Voestalpine Ag Stock Price on October 28, 2024

VLPNF Stock  USD 21.23  0.00  0.00%   
If you're considering investing in Voestalpine Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Voestalpine stands at 21.23, as last reported on the 1st of December, with the highest price reaching 21.23 and the lowest price hitting 21.23 during the day. Voestalpine AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Voestalpine AG exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voestalpine's Coefficient Of Variation of (692.08), risk adjusted performance of (0.11), and Variance of 1.67 to confirm the risk estimate we provide.
  
Voestalpine Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1456

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Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Voestalpine 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 Voestalpine by adding Voestalpine to a well-diversified portfolio.

Related Headline

Steel Dynamics Headline on 28th of October 2024

Filed transaction by Steel Dynamics Officer: Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Voestalpine Valuation on October 28, 2024

It is possible to determine the worth of Voestalpine on a given historical date. On October 28, 2024 Voestalpine was worth 21.23 at the beginning of the trading date compared to the closed value of 21.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voestalpine pink sheet. Still, in general, we apply an absolute valuation method to find Voestalpine'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 Voestalpine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voestalpine's related companies.
 Open High Low Close Volume
  21.23    21.23    21.23    21.23    18,625  
10/28/2024
  21.23    21.23    21.23    21.23    1.00  
  21.23    21.23    21.23    21.23    1.00  
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Open Value
21.23
21.23
Closing Value
25.14
Upside

Voestalpine Trading Date Momentum on October 28, 2024

On October 29 2024 Voestalpine AG was traded for  21.23  at the closing time. The highest daily price throughout the period was 21.23  and the lowest price was  21.23 . There was no trading activity during the period 1.0. Lack of trading volume on 10/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .

Voestalpine AG Fundamentals Correlations and Trends

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

About Voestalpine Pink Sheet history

Voestalpine 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 Voestalpine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Voestalpine AG 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 Voestalpine stock prices may prove useful in developing a viable investing in Voestalpine
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, stamped, and roll-profiled parts for use in automotive, white goodsconsumer goods, buildingconstruction, energy, mechanical engineering, and others. Voest Alpine operates under Steel classification in the United States and is traded on OTC Exchange. It employs 49900 people.

Voestalpine Pink Sheet Technical Analysis

Voestalpine technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Voestalpine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voestalpine 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

Voestalpine Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Voestalpine AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Voestalpine December 1, 2024 Market Strength

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

Voestalpine Technical and Predictive Indicators

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

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