VOLVO B (Germany) Price on November 29, 2024
| VOL4 Stock | EUR 24.40 0.20 0.81% |
If you're considering investing in VOLVO Stock, it is important to understand the factors that can impact its price. As of today, the current price of VOLVO B stands at 24.40, as last reported on the 13th of December 2024, with the highest price reaching 24.40 and the lowest price hitting 24.40 during the day. At this point, VOLVO B is very steady. VOLVO B UNSPADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0913, which indicates the firm had a 0.0913% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for VOLVO B UNSPADR, which you can use to evaluate the volatility of the company. Please validate VOLVO B's coefficient of variation of 832.16, and Risk Adjusted Performance of 0.0932 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
VOLVO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VOLVO |
Sharpe Ratio = 0.0913
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average VOLVO B is performing at about 7% 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 VOLVO B by adding it to a well-diversified portfolio.
VOLVO B Valuation on November 29, 2024
It is possible to determine the worth of VOLVO B on a given historical date. On November 29, 2024 VOLVO was worth 23.2 at the beginning of the trading date compared to the closed value of 23.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VOLVO B stock. Still, in general, we apply an absolute valuation method to find VOLVO B'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 VOLVO B where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VOLVO B's related companies.
| Open | High | Low | Close | Volume | |
| 23.00 | 23.40 | 23.00 | 23.40 | 1.00 | |
11/29/2024 | 23.20 | 23.20 | 23.20 | 23.20 | 1.00 |
| 23.00 | 23.00 | 23.00 | 23.00 | 1.00 |
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VOLVO B Trading Date Momentum on November 29, 2024
| On December 02 2024 VOLVO B UNSPADR was traded for 23.00 at the closing time. The maximum traded price for the trading interval was 23.00 and the lowest daily price was 23.00 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.86% . The trading price change to the closing price today is 5.17% . |
VOLVO B UNSPADR Fundamentals Correlations and Trends
By evaluating VOLVO B'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 VOLVO B's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VOLVO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VOLVO B Stock history
VOLVO B 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 VOLVO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VOLVO B UNSPADR 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 VOLVO B stock prices may prove useful in developing a viable investing in VOLVO B
AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. AB Volvo was incorporated in 1915 and is headquartered in Gothenburg, Sweden. VOLVO B is traded on Frankfurt Stock Exchange in Germany.
VOLVO B Stock Technical Analysis
VOLVO B 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
VOLVO B Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
VOLVO B UNSPADR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
VOLVO B December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how VOLVO B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VOLVO B shares will generate the highest return on investment. By undertsting and applying VOLVO B stock market strength indicators, traders can identify VOLVO B UNSPADR entry and exit signals to maximize returns
VOLVO B Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VOLVO B's price direction in advance. Along with the technical and fundamental analysis of VOLVO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VOLVO 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 | 0.0932 | |||
| Jensen Alpha | 0.1625 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0551 | |||
| Treynor Ratio | 0.495 |
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| Volume Indicators |
Complementary Tools for VOLVO Stock analysis
When running VOLVO B's price analysis, check to measure VOLVO B'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 VOLVO B is operating at the current time. Most of VOLVO B's value examination focuses on studying past and present price action to predict the probability of VOLVO B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VOLVO B's price. Additionally, you may evaluate how the addition of VOLVO B to your portfolios can decrease your overall portfolio volatility.
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