Vela International Fund Price on September 6, 2024

VEITX Fund  USD 13.54  0.08  0.59%   
If you're considering investing in Vela Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Vela International stands at 13.54, as last reported on the 2nd of December, with the highest price reaching 13.54 and the lowest price hitting 13.54 during the day. Vela International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0392, which indicates the fund had a -0.0392% return per unit of risk over the last 3 months. Vela International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vela International's Coefficient Of Variation of (2,554), risk adjusted performance of (0.03), and Variance of 0.5215 to confirm the risk estimate we provide.
  
Vela Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0392

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Estimated Market Risk

 0.72
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vela International 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 Vela International by adding Vela International to a well-diversified portfolio.

Vela International Valuation on September 6, 2024

It is possible to determine the worth of Vela International on a given historical date. On September 6, 2024 Vela was worth 13.58 at the beginning of the trading date compared to the closed value of 13.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vela International mutual fund. Still, in general, we apply an absolute valuation method to find Vela International'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 Vela International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vela International's related companies.
 Open High Low Close Volume
  13.82    13.82    13.82    13.82    1.00  
09/06/2024
  13.58    13.58    13.58    13.58    1.00  
  13.61    13.61    13.61    13.61    1.00  
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Open Value
13.58
13.58
Closing Value
15.75
Upside

Vela International Trading Date Momentum on September 6, 2024

On September 09 2024 Vela International was traded for  13.61  at the closing time. The highest daily price throughout the period was 13.61  and the lowest price was  13.61 . There was no trading activity during the period 1.0. Lack of trading volume on 09/09/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.22% . The trading price change to current closing price is 1.99% .

Vela International Fundamentals Correlations and Trends

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

About Vela International Mutual Fund history

Vela International 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 Vela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vela International 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 Vela International stock prices may prove useful in developing a viable investing in Vela International

Vela International Mutual Fund Technical Analysis

Vela International technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Vela International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vela International 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

Vela International Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vela International cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.

Vela International December 2, 2024 Market Strength

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

Vela International Technical and Predictive Indicators

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

Vela International financial ratios help investors to determine whether Vela Mutual Fund 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 Vela with respect to the benefits of owning Vela International security.
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