation of (2,594), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
VETIVA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VETIVA |
Sharpe Ratio = -0.0386
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VETINDETF |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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 November 12, 2024
It is possible to determine the worth of VETIVA INDUSTRIAL on a given historical date. On November 12, 2024 VETIVA was worth 45.0 at the beginning of the trading date compared to the closed value of 45.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VETIVA INDUSTRIAL etf. 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 | |
| 45.00 | 45.00 | 45.00 | 45.00 | 1.00 | |
11/12/2024 | 45.00 | 45.00 | 45.00 | 45.00 | 1.00 |
| 45.00 | 45.00 | 45.00 | 45.00 | 1.00 |
| Backtest VETIVA INDUSTRIAL | | | VETIVA INDUSTRIAL History | Previous | Next |
VETIVA INDUSTRIAL Trading Date Momentum on November 12, 2024
| On November 13 2024 VETIVA INDUSTRIAL ETF was traded for 45.00 at the closing time. The highest price during the trading period was 45.00 and the lowest recorded bid was listed for 45.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 13, 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 | February 26, 2025
| 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 February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how VETIVA INDUSTRIAL 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 INDUSTRIAL shares will generate the highest return on investment. By undertsting and applying VETIVA INDUSTRIAL etf 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 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.