Velan Inc Stock Price History

VLN Stock  CAD 5.36  0.12  2.29%   
Below is the normalized historical share price chart for Velan Inc extending back to September 18, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Velan stands at 5.36, as last reported on the 28th of March, with the highest price reaching 5.39 and the lowest price hitting 5.16 during the day.
200 Day MA
7.8459
50 Day MA
5.2078
Beta
0.796
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Velan Stock, it is important to understand the factors that can impact its price. We consider Velan somewhat reliable. Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0069, which indicates the firm had a 0.0069% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Velan Inc, which you can use to evaluate the volatility of the company. Please validate Velan's Coefficient Of Variation of 2750.64, semi deviation of 1.41, and Risk Adjusted Performance of 0.0262 to confirm if the risk estimate we provide is consistent with the expected return of 0.0097%.
  
As of the 28th of March 2024, Total Stockholder Equity is likely to drop to about 273 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 17.8 M. At this time, Velan's Price Cash Flow Ratio is very stable compared to the past year. As of the 28th of March 2024, Price Sales Ratio is likely to grow to 1.06, while Price Earnings To Growth Ratio is likely to drop (0.90). Velan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0069

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsVLN

Estimated Market Risk

 1.4
  actual daily
12
88% 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 Velan 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 Velan by adding Velan to a well-diversified portfolio.
Price Book
0.4492
Enterprise Value Ebitda
(3.10)
Price Sales
0.3156
Shares Float
4.2 M
Dividend Share
0.04

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 PriceJanuary 11, 20245.5
Lowest PriceMarch 11, 20245.07

Velan March 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 0.15 
Velan Price Daily Balance Of Power 0.52 
Velan Price Rate Of Daily Change 1.02 
Velan Accumulation Distribution 247.62 

Velan March 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

The price series of Velan for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 0.43 with a coefficient of variation of 1.69. The daily prices for the period are distributed with arithmetic mean of 5.22. The median price for the last 90 days is 5.22. The company paid out dividends to its shareholders on 2023-06-15.
OpenHighLowCloseVolume
03/27/2024 5.16  5.39  5.16  5.36  5,803 
03/26/2024 5.24  5.24  5.24  5.24  400.00 
03/25/2024 5.23  5.30  5.15  5.25  7,900 
03/22/2024 5.16  5.16  5.15  5.15  701.00 
03/21/2024 5.23  5.24  5.15  5.15  4,300 
03/20/2024 5.17  5.17  5.14  5.15  3,970 
03/19/2024 5.11  5.17  5.11  5.17  4,600 
03/18/2024 5.12  5.12  5.12  5.12  1.00 
03/15/2024 5.10  5.12  5.07  5.12  1,129 
03/14/2024 5.15  5.15  5.09  5.09  3,938 
03/13/2024 5.07  5.30  5.07  5.30  9,330 
03/12/2024 5.07  5.21  5.07  5.21  1,300 
03/11/2024 5.07  5.10  5.05  5.07  5,500 
03/08/2024 5.07  5.11  5.07  5.11  1,620 
03/07/2024 5.13  5.15  5.05  5.12  14,300 
03/06/2024 5.12  5.21  5.12  5.17  3,315 
03/05/2024 5.14  5.15  5.14  5.15  900.00 
03/04/2024 5.17  5.24  5.12  5.13  2,600 
03/01/2024 5.13  5.25  5.13  5.16  2,200 
02/29/2024 5.13  5.16  5.13  5.16  3,721 
02/28/2024 5.15  5.29  5.11  5.14  17,800 
02/27/2024 5.25  5.25  5.15  5.15  3,684 
02/26/2024 5.19  5.22  5.15  5.15  1,700 
02/23/2024 5.18  5.18  5.18  5.18  1.00 
02/22/2024 5.19  5.19  5.18  5.18  3,600 
02/21/2024 5.20  5.20  5.20  5.20  6,100 
02/20/2024 5.20  5.20  5.20  5.20  1,800 
02/16/2024 5.29  5.29  5.21  5.21  300.00 
02/15/2024 5.20  5.20  5.20  5.20  1.00 
02/14/2024 5.16  5.28  5.16  5.20  1,900 
02/13/2024 5.20  5.27  5.17  5.17  2,100 
02/12/2024 5.23  5.28  5.23  5.27  3,009 
02/09/2024 5.25  5.25  5.20  5.21  2,720 
02/08/2024 5.23  5.23  5.22  5.22  410.00 
02/07/2024 5.26  5.36  5.25  5.36  8,800 
02/06/2024 5.27  5.27  5.27  5.27  201.00 
02/05/2024 5.26  5.35  5.26  5.29  10,000 
02/02/2024 5.26  5.28  5.26  5.28  1,316 
02/01/2024 5.25  5.25  5.25  5.25  400.00 
01/31/2024 5.31  5.31  5.24  5.24  6,945 
01/30/2024 5.29  5.35  5.29  5.33  8,061 
01/29/2024 5.29  5.38  5.28  5.28  10,000 
01/26/2024 5.33  5.33  5.21  5.28  9,505 
01/25/2024 5.36  5.36  5.23  5.23  8,236 
01/24/2024 5.31  5.31  5.31  5.31  2,501 
01/23/2024 5.41  5.47  5.31  5.31  14,000 
01/22/2024 5.29  5.37  5.29  5.33  1,901 
01/19/2024 5.26  5.27  5.22  5.22  11,492 
01/18/2024 5.24  5.27  5.24  5.24  1,800 
01/17/2024 5.29  5.29  5.24  5.24  6,822 
01/16/2024 5.26  5.37  5.23  5.23  4,582 
01/15/2024 5.36  5.36  5.25  5.25  200.00 
01/12/2024 5.23  5.42  5.21  5.24  48,943 
01/11/2024 5.47  5.54  5.47  5.50  13,101 
01/10/2024 5.37  5.48  5.37  5.48  19,690 
01/09/2024 5.32  5.33  5.32  5.33  801.00 
01/08/2024 5.30  5.46  5.26  5.27  14,702 
01/05/2024 5.35  5.35  5.23  5.23  6,202 
01/04/2024 5.23  5.40  5.22  5.35  16,900 
01/03/2024 5.32  5.45  5.23  5.23  10,301 
01/02/2024 5.38  5.45  5.32  5.39  10,884 

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
Last ReportedProjected for 2024
Common Stock Shares Outstanding21.6 M17.8 M
Net Loss-16.4 M-15.6 M

Velan Quarterly Net Working Capital

233.31 Million

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...

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Velan Stock analysis

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.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Please note, there is a significant difference between Velan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.