Vietnam Ocean (Vietnam) Price on November 27, 2024

VSA Stock   23,000  200.00  0.88%   
If you're considering investing in Vietnam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vietnam Ocean stands at 23,000, as last reported on the 1st of December, with the highest price reaching 23,600 and the lowest price hitting 23,000 during the day. Vietnam Ocean Shipping owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0127, which indicates the firm had a -0.0127% return per unit of risk over the last 3 months. Vietnam Ocean Shipping exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vietnam Ocean's Variance of 1.32, coefficient of variation of (1,404,631), and Risk Adjusted Performance of 0.0033 to confirm the risk estimate we provide.
  
Vietnam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0127

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Vietnam Ocean 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 Vietnam Ocean by adding Vietnam Ocean to a well-diversified portfolio.

Vietnam Ocean Valuation on November 27, 2024

It is possible to determine the worth of Vietnam Ocean on a given historical date. On November 27, 2024 Vietnam was worth 22900.0 at the beginning of the trading date compared to the closed value of 22800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vietnam Ocean stock. Still, in general, we apply an absolute valuation method to find Vietnam Ocean'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 Vietnam Ocean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vietnam Ocean's related companies.
 Open High Low Close Volume
  23,300    23,300    23,300    23,300    420.00  
11/27/2024
  22,900    23,000    22,800    22,800    2,215  
  23,200    23,600    23,000    23,000    5,803  
Backtest Vietnam Ocean  |  Vietnam Ocean History  PreviousNext  
Open Value
22900.0
22,896
Downside
22800.0
Closing Value
22,904
Upside

Vietnam Ocean Trading Date Momentum on November 27, 2024

On November 28 2024 Vietnam Ocean Shipping was traded for  23,000  at the closing time. The maximum traded price for the trading interval was 23,600  and the lowest daily price was  23,000 . The daily volume was recorded at 5.8 K. The volume of trading on 28th of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.88% . The trading price change to the closing price today is 1.75% .

Price Boundaries

Vietnam Ocean Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vietnam Ocean Shipping cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Vietnam Ocean December 1, 2024 Market Strength

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

Vietnam Ocean Technical and Predictive Indicators

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