Viking Line (Finland) Price on June 5, 2024
| VIK1V Stock | EUR 21.10 0.90 4.46% |
If you're considering investing in Viking Stock, it is important to understand the factors that can impact its price. As of today, the current price of Viking Line stands at 21.10, as last reported on the 29th of November, with the highest price reaching 21.20 and the lowest price hitting 20.10 during the day. Viking Line is very steady at the moment. Viking Line Abp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0234, which indicates the firm had a 0.0234% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Viking Line Abp, which you can use to evaluate the volatility of the company. Please validate Viking Line's Risk Adjusted Performance of 0.0302, coefficient of variation of 2941.65, and Semi Deviation of 1.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.031%.
Viking Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Viking |
Sharpe Ratio = 0.0234
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| Negative Returns | VIK1V |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Viking Line is performing at about 1% of its full potential. 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 Viking Line by adding it to a well-diversified portfolio.
Viking Line Valuation on June 5, 2024
It is possible to determine the worth of Viking Line on a given historical date. On June 5, 2024 Viking was worth 23.0 at the beginning of the trading date compared to the closed value of 22.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viking Line stock. Still, in general, we apply an absolute valuation method to find Viking Line'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 Viking Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viking Line's related companies.
| Open | High | Low | Close | Volume | |
| 23.00 | 23.00 | 22.70 | 22.90 | 695.00 | |
06/05/2024 | 23.00 | 23.00 | 22.60 | 22.60 | 218.00 |
| 22.70 | 22.70 | 21.90 | 22.20 | 575.00 |
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Viking Line Trading Date Momentum on June 5, 2024
| On June 06 2024 Viking Line Abp was traded for 22.20 at the closing time. The highest price during the trading period was 22.70 and the lowest recorded bid was listed for 21.90 . The volume for the day was 575. This history from June 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.77% . The trading price change to the current price is 2.65% . |
Viking Line Abp Fundamentals Correlations and Trends
By evaluating Viking Line'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 Viking Line's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Viking financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Viking Line Stock history
Viking Line 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 Viking is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viking Line Abp 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 Viking Line stock prices may prove useful in developing a viable investing in Viking Line
Viking Line ABP, together with its subsidiaries, provides passenger and cargo carrier services. Viking Line ABP was founded in 1959 and is headquartered in Mariehamn, Finland. Viking Line operates under Shipping Ports classification in Finland and is traded on Helsinki Exchange. It employs 2502 people.
Viking Line Stock Technical Analysis
Viking Line 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.
Price Boundaries
Viking Line Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Viking Line Abp cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Viking Line November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Viking Line stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Viking Line shares will generate the highest return on investment. By undertsting and applying Viking Line stock market strength indicators, traders can identify Viking Line Abp entry and exit signals to maximize returns
Viking Line Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Viking Line's price direction in advance. Along with the technical and fundamental analysis of Viking Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Viking 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 | 0.0302 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.70) |
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| Volume Indicators |
Complementary Tools for Viking Stock analysis
When running Viking Line's price analysis, check to measure Viking Line'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 Viking Line is operating at the current time. Most of Viking Line's value examination focuses on studying past and present price action to predict the probability of Viking Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viking Line's price. Additionally, you may evaluate how the addition of Viking Line to your portfolios can decrease your overall portfolio volatility.
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