Viohalco (Belgium) Price on May 21, 2024
VIO Stock | EUR 5.22 0.12 2.35% |
If you're considering investing in Viohalco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Viohalco stands at 5.22, as last reported on the 24th of November, with the highest price reaching 5.22 and the lowest price hitting 5.11 during the day. Viohalco SA 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. Viohalco SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Viohalco's Risk Adjusted Performance of (0.09), coefficient of variation of (768.87), and Variance of 2.67 to confirm the risk estimate we provide.
Viohalco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Viohalco |
Sharpe Ratio = -0.1127
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Estimated Market Risk
1.62 actual daily | 14 86% 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 Viohalco 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 Viohalco by adding Viohalco to a well-diversified portfolio.
Viohalco Valuation on May 21, 2024
It is possible to determine the worth of Viohalco on a given historical date. On May 21, 2024 Viohalco was worth 6.2 at the beginning of the trading date compared to the closed value of 6.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viohalco stock. Still, in general, we apply an absolute valuation method to find Viohalco'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 Viohalco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viohalco's related companies.
Open | High | Low | Close | Volume | |
6.16 | 6.20 | 6.16 | 6.20 | 3,375 | |
05/21/2024 | 6.20 | 6.34 | 6.16 | 6.26 | 4,570 |
6.35 | 6.40 | 6.18 | 6.18 | 3,120 |
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Viohalco Trading Date Momentum on May 21, 2024
On May 22 2024 Viohalco SA was traded for 6.18 at the closing time. The maximum traded price for the trading interval was 6.40 and the lowest daily price was 6.18 . The daily volume was recorded at 3.1 K. The volume of trading on 22nd of May 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.28% . The trading price change to the closing price today is 4.15% . |
Viohalco SA Fundamentals Correlations and Trends
By evaluating Viohalco'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 Viohalco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Viohalco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Viohalco Stock history
Viohalco 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 Viohalco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viohalco SA 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 Viohalco stock prices may prove useful in developing a viable investing in Viohalco
Viohalco S.A., through its subsidiaries, manufactures and sells aluminium, copper, cables, and steel and steel pipe products worldwide. Viohalco S.A. was founded in 1937 and is headquartered in Brussels, Belgium. VIOHALCO operates under Metals And Minerals Mining And Exploration classification in Belgium and is traded on Brussels Stock Exchange. It employs 9527 people.
Viohalco Stock Technical Analysis
Viohalco 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
Viohalco Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Viohalco SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Viohalco November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Viohalco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Viohalco shares will generate the highest return on investment. By undertsting and applying Viohalco stock market strength indicators, traders can identify Viohalco SA entry and exit signals to maximize returns
Viohalco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Viohalco's price direction in advance. Along with the technical and fundamental analysis of Viohalco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Viohalco 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 | (0.09) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.35) |
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Additional Tools for Viohalco Stock Analysis
When running Viohalco's price analysis, check to measure Viohalco'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 Viohalco is operating at the current time. Most of Viohalco's value examination focuses on studying past and present price action to predict the probability of Viohalco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viohalco's price. Additionally, you may evaluate how the addition of Viohalco to your portfolios can decrease your overall portfolio volatility.