Vecima Networks Stock Price on November 6, 2023

VCM Stock  CAD 16.98  0.04  0.24%   
If you're considering investing in Vecima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vecima Networks stands at 16.98, as last reported on the 28th of November, with the highest price reaching 17.03 and the lowest price hitting 16.94 during the day. Vecima Networks owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Vecima Networks exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vecima Networks' Coefficient Of Variation of (826.14), risk adjusted performance of (0.09), and Variance of 4.52 to confirm the risk estimate we provide.
  
Vecima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.121

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Estimated Market Risk

 2.13
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vecima Networks 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 Vecima Networks by adding Vecima Networks to a well-diversified portfolio.

Vecima Networks Main Headline on 6th of November 2023

Vecima Networks dividend paid on 6th of November 2023

Vecima Networks Valuation on November 6, 2023

It is possible to determine the worth of Vecima Networks on a given historical date. On November 6, 2023 Vecima was worth 16.0 at the beginning of the trading date compared to the closed value of 16.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vecima Networks stock. Still, in general, we apply an absolute valuation method to find Vecima Networks' 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 Vecima Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vecima Networks' related companies.
 Open High Low Close Volume
  16.15    16.15    15.99    16.13    400.00  
11/06/2023
  16.00    16.19    15.99    16.19    800.00  
  16.09    16.09    15.68    15.74    11,100  
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Open Value
16.0
16.19
Closing Value
22.38
Upside

Vecima Networks Trading Date Momentum on November 6, 2023

On November 07 2023 Vecima Networks was traded for  15.74  at the closing time. The maximum traded price for the trading interval was 16.09  and the lowest daily price was  15.68 . The daily volume was recorded at 11.1 K. The volume of trading on 7th of November 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 2.78% . The trading price change to the closing price today is 1.24% .

Vecima Networks Fundamentals Correlations and Trends

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

About Vecima Networks Stock history

Vecima Networks 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 Vecima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vecima Networks 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 Vecima Networks stock prices may prove useful in developing a viable investing in Vecima Networks
Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 0 people.

Vecima Networks Stock Technical Analysis

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

Vecima Networks Period Price Range

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November 28, 2024
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Vecima Networks cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Vecima Networks November 28, 2024 Market Strength

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

Vecima Networks Technical and Predictive Indicators

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

Vecima Networks financial ratios help investors to determine whether Vecima 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 Vecima with respect to the benefits of owning Vecima Networks security.