VILLEROY BOCH AG VZ (VIB3) Stock Volume - Impact On Prices

| February 7, 2019More Stocks

This report analyzes the impact of recent 52-week volume of VILLEROY BOCH AG VZ (VIB3) stock on the share prices (and gains). After reading the report, you will be in a better position to assess the future impact of volumes on prices.

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Note: Volume is a measure of the total number of shares traded in the market. These are the tiny bars you will see at the bottom of the conventional price charts.

Below is a table of contents to help you navigate through the report. There are 5 sections in this analysis report.

  1. How VILLEROY BOCH AG VZ (VIB3) Weekly Volumes Are Affecting Price
  2. Did 30 Highest Volume Days Of VIB3 Closed In Profits?
  3. How VILLEROY BOCH AG VZ (VIB3) Monthly Volumes Are Affecting Price
  4. Volume Of VIB3 Vs Similar Stocks
  5. How Annual Volumes Are Affecting VIB3 Price

Note: Do you want to know the best performing days, months and weeks of VIB3 recently. We recommend you to read the 52-week highs/lows report for VIB3.

1 How VILLEROY BOCH AG VZ (VIB3) Weekly Volumes Are Affecting Price

First, let us see a graph representing the weekly prices and volumes for the recent 52 weeks between 05-02-2018 and 05-02-2019.

Note: Since prices and volumes are on different scales, we have plotted the percentage change in volumes against the percentage change in prices. In other words, each value denotes the difference (%) between the spot volume/price and the initial volume/price at the start of the graph.

VILLEROY BOCH AG VZ (VIB3) Stcok Current Year Volumes By Weekly

Note: To understand how we created the above graph, here is a table showing sample data.

WeekPrice (Avg.) (€)Price Change (%)Volumes (Avg.)Volume Change (%)
113.8403750
517.0323.051163210
918.3032.2361865
1318.0130.1344017
1718.4733.4545521
2117.8228.76283-25
2516.7621.11657342
2915.9815.463625867
3316.0415.9772106
3716.0916.261150207
4114.424.1943315
4515.048.67158-58
4913.70-1.0155648

Now we are going to see if there is a relationship between weekly average volumes of VILLEROY BOCH AG VZ (VIB3) shares with that of the stock prices. We are going to check the "Correlation" between weekly volumes and prices.

Note: If the word correlation is new to you, here is a simple explanation. Correlation is a technique that apart from other things gives out a number called the correlation coefficient. This coefficient is a measure of how two variables (in our case price and volume) are related. The coefficient can assume values between -1 to +1. Before measuring the coefficient for VIB3 shares, below is a table that will guide to interpret the value.

Value Interpretation
-1 to -0.5. If volume decreases price increases almost always
-0.5 to 0 If volume decreases price increases but not always
0 There is no relationship between volume and price
0 to 0.5 If volume increases price increases but not always
.5 to 1 If volume increases price increases almost always

VILLEROY BOCH AG VZ (VIB3) Stock's Price-Volume Correlation Coefficient

We are not going show you the elaborate method of finding the correlation coefficient. (You can read about the method in math books.) Instead, we will straightaway let you know the value between the average volume and price of VIB3 shares.

Correlation Coefficient Between VIB3 weekly volumes and prices = -0.04

Interpretation:

-0.04 indicates a week negative correlation, If volume decreases price increases but not always.

2 Did 30 Highest Volume Days Of VIB3 Closed In Profits?

Note: *This section uses close and not adjusted close.

High volume corresponds to a high interest over a stock. There can be multiple reasons for people showing extraordinary interest towards a share. Positive news like higher than expected earnings will most certainly increase volumes and prices. Negative news like lower than expected profits and tax hikes can again lead to an increase in volumes (but there will be more selling than buying).

Now let us check if the top 30 highest volume days of VILLEROY BOCH AG VZ (VIB3) resulted in profits. Below table gives you the data.

