Vetropack Holding (Switzerland) Price on September 5, 2024

VETN Stock  CHF 26.80  0.40  1.47%   
If you're considering investing in Vetropack Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vetropack Holding stands at 26.80, as last reported on the 25th of November, with the highest price reaching 27.30 and the lowest price hitting 26.75 during the day. Vetropack Holding 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. Vetropack Holding SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vetropack Holding's Coefficient Of Variation of (857.02), risk adjusted performance of (0.08), and Variance of 2.97 to confirm the risk estimate we provide.
  
Vetropack Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1078

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Estimated Market Risk

 1.69
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.18
  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 Vetropack Holding 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 Vetropack Holding by adding Vetropack Holding to a well-diversified portfolio.

Vetropack Holding Valuation on September 5, 2024

It is possible to determine the worth of Vetropack Holding on a given historical date. On September 5, 2024 Vetropack was worth 31.95 at the beginning of the trading date compared to the closed value of 31.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vetropack Holding stock. Still, in general, we apply an absolute valuation method to find Vetropack Holding'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 Vetropack Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vetropack Holding's related companies.
 Open High Low Close Volume
  31.85    31.95    30.65    31.75    14,220  
09/05/2024
  31.95    31.95    31.15    31.15    27,681  
  31.30    31.30    30.35    30.35    38,756  
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Open Value
31.95
31.15
Closing Value
37.03
Upside

Vetropack Holding Trading Date Momentum on September 5, 2024

On September 06 2024 Vetropack Holding SA was traded for  30.35  at the closing time. The highest price during the trading period was 31.30  and the lowest recorded bid was listed for  30.35 . The volume for the day was 38.8 K. This history from September 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.57% . The trading price change to the current price is 0.32% .

Vetropack Holding Fundamentals Correlations and Trends

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

About Vetropack Holding Stock history

Vetropack Holding 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 Vetropack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vetropack Holding 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 Vetropack Holding stock prices may prove useful in developing a viable investing in Vetropack Holding
Vetropack Holding AG, together with its subsidiaries, develops, manufactures, and distributes glass packaging products in Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, and Italy. Vetropack Holding AG was founded in 1911 and is headquartered in Blach, Switzerland. VETROPACK operates under Packaging Containers classification in Switzerland and is traded on Switzerland Exchange. It employs 14 people.

Vetropack Holding Stock Technical Analysis

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

Vetropack Holding Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vetropack Holding SA cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.

Vetropack Holding November 25, 2024 Market Strength

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

Vetropack Holding Technical and Predictive Indicators

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

Additional Tools for Vetropack Stock Analysis

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