Vestjysk Bank (Denmark) Price on October 2, 2024

VJBA Stock  DKK 4.08  0.05  1.21%   
If you're considering investing in Vestjysk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vestjysk Bank stands at 4.08, as last reported on the 1st of December, with the highest price reaching 4.13 and the lowest price hitting 4.08 during the day. Vestjysk Bank AS 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. Vestjysk Bank AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestjysk Bank's Variance of 0.5821, coefficient of variation of (1,096), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
  
Vestjysk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1113

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Estimated Market Risk

 0.75
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.08
  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 Vestjysk Bank 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 Vestjysk Bank by adding Vestjysk Bank to a well-diversified portfolio.

Vestjysk Bank Valuation on October 2, 2024

It is possible to determine the worth of Vestjysk Bank on a given historical date. On October 2, 2024 Vestjysk was worth 4.26 at the beginning of the trading date compared to the closed value of 4.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vestjysk Bank stock. Still, in general, we apply an absolute valuation method to find Vestjysk Bank'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 Vestjysk Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vestjysk Bank's related companies.
 Open High Low Close Volume
  4.21    4.27    4.21    4.23    120,442  
10/02/2024
  4.26    4.26    4.20    4.25    208,924  
  4.23    4.23    4.19    4.20    274,536  
Backtest Vestjysk Bank  |  Vestjysk Bank History  |  Vestjysk Bank Valuation   PreviousNext  
Open Value
4.26
4.25
Closing Value
6.52
Upside

Vestjysk Bank Trading Date Momentum on October 2, 2024

On October 03 2024 Vestjysk Bank AS was traded for  4.20  at the closing time. The highest price during the trading period was 4.23  and the lowest recorded bid was listed for  4.19 . The volume for the day was 274.5 K. This history from October 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.18% . The trading price change to the current price is 1.41% .

Vestjysk Bank AS Fundamentals Correlations and Trends

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

About Vestjysk Bank Stock history

Vestjysk Bank 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 Vestjysk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vestjysk Bank AS 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 Vestjysk Bank stock prices may prove useful in developing a viable investing in Vestjysk Bank
Vestjysk Bank AS provides banking products and services for retail and business customers in Jutland, Denmark. The company was founded in 1887 and is based in Lemvig, Denmark. Vestjysk Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 370 people.

Vestjysk Bank Stock Technical Analysis

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

Vestjysk Bank Period Price Range

Low
December 1, 2024
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High

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Vestjysk Bank AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.

Vestjysk Bank December 1, 2024 Market Strength

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

Vestjysk Bank Technical and Predictive Indicators

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

Other Information on Investing in Vestjysk Stock

Vestjysk Bank financial ratios help investors to determine whether Vestjysk Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vestjysk with respect to the benefits of owning Vestjysk Bank security.