Vestum AB (Sweden) Price on November 28, 2024

VESTUM Stock   9.66  0.19  1.93%   
If you're considering investing in Vestum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vestum AB stands at 9.66, as last reported on the 3rd of March, with the highest price reaching 9.93 and the lowest price hitting 9.66 during the day. Vestum AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Vestum AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestum AB's Coefficient Of Variation of (29,169), variance of 8.34, and Risk Adjusted Performance of 0.0049 to confirm the risk estimate we provide.
  
Vestum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1098

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vestum AB 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 Vestum AB by adding Vestum AB to a well-diversified portfolio.

Vestum AB Valuation on November 28, 2024

It is possible to determine the worth of Vestum AB on a given historical date. On November 28, 2024 Vestum was worth 10.48 at the beginning of the trading date compared to the closed value of 10.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vestum AB stock. Still, in general, we apply an absolute valuation method to find Vestum AB'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 Vestum AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vestum AB's related companies.
 Open High Low Close Volume
  10.34    10.50    10.10    10.18    204,216  
11/28/2024
  10.48    10.48    9.97    10.10    216,997  
  10.04    10.96    10.00    10.96    991,443  
Backtest Vestum AB  |  Vestum AB History  |  Vestum AB Valuation   PreviousNext  
Open Value
10.48
10.1
Closing Value
18.52
Upside

Vestum AB Trading Date Momentum on November 28, 2024

On November 29 2024 Vestum AB was traded for  10.96  at the closing time. The highest price during the trading period was 10.96  and the lowest recorded bid was listed for  10.00 . The volume for the day was 991.4 K. This history from November 29, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 8.51% . The trading price change to the current price is 14.06% .

Vestum AB Fundamentals Correlations and Trends

By evaluating Vestum AB'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 Vestum AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vestum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Vestum AB Stock history

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

Vestum AB Stock Technical Analysis

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

Vestum AB Period Price Range

Low
March 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Vestum AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Vestum AB March 3, 2025 Market Strength

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

Vestum AB Technical and Predictive Indicators

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

Complementary Tools for Vestum Stock analysis

When running Vestum AB's price analysis, check to measure Vestum AB'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 Vestum AB is operating at the current time. Most of Vestum AB's value examination focuses on studying past and present price action to predict the probability of Vestum AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestum AB's price. Additionally, you may evaluate how the addition of Vestum AB to your portfolios can decrease your overall portfolio volatility.
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