Vergnet (France) Price on February 19, 2024
If you're considering investing in Vergnet Stock, it is important to understand the factors that can impact its price. Vergnet owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.48, which indicates the firm had a -0.48% return per unit of risk over the last 3 months. Vergnet exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vergnet's Coefficient Of Variation of (206.72), variance of 52.3, and Risk Adjusted Performance of (0.36) to confirm the risk estimate we provide.
Vergnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vergnet |
Sharpe Ratio = -0.4838
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Estimated Market Risk
7.23 actual daily | 64 64% of assets are less volatile |
Expected Return
-3.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.48 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vergnet 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 Vergnet by adding Vergnet to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Vergnet Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Vergnet cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Vergnet November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Vergnet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vergnet shares will generate the highest return on investment. By undertsting and applying Vergnet stock market strength indicators, traders can identify Vergnet entry and exit signals to maximize returns
Vergnet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vergnet's price direction in advance. Along with the technical and fundamental analysis of Vergnet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vergnet 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 | (0.36) | |||
Jensen Alpha | (3.57) | |||
Total Risk Alpha | (4.72) | |||
Treynor Ratio | (7.18) |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Tools for Vergnet Stock
When running Vergnet's price analysis, check to measure Vergnet'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 Vergnet is operating at the current time. Most of Vergnet's value examination focuses on studying past and present price action to predict the probability of Vergnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vergnet's price. Additionally, you may evaluate how the addition of Vergnet to your portfolios can decrease your overall portfolio volatility.
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