Velan Inc Stock Price History

VLN Stock  CAD 11.00  0.10  0.90%   
Below is the normalized historical share price chart for Velan Inc extending back to September 18, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Velan stands at 11.00, as last reported on the 2nd of December, with the highest price reaching 11.25 and the lowest price hitting 11.00 during the day.
200 Day MA
6.7954
50 Day MA
9.741
Beta
0.772
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Velan Stock, it is important to understand the factors that can impact its price. Velan appears to be slightly risky, given 3 months investment horizon. Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. By inspecting Velan's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review Velan's Risk Adjusted Performance of 0.1969, semi deviation of 2.03, and Coefficient Of Variation of 404.6 to confirm if our risk estimates are consistent with your expectations.
  
As of the 2nd of December 2024, Total Stockholder Equity is likely to grow to about 270.3 M, while Common Stock Shares Outstanding is likely to drop about 17.8 M. . At this time, Velan's Price Fair Value is very stable compared to the past year. Velan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2526

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Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 0.94
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Velan is performing at about 19% 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 Velan by adding it to a well-diversified portfolio.
Price Book
0.9341
Enterprise Value Ebitda
10.3454
Price Sales
0.639
Shares Float
4.6 M
Wall Street Target Price
14

Velan Stock Price History Chart

There are several ways to analyze Velan Stock price data. The simplest method is using a basic Velan candlestick price chart, which shows Velan price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 14, 202412.26
Lowest PriceSeptember 9, 20246.35

Velan December 2, 2024 Stock Price Synopsis

Various analyses of Velan's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Velan Stock. It can be used to describe the percentage change in the price of Velan from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Velan Stock.
Velan Price Action Indicator(0.17)
Velan Price Daily Balance Of Power(0.40)
Velan Price Rate Of Daily Change 0.99 

Velan December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Velan Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Velan intraday prices and daily technical indicators to check the level of noise trading in Velan Stock and then apply it to test your longer-term investment strategies against Velan.

Velan Stock Price History Data

The price series of Velan for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 6.11 with a coefficient of variation of 23.48. The daily prices for the period are distributed with arithmetic mean of 9.43. The median price for the last 90 days is 10.88. The company paid out dividends to its shareholders on 2023-06-15.
OpenHighLowCloseVolume
12/02/2024
 11.11  11.25  11.00  11.00 
11/29/2024 11.11  11.25  11.00  11.00  7,100 
11/28/2024 11.25  11.26  11.10  11.10  19,600 
11/27/2024 11.20  11.30  11.20  11.25  4,100 
11/26/2024 11.16  11.40  11.11  11.18  6,580 
11/25/2024 11.48  11.56  11.36  11.43  13,556 
11/22/2024 10.82  11.65  10.82  11.61  13,467 
11/21/2024 11.40  12.00  10.77  10.97  18,550 
11/20/2024 11.45  11.63  11.40  11.61  4,447 
11/19/2024 12.20  12.20  11.30  11.42  9,232 
11/18/2024 12.07  12.30  12.06  12.20  6,484 
11/15/2024 12.12  12.15  12.05  12.15  5,855 
11/14/2024 12.20  12.35  12.20  12.26  6,150 
11/13/2024 11.97  12.30  11.95  12.22  13,793 
11/12/2024 11.75  12.00  11.75  12.00  9,700 
11/11/2024 11.70  11.92  11.57  11.91  18,159 
11/08/2024 11.43  11.70  11.43  11.70  35,675 
11/07/2024 11.75  11.75  11.35  11.68  23,100 
11/06/2024 11.32  12.00  11.32  11.75  19,212 
11/05/2024 11.51  11.69  11.10  11.50  19,665 
11/04/2024 11.85  12.00  11.50  11.50  48,900 
11/01/2024 11.50  11.74  11.50  11.55  5,800 
10/31/2024 11.61  11.61  11.35  11.54  5,639 
10/30/2024 11.27  12.00  11.18  11.67  18,156 
10/29/2024 11.00  12.02  11.00  11.40  108,144 
10/28/2024 11.11  11.30  10.85  11.01  27,746 
10/25/2024 10.76  11.05  10.76  11.05  23,050 
10/24/2024 10.98  11.03  10.74  10.98  6,700 
10/23/2024 10.96  11.03  10.55  11.00  31,373 
10/22/2024 11.07  11.25  10.61  10.96  25,288 
10/21/2024 10.51  11.33  10.51  11.25  74,820 
10/18/2024 10.94  10.96  10.21  10.88  16,869 
10/17/2024 11.00  11.09  10.10  10.95  54,491 
10/16/2024 10.69  11.00  10.39  11.00  92,864 
10/15/2024 9.82  10.50  9.82  10.50  88,428 
10/11/2024 8.89  9.95  8.89  9.71  119,499 
10/10/2024 8.40  8.99  8.40  8.65  39,800 
10/09/2024 8.00  8.27  8.00  8.27  10,440 
10/08/2024 8.05  8.09  8.00  8.01  4,700 
10/07/2024 8.45  8.45  8.00  8.00  4,285 
10/04/2024 8.49  8.49  8.21  8.36  5,900 
10/03/2024 8.68  8.68  8.18  8.49  9,470 
10/02/2024 8.95  8.99  8.55  8.65  10,533 
10/01/2024 8.16  8.67  8.16  8.35  13,356 
09/30/2024 8.68  8.68  8.01  8.20  18,703 
09/27/2024 8.21  8.60  8.21  8.56  10,130 
09/26/2024 8.95  8.95  7.85  8.20  24,181 
09/25/2024 7.95  8.85  7.82  8.85  51,359 
09/24/2024 7.00  8.00  7.00  7.92  50,075 
09/23/2024 6.74  7.19  6.74  7.00  15,850 
09/20/2024 6.60  6.75  6.54  6.75  17,815 
09/19/2024 6.46  6.57  6.45  6.55  2,800 
09/18/2024 6.51  6.51  6.50  6.50  400.00 
09/17/2024 6.50  6.51  6.34  6.50  4,900 
09/16/2024 6.40  6.42  6.40  6.42  4,687 
09/13/2024 6.41  6.44  6.41  6.44  600.00 
09/12/2024 6.49  6.55  6.49  6.49  5,400 
09/11/2024 6.50  6.54  6.50  6.54  1,200 
09/10/2024 6.40  6.50  6.39  6.48  10,860 
09/09/2024 6.49  6.49  6.35  6.35  600.00 
09/06/2024 6.35  6.49  6.35  6.37  10,490 

About Velan Stock history

Velan 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 Velan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Velan Inc 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 Velan stock prices may prove useful in developing a viable investing in Velan
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.4 M17.8 M
Net Loss-16.4 M-15.6 M

Velan Quarterly Net Working Capital

246.56 Million

Velan Stock Technical Analysis

Velan 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 Velan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Velan 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...

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Velan Technical and Predictive Indicators

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

Other Information on Investing in Velan Stock

Velan financial ratios help investors to determine whether Velan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Velan with respect to the benefits of owning Velan security.