Velo3D Inc Price on August 18, 2024
| VLDDelisted Stock | USD 0.97 0.24 32.88% |
If you're considering investing in Velo3D Stock, it is important to understand the factors that can impact its price. As of today, the current price of Velo3D stands at 0.97, as last reported on the 29th of November, with the highest price reaching 1.20 and the lowest price hitting 0.73 during the day. Velo3D is out of control given 3 months investment horizon. Velo3D Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.077, which indicates the firm had a 0.077% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.24% are justified by taking the suggested risk. Use Velo3D Inc Risk Adjusted Performance of (0.02), variance of 205.15, and Coefficient Of Variation of (2,876) to evaluate company specific risk that cannot be diversified away.
Velo3D Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Velo3D |
Sharpe Ratio = 0.077
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| Average Returns | VLD | |||
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Estimated Market Risk
| 29.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.24 actual daily | 44 56% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Velo3D is performing at about 6% 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 Velo3D by adding it to a well-diversified portfolio.
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Velo3D Valuation on August 18, 2024
It is possible to determine the worth of Velo3D on a given historical date. On August 18, 2024 Velo3D was worth 1.33 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Velo3D stock. Still, in general, we apply an absolute valuation method to find Velo3D'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 Velo3D where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Velo3D's related companies.
| Open | High | Low | Close | Volume | |
| 1.55 | 1.61 | 1.23 | 1.30 | 636,627 | |
08/16/2024 | 1.33 | 1.33 | 1.23 | 1.23 | 204,445 |
| 1.29 | 1.29 | 1.22 | 1.24 | 214,863 |
| Backtest Velo3D | | | Velo3D History | | | Velo3D Valuation | Previous | Next |
Velo3D Trading Date Momentum on August 18, 2024
| On August 19 2024 Velo3D Inc was traded for 1.24 at the closing time. Highest Velo3D's price during the trading hours was 1.29 and the lowest price during the day was 1.22 . The net volume was 214.9 K. The overall trading history on the 19th of August contributed to the next trading period price growth. The trading price change to the next next day price was 0.81% . The trading price change to current price is 4.88% . |
Velo3D Inc Fundamentals Correlations and Trends
By evaluating Velo3D'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 Velo3D's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Velo3D financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Velo3D Stock history
Velo3D 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 Velo3D is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Velo3D Inc 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 Velo3D stock prices may prove useful in developing a viable investing in Velo3D
Velo3D, Inc. produces metal additive three dimensional printers in the United States and internationally. The company was founded in 2014 and is headquartered in Campbell, California. Velo3D operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 193 people.
Velo3D Stock Technical Analysis
Velo3D 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Velo3D Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Velo3D Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Velo3D November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Velo3D stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Velo3D shares will generate the highest return on investment. By undertsting and applying Velo3D stock market strength indicators, traders can identify Velo3D Inc entry and exit signals to maximize returns
Velo3D Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Velo3D's price direction in advance. Along with the technical and fundamental analysis of Velo3D Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Velo3D 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 | (0.02) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (2.66) | |||
| Treynor Ratio | (19.03) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Velo3D Stock
If you are still planning to invest in Velo3D Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Velo3D's history and understand the potential risks before investing.
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