Viscofan (Spain) Price on September 3, 2024

VIS Stock  EUR 61.40  0.10  0.16%   
If you're considering investing in Viscofan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Viscofan stands at 61.40, as last reported on the 26th of November, with the highest price reaching 62.40 and the lowest price hitting 61.20 during the day. At this point, Viscofan is very steady. Viscofan owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0419, which indicates the firm had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Viscofan, which you can use to evaluate the volatility of the company. Please validate Viscofan's Coefficient Of Variation of 4035.29, semi deviation of 1.0, and Risk Adjusted Performance of 0.022 to confirm if the risk estimate we provide is consistent with the expected return of 0.0458%.
  
Viscofan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0419

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Estimated Market Risk

 1.09
  actual daily
9
91% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Viscofan 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 Viscofan by adding it to a well-diversified portfolio.

Viscofan Valuation on September 3, 2024

It is possible to determine the worth of Viscofan on a given historical date. On September 3, 2024 Viscofan was worth 59.85 at the beginning of the trading date compared to the closed value of 59.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viscofan stock. Still, in general, we apply an absolute valuation method to find Viscofan'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 Viscofan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viscofan's related companies.
 Open High Low Close Volume
  59.85    59.95    59.46    59.95    15,741  
09/03/2024
  59.85    59.85    58.78    59.36    26,247  
  58.78    59.36    58.78    59.36    22,683  
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Open Value
59.85
59.36
Closing Value
63.13
Upside

Viscofan Trading Date Momentum on September 3, 2024

On September 04 2024 Viscofan was traded for  59.36  at the closing time. The maximum traded price for the trading interval was 59.36  and the lowest daily price was  58.78 . The daily volume was recorded at 22.7 K. The volume of trading on 4th of September 2024 did not result in any price rise and fall. The trading price change to the closing price today is 2.81% .

Viscofan Fundamentals Correlations and Trends

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

About Viscofan Stock history

Viscofan 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 Viscofan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viscofan 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 Viscofan stock prices may prove useful in developing a viable investing in Viscofan
Viscofan, S.A., together with its subsidiaries, manufactures and distributes artificial casings primarily for use in the meat industry worldwide. Viscofan, S.A. was incorporated in 1975 and is headquartered in Tajonar, Spain. VISCOFAN S operates under Packaging Containers classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 5101 people.

Viscofan Stock Technical Analysis

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

Viscofan Period Price Range

Low
November 26, 2024
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High

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Viscofan cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.

Viscofan November 26, 2024 Market Strength

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

Viscofan Technical and Predictive Indicators

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

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