Vnet Group Drc Stock Price on November 14, 2024

VNET Stock  USD 3.69  0.06  1.60%   
Below is the normalized historical share price chart for VNET Group DRC extending back to April 21, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VNET Group stands at 3.69, as last reported on the 26th of November, with the highest price reaching 3.79 and the lowest price hitting 3.51 during the day.
IPO Date
21st of April 2011
200 Day MA
2.3691
50 Day MA
3.615
Beta
(0.28)
 
Yuan Drop
 
Covid
If you're considering investing in VNET Stock, it is important to understand the factors that can impact its price. VNET Group appears to be very risky, given 3 months investment horizon. VNET Group DRC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of volatility over the last 3 months. By examining VNET Group's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please review VNET Group's coefficient of variation of 614.7, and Risk Adjusted Performance of 0.1332 to confirm if our risk estimates are consistent with your expectations.
  
At this time, VNET Group's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 112.3 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 101 M in 2024. . Price To Sales Ratio is likely to drop to 0.39 in 2024. Price Earnings Ratio is likely to drop to -1.21 in 2024. VNET Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1425

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Estimated Market Risk

 6.28
  actual daily
55
55% of assets are less volatile

Expected Return

 0.89
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average VNET Group is performing at about 11% 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 VNET Group by adding it to a well-diversified portfolio.
Price Book
1.1262
Enterprise Value Ebitda
138.1986
Price Sales
0.1283
Shares Float
678.8 M
Wall Street Target Price
38.9411

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VNET Group Valuation on November 14, 2024

It is possible to determine the worth of VNET Group on a given historical date. On November 14, 2024 VNET was worth 3.4 at the beginning of the trading date compared to the closed value of 3.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VNET Group stock. Still, in general, we apply an absolute valuation method to find VNET Group'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 VNET Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VNET Group's related companies.
 Open High Low Close Volume
  3.50    3.58    3.37    3.42    687,442  
11/14/2024
  3.40    3.52    3.39    3.41    502,033  
  3.41    3.48    3.37    3.45    323,614  
Backtest VNET Group  |  VNET Group History  |  VNET Group Valuation   PreviousNext  
Open Value
3.4
3.41
Closing Value
22.24
Upside

VNET Group Trading Date Momentum on November 14, 2024

On November 15 2024 VNET Group DRC was traded for  3.45  at the closing time. The top price for the day was 3.48  and the lowest listed price was  3.37 . The trading volume for the day was 323.6 K. The trading history from November 15, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.17% . The trading price change against the current closing price is 11.14% .

VNET Group DRC Fundamentals Correlations and Trends

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

About VNET Group Stock history

VNET Group 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 VNET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VNET Group DRC 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 VNET Group stock prices may prove useful in developing a viable investing in VNET Group
Last ReportedProjected for Next Year
Common Stock Shares Outstanding150.2 M101 M
Net Loss-698.4 M-733.3 M

VNET Group Stock Technical Analysis

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

VNET Group Period Price Range

Low
November 26, 2024
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High

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VNET Group DRC cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

VNET Group November 26, 2024 Market Strength

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

VNET Group Technical and Predictive Indicators

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

Additional Tools for VNET Stock Analysis

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