VIMAB Group (Sweden) Price on November 25, 2024
| VIMAB Stock | 7.90 0.05 0.63% |
If you're considering investing in VIMAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of VIMAB Group stands at 7.90, as last reported on the 28th of November, with the highest price reaching 7.90 and the lowest price hitting 7.70 during the day. VIMAB Group appears to be very risky, given 3 months investment horizon. VIMAB Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0478, which indicates the firm had a 0.0478% return per unit of standard deviation over the last 3 months. By examining VIMAB Group's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review VIMAB Group's coefficient of variation of 1815.44, and Risk Adjusted Performance of 0.0517 to confirm if our risk estimates are consistent with your expectations.
VIMAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VIMAB |
Sharpe Ratio = 0.0478
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Estimated Market Risk
| 15.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average VIMAB Group is performing at about 3% 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 VIMAB Group by adding it to a well-diversified portfolio.
VIMAB Group Valuation on November 25, 2024
It is possible to determine the worth of VIMAB Group on a given historical date. On November 25, 2024 VIMAB was worth 7.55 at the beginning of the trading date compared to the closed value of 7.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VIMAB Group stock. Still, in general, we apply an absolute valuation method to find VIMAB Group'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 VIMAB Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VIMAB Group's related companies.
| Open | High | Low | Close | Volume | |
| 7.60 | 7.75 | 7.30 | 7.50 | 51,665 | |
11/25/2024 | 7.55 | 7.70 | 7.50 | 7.50 | 13,576 |
| 7.50 | 7.80 | 7.50 | 7.65 | 4,979 |
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VIMAB Group Trading Date Momentum on November 25, 2024
| On November 26 2024 VIMAB Group AB was traded for 7.65 at the closing time. The highest price during the trading period was 7.80 and the lowest recorded bid was listed for 7.50 . The volume for the day was 5 K. This history from November 26, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 2.00% . The trading price change to the current price is 2.67% . |
VIMAB Group AB Fundamentals Correlations and Trends
By evaluating VIMAB Group'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 VIMAB Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VIMAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VIMAB Group Stock history
VIMAB Group 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 VIMAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VIMAB Group 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 VIMAB Group stock prices may prove useful in developing a viable investing in VIMAB Group
VIMAB Group Stock Technical Analysis
VIMAB Group 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
VIMAB Group Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
VIMAB Group 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.
VIMAB Group November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how VIMAB Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VIMAB Group shares will generate the highest return on investment. By undertsting and applying VIMAB Group stock market strength indicators, traders can identify VIMAB Group AB entry and exit signals to maximize returns
VIMAB Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VIMAB Group's price direction in advance. Along with the technical and fundamental analysis of VIMAB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VIMAB 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 | 0.0517 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.1043 | |||
| Treynor Ratio | (0.24) |
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Additional Tools for VIMAB Stock Analysis
When running VIMAB Group's price analysis, check to measure VIMAB Group'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 VIMAB Group is operating at the current time. Most of VIMAB Group's value examination focuses on studying past and present price action to predict the probability of VIMAB Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIMAB Group's price. Additionally, you may evaluate how the addition of VIMAB Group to your portfolios can decrease your overall portfolio volatility.