VITEC SOFTWARE (Germany) Price on November 20, 2024
| 7VS Stock | EUR 44.32 0.20 0.45% |
If you're considering investing in VITEC Stock, it is important to understand the factors that can impact its price. As of today, the current price of VITEC SOFTWARE stands at 44.32, as last reported on the 11th of December 2024, with the highest price reaching 44.32 and the lowest price hitting 44.32 during the day. At this point, VITEC SOFTWARE is very steady. VITEC SOFTWARE GROUP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0305, which indicates the firm had a 0.0305% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for VITEC SOFTWARE GROUP, which you can use to evaluate the volatility of the company. Please validate VITEC SOFTWARE's Variance of 5.82, risk adjusted performance of 0.0024, and Coefficient Of Variation of (15,783) to confirm if the risk estimate we provide is consistent with the expected return of 0.073%.
VITEC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VITEC |
Sharpe Ratio = 0.0305
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 7VS | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average VITEC SOFTWARE is performing at about 2% 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 VITEC SOFTWARE by adding it to a well-diversified portfolio.
VITEC SOFTWARE Valuation on November 20, 2024
It is possible to determine the worth of VITEC SOFTWARE on a given historical date. On November 20, 2024 VITEC was worth 39.92 at the beginning of the trading date compared to the closed value of 39.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VITEC SOFTWARE stock. Still, in general, we apply an absolute valuation method to find VITEC SOFTWARE'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 VITEC SOFTWARE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VITEC SOFTWARE's related companies.
| Open | High | Low | Close | Volume | |
| 39.84 | 39.84 | 39.84 | 39.84 | 1.00 | |
11/20/2024 | 39.92 | 39.92 | 39.92 | 39.92 | 1.00 |
| 39.48 | 39.48 | 39.48 | 39.48 | 1.00 |
| Backtest VITEC SOFTWARE | | | VITEC SOFTWARE History | Previous | Next |
VITEC SOFTWARE Trading Date Momentum on November 20, 2024
| On November 21 2024 VITEC SOFTWARE GROUP was traded for 39.48 at the closing time. The highest daily price throughout the period was 39.48 and the lowest price was 39.48 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.10% . The trading price change to current closing price is 4.86% . |
About VITEC SOFTWARE Stock history
VITEC SOFTWARE 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 VITEC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VITEC SOFTWARE 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 VITEC SOFTWARE stock prices may prove useful in developing a viable investing in VITEC SOFTWARE
VITEC SOFTWARE Stock Technical Analysis
VITEC SOFTWARE 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.
Price Boundaries
VITEC SOFTWARE Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
VITEC SOFTWARE GROUP cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
VITEC SOFTWARE December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how VITEC SOFTWARE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VITEC SOFTWARE shares will generate the highest return on investment. By undertsting and applying VITEC SOFTWARE stock market strength indicators, traders can identify VITEC SOFTWARE GROUP entry and exit signals to maximize returns
VITEC SOFTWARE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VITEC SOFTWARE's price direction in advance. Along with the technical and fundamental analysis of VITEC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VITEC 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 | 0.0024 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for VITEC Stock analysis
When running VITEC SOFTWARE's price analysis, check to measure VITEC SOFTWARE'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 VITEC SOFTWARE is operating at the current time. Most of VITEC SOFTWARE's value examination focuses on studying past and present price action to predict the probability of VITEC SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VITEC SOFTWARE's price. Additionally, you may evaluate how the addition of VITEC SOFTWARE to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |