Viscofan (Spain) Price on November 8, 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, risk adjusted performance of 0.022, and Semi Deviation of 1.0 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.
Viscofan |
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 November 8, 2024
It is possible to determine the worth of Viscofan on a given historical date. On November 8, 2024 Viscofan was worth 59.17 at the beginning of the trading date compared to the closed value of 59.85. 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 | |
| 59.56 | 60.15 | 59.56 | 59.85 | 28,915 | |
11/08/2024 | 59.17 | 60.25 | 59.17 | 59.85 | 27,042 |
| 60.15 | 60.44 | 59.85 | 60.15 | 41,313 |
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Viscofan Trading Date Momentum on November 8, 2024
| On November 11 2024 Viscofan was traded for 60.15 at the closing time. The maximum traded price for the trading interval was 60.44 and the lowest daily price was 59.85 . The daily volume was recorded at 41.3 K. The volume of trading on 11th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 0.50% . The trading price change to the closing price today is 1.65% . |
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.
Price Boundaries
Viscofan Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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.
| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.1) |
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| Volatility Indicators | ||
| Volume Indicators |
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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