Vodacom (South Africa) Price on November 15, 2024

VOD Stock   10,664  38.00  0.36%   
If you're considering investing in Vodacom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vodacom stands at 10,664, as last reported on the 16th of December 2024, with the highest price reaching 10,814 and the lowest price hitting 10,561 during the day. Vodacom Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0144, which indicates the firm had a -0.0144% return per unit of risk over the last 3 months. Vodacom Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vodacom's Variance of 2.0, coefficient of variation of (34,208), and Risk Adjusted Performance of 0.0028 to confirm the risk estimate we provide.
  
Vodacom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0144

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsVOD

Estimated Market Risk

 1.42
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vodacom 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 Vodacom by adding Vodacom to a well-diversified portfolio.

Vodacom Valuation on November 15, 2024

It is possible to determine the worth of Vodacom on a given historical date. On November 15, 2024 Vodacom was worth 9972.07 at the beginning of the trading date compared to the closed value of 9891.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vodacom stock. Still, in general, we apply an absolute valuation method to find Vodacom'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 Vodacom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vodacom's related companies.
 Open High Low Close Volume
  9,851    10,149    9,851    9,963    1,247,418  
11/15/2024
  9,972    9,972    9,819    9,891    779,263  
  9,886    10,075    9,835    10,075    889,531  
Backtest Vodacom  |  Vodacom History  |  Vodacom Valuation   PreviousNext  
Open Value
9972.07
9891.33
Closing Value
9,976
Upside

Vodacom Trading Date Momentum on November 15, 2024

On November 18 2024 Vodacom Group was traded for  10,075  at the closing time. The highest price during the trading period was 10,075  and the lowest recorded bid was listed for  9,835 . The volume for the day was 889.5 K. This history from November 18, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.86% . The trading price change to the current price is 0.72% .

Vodacom Group Fundamentals Correlations and Trends

By evaluating Vodacom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vodacom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vodacom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Vodacom Stock history

Vodacom 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 Vodacom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vodacom Group 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 Vodacom stock prices may prove useful in developing a viable investing in Vodacom

Vodacom Stock Technical Analysis

Vodacom technical stock 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, stock market cycles, or different charting patterns.
A focus of Vodacom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vodacom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Vodacom Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vodacom Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Vodacom December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Vodacom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vodacom shares will generate the highest return on investment. By undertsting and applying Vodacom stock market strength indicators, traders can identify Vodacom Group entry and exit signals to maximize returns

Vodacom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Vodacom's price direction in advance. Along with the technical and fundamental analysis of Vodacom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vodacom 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.

Complementary Tools for Vodacom Stock analysis

When running Vodacom's price analysis, check to measure Vodacom'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 Vodacom is operating at the current time. Most of Vodacom's value examination focuses on studying past and present price action to predict the probability of Vodacom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom's price. Additionally, you may evaluate how the addition of Vodacom to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges