Velan Inc Stock Price History

VLNSF Stock  USD 7.44  0.06  0.81%   
If you're considering investing in Velan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Velan stands at 7.44, as last reported on the 12th of December 2024, with the highest price reaching 7.44 and the lowest price hitting 7.44 during the day. Velan appears to be moderately volatile, given 3 months investment horizon. Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Velan's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Velan's Coefficient Of Variation of 536.72, semi deviation of 1.5, and Risk Adjusted Performance of 0.143 to confirm if our risk estimates are consistent with your expectations.
  
Velan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1893

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 0.87
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Velan is performing at about 14% 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 Pink Sheet 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 PriceOctober 29, 20248.6
Lowest PriceSeptember 18, 20244.54

Velan December 12, 2024 Pink Sheet 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 Pink Sheet. 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 Pink Sheet.
Velan Price Action Indicator 0.03 
Velan Price Rate Of Daily Change 1.01 

Velan December 12, 2024 Pink Sheet 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 Pink Sheet Price History Data

The price series of Velan for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 4.06 with a coefficient of variation of 19.79. The daily prices for the period are distributed with arithmetic mean of 7.01. The median price for the last 90 days is 7.74. The company paid out dividends to its shareholders on 2022-06-16.
OpenHighLowCloseVolume
12/12/2024
 7.44  7.44  7.44  7.44 
12/10/2024 7.44  7.44  7.44  7.44  1.00 
12/09/2024 7.44  7.44  7.44  7.44  200.00 
12/06/2024 7.44  7.44  7.44  7.44  1.00 
12/05/2024 7.44  7.44  7.44  7.44  100.00 
12/04/2024 7.45  7.61  7.38  7.38  3,834 
12/03/2024 7.74  7.74  7.74  7.74  1.00 
12/02/2024 7.90  7.90  7.74  7.74  388.00 
11/29/2024 8.11  8.11  8.11  8.11  1.00 
11/28/2024 7.76  8.11  7.76  8.11  210.00 
11/27/2024 8.11  8.11  8.11  8.11  1.00 
11/26/2024 8.10  8.11  8.10  8.11  1,222 
11/25/2024 7.76  7.76  7.76  7.76  1.00 
11/22/2024 7.76  7.76  7.76  7.76  210.00 
11/21/2024 8.30  8.30  8.30  8.30  1.00 
11/20/2024 8.30  8.30  8.30  8.30  300.00 
11/19/2024 8.56  8.56  8.38  8.45  1,500 
11/18/2024 8.05  8.05  8.05  8.05  1.00 
11/15/2024 8.05  8.05  8.05  8.05  1.00 
11/14/2024 8.05  8.05  8.05  8.05  1.00 
11/13/2024 8.05  8.05  8.05  8.05  1.00 
11/12/2024 8.05  8.05  8.05  8.05  1.00 
11/11/2024 8.05  8.05  8.05  8.05  1.00 
11/08/2024 8.05  8.05  8.05  8.05  200.00 
11/07/2024 8.48  8.48  8.48  8.48  1.00 
11/06/2024 8.48  8.48  8.48  8.48  1.00 
11/05/2024 8.25  8.48  8.11  8.48  2,289 
11/04/2024 8.35  8.35  8.35  8.35  1.00 
11/01/2024 8.35  8.35  8.35  8.35  100.00 
10/31/2024 8.54  8.54  8.30  8.30  3,401 
10/30/2024 8.36  8.53  8.36  8.50  3,501 
10/29/2024 8.30  8.60  8.30  8.60  11,500 
10/28/2024 7.82  8.64  7.68  7.91  21,595 
10/25/2024 7.85  7.85  7.85  7.85  1.00 
10/24/2024 8.00  8.00  7.66  7.85  1,650 
10/23/2024 7.75  7.75  7.75  7.75  100.00 
10/22/2024 7.76  7.76  7.76  7.76  500.00 
10/21/2024 8.07  8.07  8.07  8.07  10,230 
10/18/2024 7.65  7.65  7.65  7.65  1.00 
10/17/2024 8.00  8.00  7.65  7.65  4,434 
10/16/2024 7.70  8.10  7.60  8.10  5,006 
10/15/2024 7.23  7.65  7.23  7.60  8,033 
10/14/2024 7.15  7.15  7.15  7.15  1.00 
10/11/2024 7.00  7.15  7.00  7.15  450.00 
10/10/2024 6.39  6.66  6.33  6.33  3,983 
10/09/2024 5.74  5.74  5.74  5.74  1.00 
10/08/2024 5.74  5.74  5.74  5.74  1.00 
10/07/2024 5.74  5.74  5.74  5.74  1.00 
10/04/2024 5.74  5.74  5.74  5.74  1.00 
10/03/2024 5.74  5.74  5.74  5.74  1.00 
10/02/2024 5.74  5.74  5.74  5.74  1.00 
10/01/2024 5.74  5.74  5.74  5.74  1.00 
09/30/2024 5.74  5.74  5.74  5.74  1.00 
09/27/2024 5.74  5.74  5.74  5.74  1.00 
09/26/2024 5.74  5.74  5.74  5.74  1.00 
09/25/2024 5.74  5.74  5.74  5.74  1.00 
09/24/2024 5.74  5.74  5.74  5.74  100.00 
09/23/2024 4.54  4.54  4.54  4.54  1.00 
09/20/2024 4.34  4.54  4.34  4.54  500.00 
09/19/2024 4.54  4.54  4.54  4.54  1.00 
09/18/2024 4.54  4.54  4.54  4.54  1.00 

About Velan Pink Sheet 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. Velan Inc. was founded in 1950 and is headquartered in Montral, Canada. Velan operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 1658 people.

Velan Pink Sheet Technical Analysis

Velan technical pink sheet 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, pink sheet 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 Pink Sheet 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.

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When running Velan's price analysis, check to measure Velan'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 Velan is operating at the current time. Most of Velan's value examination focuses on studying past and present price action to predict the probability of Velan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Velan's price. Additionally, you may evaluate how the addition of Velan to your portfolios can decrease your overall portfolio volatility.
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