Vecima Networks Stock Price on October 1, 2024
VNWTF Stock | USD 10.34 0.55 5.05% |
If you're considering investing in Vecima Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Vecima Networks stands at 10.34, as last reported on the 21st of December, with the highest price reaching 10.34 and the lowest price hitting 10.34 during the day. Vecima Networks owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of risk over the last 3 months. Vecima Networks exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vecima Networks' Variance of 10.26, coefficient of variation of (581.30), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide.
Vecima Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Vecima |
Sharpe Ratio = -0.227
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Estimated Market Risk
3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vecima Networks 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 Vecima Networks by adding Vecima Networks to a well-diversified portfolio.
Related Headline
Parsons Corp Headline on 1st of October 2024
Acquisition by David Wajsgras of 326 shares of Parsons Corp ... by David Wajsgras
Filed transaction by Parsons Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Vecima Networks Valuation on October 1, 2024
It is possible to determine the worth of Vecima Networks on a given historical date. On October 1, 2024 Vecima was worth 16.54 at the beginning of the trading date compared to the closed value of 16.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vecima Networks pink sheet. Still, in general, we apply an absolute valuation method to find Vecima Networks' 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 Vecima Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vecima Networks' related companies.
Open | High | Low | Close | Volume | |
16.54 | 16.54 | 16.54 | 16.54 | 1.00 | |
10/01/2024 | 16.54 | 16.54 | 16.54 | 16.54 | 1.00 |
16.54 | 16.54 | 16.54 | 16.54 | 1.00 |
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Vecima Networks Trading Date Momentum on October 1, 2024
On October 02 2024 Vecima Networks was traded for 16.54 at the closing time. The highest daily price throughout the period was 16.54 and the lowest price was 16.54 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.24% . |
Vecima Networks Fundamentals Correlations and Trends
By evaluating Vecima Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vecima Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vecima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vecima Networks Pink Sheet history
Vecima Networks 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 Vecima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vecima Networks 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 Vecima Networks stock prices may prove useful in developing a viable investing in Vecima Networks
Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 592 people.
Vecima Networks Pink Sheet Technical Analysis
Vecima Networks technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Vecima Networks Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Vecima Networks December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Vecima Networks pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vecima Networks shares will generate the highest return on investment. By undertsting and applying Vecima Networks pink sheet market strength indicators, traders can identify Vecima Networks entry and exit signals to maximize returns
Vecima Networks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vecima Networks' price direction in advance. Along with the technical and fundamental analysis of Vecima Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vecima 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 | (0.13) | |||
Jensen Alpha | (0.56) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 3.46 |
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Complementary Tools for Vecima Pink Sheet analysis
When running Vecima Networks' price analysis, check to measure Vecima Networks' 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 Vecima Networks is operating at the current time. Most of Vecima Networks' value examination focuses on studying past and present price action to predict the probability of Vecima Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vecima Networks' price. Additionally, you may evaluate how the addition of Vecima Networks to your portfolios can decrease your overall portfolio volatility.
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