Verena Multi (Indonesia) Price on October 25, 2024
| VRNA Stock | IDR 88.00 1.00 1.12% |
If you're considering investing in Verena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Verena Multi stands at 88.00, as last reported on the 28th of November, with the highest price reaching 88.00 and the lowest price hitting 87.00 during the day. Verena Multi Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0891, which indicates the firm had a -0.0891% return per unit of risk over the last 3 months. Verena Multi Finance exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verena Multi's Risk Adjusted Performance of (0.07), coefficient of variation of (1,075), and Variance of 3.06 to confirm the risk estimate we provide.
Verena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Verena |
Sharpe Ratio = -0.0891
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Verena Multi 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 Verena Multi by adding Verena Multi to a well-diversified portfolio.
Verena Multi Valuation on October 25, 2024
It is possible to determine the worth of Verena Multi on a given historical date. On October 25, 2024 Verena was worth 92.0 at the beginning of the trading date compared to the closed value of 91.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Verena Multi stock. Still, in general, we apply an absolute valuation method to find Verena Multi'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 Verena Multi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Verena Multi's related companies.
| Open | High | Low | Close | Volume | |
| 92.00 | 93.00 | 90.00 | 91.00 | 110,700 | |
10/25/2024 | 92.00 | 92.00 | 89.00 | 91.00 | 185,500 |
| 89.00 | 91.00 | 89.00 | 90.00 | 8,600 |
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Verena Multi Trading Date Momentum on October 25, 2024
| On October 28 2024 Verena Multi Finance was traded for 90.00 at the closing time. The highest price during the trading period was 91.00 and the lowest recorded bid was listed for 89.00 . The volume for the day was 8.6 K. This history from October 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.10% . The trading price change to the current price is 0.00% . |
Verena Multi Finance Fundamentals Correlations and Trends
By evaluating Verena Multi'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 Verena Multi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Verena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Verena Multi Stock history
Verena Multi 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 Verena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Verena Multi Finance 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 Verena Multi stock prices may prove useful in developing a viable investing in Verena Multi
Verena Multi Finance Tbk provides consumer finance and leasing services to individuals and financial institutions in Indonesia. Verena Multi Finance Tbk is a subsidiary of Mizuho Leasing Company, Limited Verena Multi operates under Credit Services classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 586 people.
Verena Multi Stock Technical Analysis
Verena Multi 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
Verena Multi Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Verena Multi Finance cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta 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.
Verena Multi November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Verena Multi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Verena Multi shares will generate the highest return on investment. By undertsting and applying Verena Multi stock market strength indicators, traders can identify Verena Multi Finance entry and exit signals to maximize returns
Verena Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Verena Multi's price direction in advance. Along with the technical and fundamental analysis of Verena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Verena 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 | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.49) |
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Other Information on Investing in Verena Stock
Verena Multi financial ratios help investors to determine whether Verena Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Verena with respect to the benefits of owning Verena Multi security.