Velan Inc Stock Price History

VLN Stock  CAD 11.10  0.15  1.33%   
If you're considering investing in Velan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Velan stands at 11.10, as last reported on the 28th of November, with the highest price reaching 11.26 and the lowest price hitting 11.10 during the day. Velan is somewhat reliable given 3 months investment horizon. Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Velan Inc Semi Deviation of 2.04, coefficient of variation of 371.72, and Risk Adjusted Performance of 0.2141 to evaluate company specific risk that cannot be diversified away.
  
Velan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.269

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Estimated Market Risk

 3.75
  actual daily
33
67% of assets are more volatile

Expected Return

 1.01
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Velan is performing at about 21% 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 Velan by adding it to a well-diversified portfolio.

Velan Stock Price History Chart

There are several ways to analyze Velan Stock price data. The simplest method is using a basic Velan candlestick price chart, which shows Velan price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 14, 202412.26
Lowest PriceSeptember 4, 20246.15

Velan November 28, 2024 Stock Price Synopsis

Various analyses of Velan's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Velan Stock. It can be used to describe the percentage change in the price of Velan from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Velan Stock.
Velan Price Action Indicator(0.16)
Velan Price Daily Balance Of Power(0.94)
Velan Price Rate Of Daily Change 0.99 
Velan Accumulation Distribution 278.51 

Velan November 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Velan Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Velan intraday prices and daily technical indicators to check the level of noise trading in Velan Stock and then apply it to test your longer-term investment strategies against Velan.

Velan Stock Price History Data

OpenHighLowCloseVolume
11/28/2024 11.25  11.26  11.10  11.10  19,600 
11/27/2024 11.20  11.30  11.20  11.25  4,100 
11/26/2024 11.16  11.40  11.11  11.18  6,580 
11/25/2024 11.48  11.56  11.36  11.43  13,556 
11/22/2024 10.82  11.65  10.82  11.61  13,467 
11/21/2024 11.40  12.00  10.77  10.97  18,550 
11/20/2024 11.45  11.63  11.40  11.61  4,447 
11/19/2024 12.20  12.20  11.30  11.42  9,232 
11/18/2024 12.07  12.30  12.06  12.20  6,484 
11/15/2024 12.12  12.15  12.05  12.15  5,855 
11/14/2024 12.20  12.35  12.20  12.26  6,150 
11/13/2024 11.97  12.30  11.95  12.22  13,793 
11/12/2024 11.75  12.00  11.75  12.00  9,700 
11/11/2024 11.70  11.92  11.57  11.91  18,159 
11/08/2024 11.43  11.70  11.43  11.70  35,675 
11/07/2024 11.75  11.75  11.35  11.68  23,100 
11/06/2024 11.32  12.00  11.32  11.75  19,212 
11/05/2024 11.51  11.69  11.10  11.50  19,665 
11/04/2024 11.85  12.00  11.50  11.50  48,900 
11/01/2024 11.50  11.74  11.50  11.55  5,800 
10/31/2024 11.61  11.61  11.35  11.54  5,639 
10/30/2024 11.27  12.00  11.18  11.67  18,156 
10/29/2024 11.00  12.02  11.00  11.40  108,144 
10/28/2024 11.11  11.30  10.85  11.01  27,746 
10/25/2024 10.76  11.05  10.76  11.05  23,050 
10/24/2024 10.98  11.03  10.74  10.98  6,700 
10/23/2024 10.96  11.03  10.55  11.00  31,373 
10/22/2024 11.07  11.25  10.61  10.96  25,288 
10/21/2024 10.51  11.33  10.51  11.25  74,820 
10/18/2024 10.94  10.96  10.21  10.88  16,869 
10/17/2024 11.00  11.09  10.10  10.95  54,491 
10/16/2024 10.69  11.00  10.39  11.00  92,864 
10/15/2024 9.82  10.50  9.82  10.50  88,428 
10/11/2024 8.89  9.95  8.89  9.71  119,499 
10/10/2024 8.40  8.99  8.40  8.65  39,800 
10/09/2024 8.00  8.27  8.00  8.27  10,440 
10/08/2024 8.05  8.09  8.00  8.01  4,700 
10/07/2024 8.45  8.45  8.00  8.00  4,285 
10/04/2024 8.49  8.49  8.21  8.36  5,900 
10/03/2024 8.68  8.68  8.18  8.49  9,470 
10/02/2024 8.95  8.99  8.55  8.65  10,533 
10/01/2024 8.16  8.67  8.16  8.35  13,356 
09/30/2024 8.68  8.68  8.01  8.20  18,703 
09/27/2024 8.21  8.60  8.21  8.56  10,130 
09/26/2024 8.95  8.95  7.85  8.20  24,181 
09/25/2024 7.95  8.85  7.82  8.85  51,359 
09/24/2024 7.00  8.00  7.00  7.92  50,075 
09/23/2024 6.74  7.19  6.74  7.00  15,850 
09/20/2024 6.60  6.75  6.54  6.75  17,815 
09/19/2024 6.46  6.57  6.45  6.55  2,800 
09/18/2024 6.51  6.51  6.50  6.50  400.00 
09/17/2024 6.50  6.51  6.34  6.50  4,900 
09/16/2024 6.40  6.42  6.40  6.42  4,687 
09/13/2024 6.41  6.44  6.41  6.44  600.00 
09/12/2024 6.49  6.55  6.49  6.49  5,400 
09/11/2024 6.50  6.54  6.50  6.54  1,200 
09/10/2024 6.40  6.50  6.39  6.48  10,860 
09/09/2024 6.49  6.49  6.35  6.35  600.00 
09/06/2024 6.35  6.49  6.35  6.37  10,490 
09/05/2024 6.15  6.34  6.15  6.34  2,000 
09/04/2024 6.20  6.25  6.15  6.15  16,106 

About Velan Stock history

Velan 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 Velan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Velan Inc 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 Velan stock prices may prove useful in developing a viable investing in Velan
Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company was founded in 1950 and is headquartered in Montral, Canada. VELAN INC operates under Diversified Industrials classification in Canada and is traded on Toronto Stock Exchange. It employs 1827 people.

Velan Stock Technical Analysis

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

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Velan Technical and Predictive Indicators

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

Other Information on Investing in Velan Stock

Velan financial ratios help investors to determine whether Velan 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 Velan with respect to the benefits of owning Velan security.