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.
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.
200 Day MA 6.7954 | 50 Day MA 9.741 | Beta 0.772 |
Velan |
Sharpe Ratio = 0.2526
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Price | November 14, 2024 | 12.26 |
Lowest Price | September 9, 2024 | 6.35 |
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
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.Open | High | Low | Close | Volume | ||
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 19.4 M | 17.8 M | |
Net Loss | -16.4 M | -15.6 M |
Velan Quarterly Net Working Capital |
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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.
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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.
Risk Adjusted Performance | 0.1969 | |||
Jensen Alpha | 0.9087 | |||
Total Risk Alpha | 0.2864 | |||
Sortino Ratio | 0.2744 | |||
Treynor Ratio | (20.57) |
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Pattern Recognition | ||
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Volume Indicators |
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.