Viaplay Group (Sweden) Price on April 23, 2024

VPLAY-B Stock   0.66  0.01  1.49%   
If you're considering investing in Viaplay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Viaplay Group stands at 0.66, as last reported on the 23rd of November, with the highest price reaching 0.68 and the lowest price hitting 0.65 during the day. Viaplay Group AB 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. Viaplay Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Viaplay Group's Coefficient Of Variation of (991.71), risk adjusted performance of (0.07), and Variance of 10.7 to confirm the risk estimate we provide.
  
Viaplay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1065

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Negative ReturnsVPLAY-B

Estimated Market Risk

 3.27
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.35
  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 Viaplay Group 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 Viaplay Group by adding Viaplay Group to a well-diversified portfolio.

Viaplay Group Valuation on April 23, 2024

It is possible to determine the worth of Viaplay Group on a given historical date. On April 23, 2024 Viaplay was worth 0.71 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viaplay Group stock. Still, in general, we apply an absolute valuation method to find Viaplay 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 Viaplay Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viaplay Group's related companies.
 Open High Low Close Volume
  0.72    0.80    0.72    0.79    56,630,772  
04/23/2024
  0.71    0.75    0.67    0.67    75,851,729  
  0.67    0.67    0.61    0.61    55,431,957  
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Open Value
0.71
0.67
Closing Value
10.51
Upside

Viaplay Group Trading Date Momentum on April 23, 2024

On April 24 2024 Viaplay Group AB was traded for  0.61  at the closing time. The highest price during the trading period was 0.67  and the lowest recorded bid was listed for  0.61 . The volume for the day was 55.4 M. This history from April 24, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 8.96% . The trading price change to the current price is 19.40% .

Viaplay Group AB Fundamentals Correlations and Trends

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

About Viaplay Group Stock history

Viaplay 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 Viaplay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viaplay Group AB 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 Viaplay Group stock prices may prove useful in developing a viable investing in Viaplay Group

Viaplay Group Stock Technical Analysis

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

Viaplay Group Period Price Range

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Viaplay Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Viaplay Group November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Viaplay 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 Viaplay Group shares will generate the highest return on investment. By undertsting and applying Viaplay Group stock market strength indicators, traders can identify Viaplay Group AB entry and exit signals to maximize returns

Viaplay Group Technical and Predictive Indicators

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

When running Viaplay Group's price analysis, check to measure Viaplay 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 Viaplay Group is operating at the current time. Most of Viaplay Group's value examination focuses on studying past and present price action to predict the probability of Viaplay 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 Viaplay Group's price. Additionally, you may evaluate how the addition of Viaplay Group to your portfolios can decrease your overall portfolio volatility.
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