DateVolumeOpen (€)Close (€)(Close - Open) (€)Profit/LossGain (%)
2018-07-261739516.616-0.60Loss-3.61
2018-08-06972017.9817.6-0.38Loss-2.11
2018-05-22579018.4618.24-0.22Loss-1.19
2018-07-18440315.3415.16-0.18Loss-1.17
2018-06-28419816.7616.54-0.22Loss-1.31
2018-12-21395512.1412.140.00Profit0.00
2018-07-16380515.7215.38-0.34Loss-2.16
2018-02-05349418.0818.980.90Profit4.98
2018-03-2234401919.260.26Profit1.37
2018-11-07341014.614.620.02Profit0.14
2019-01-14220014.3614.26-0.10Loss-0.70
2018-09-2022001615.96-0.04Loss-0.25
2018-05-24193217.7617.5-0.26Loss-1.46
2018-12-07183014.514.50.00Profit0.00
2018-11-06177914.614.620.02Profit0.14
2018-07-19161614.7815.961.18Profit7.98
2018-08-20155016.5815.7-0.88Loss-5.31
2018-03-05137018.7218.7-0.02Loss-0.11
2018-12-20126012.7812.36-0.42Loss-3.29
2018-10-12125614.214.220.02Profit0.14
2018-03-28122818.3218.580.26Profit1.42
2019-02-04120013.313.620.32Profit2.41
2018-10-24120014.2813.86-0.42Loss-2.94
2018-09-25120016.4616.460.00Profit0.00
2018-02-06115018.819.240.44Profit2.34
2018-08-0711501717.30.30Profit1.76
2018-04-30115018.3218.540.22Profit1.20
2018-02-08114019.4819.04-0.44Loss-2.26
2018-05-17110017.3417.360.02Profit0.12
2018-07-09108016.0415.98-0.06Loss-0.37

3 How VILLEROY BOCH AG VZ (VIB3) Monthly Volumes Are Affecting Price

This section is similar to the third section except that now we are going to check the impact of monthly volumes. The timeframe of analysis is similar to that of the first section. We have considered recent 52 weeks of data between 05-02-2018 and 05-02-2019.

Below is the graph showing the monthly volume against monthly price. The graph shows the change (%) in volume against the change (%) in price for you to understand better.

10 Months Price, Volumes Chart -

A sample of data used to create the above graph is shown below.

MonthPrice (€)Price Change (%)VolumesVolume Change (%)
2019-213.4608030
2019-113.580.89406-49
2018-1213.36-0.74762-5
2018-1114.8810.55669-17
2018-1014.678.99520-35
2018-916.1219.76518-35
2018-816.7724.59102127
2018-715.9818.721735116
2018-617.3228.68569-29
2018-517.8532.628243
2018-417.9833.58325-60
2018-318.5637.89748-7
2018-218.9240.56543-32

The correlation between the monthly volume and price turns out to be -0.03. Therefore we have a week negative correlation, Meaning - If volume decreases price increases but not always.

4 Volume Of VIB3 Vs Similar Stocks

You already know that volume is a measure of interest in a particular stock. The reason may be good or bad. The higher than average volume can drive prices up or down depending upon the amount of selling compared to buying. This section compares the interest shown by investors in VIB3 compared to 5 similar stocks in recent 52 weeks.

TickerStock NameVolumesAvg. Price (€)Highest Price (€)Lowest Price (€)
AAH3AHLERS AG VZO O.N.45115.235.894.00
AAHAHLERS AG ST O.N.23224.155.942.66
ADSADIDAS AG NA O.N.1882195.24215.90166.86
ADDADLER MODEMAERKTE AG O.N.7184.175.872.93
VIB3VILLEROY BOCH AG VZ 5641619.4611.90
ACWNA.S.CREATION TAPETEN NA4816.3022.2010.00

As you can see in the above table, VILLEROY BOCH AG VZ (VIB3) can be ranked fifth on volume scale.

5 How Annual Volumes Are Affecting VIB3 Price

This section is similar to the first and third sections. The first section checked the impact of weekly volume on prices while the second section analyzed the impact of monthly volumes. Now we are going to check the impact of annual average volumes. Below is the volume-change vs price-change graph.

10 Year Volumes Chart -

Below table lists a sample of data used to draw the above graph.

YearPrice (Avg.) (€)Price Change (%)Volumes (Avg.)Volume Change (%)
20007.32090920
20018.4215.033670-60
20027.17-2.052053-77
20035.62-23.225818-36
20046.57-10.256968-23
20058.5817.214877-46
20069.2826.783320-63
200710.6845.92473-73
20085.98-18.311989-78
20093.17-56.693773-59
20103.54-51.642479-73
20114.56-37.74672-49
20125.72-21.864328-52
20137.3203953-57
201410.8948.773276-64
201512.2066.671852-80
201612.6472.68811-91
201717.61140.571184-87
201816.72128.42566-94
201913.5184.56259-97

The correlation coefficient between the volume and price is -0.58. This is a strong negative correlation, Meaning - If volume decreases price increases almost always.

Summary of correlation coefficients of weekly, monthly and annual volumes against price.

Volume Averaged OverCoefficientMeaning
Weekly-0.04week negative
Monthly-0.03week negative
Yearly-0.58strong negative

Conclusion :

Volume is an important metric in combination with the price to assess the trend of a stock. For example, if a stock moves steadily up but is associated with feeble volumes, the movement may not be sustainable. On the other hand, if the stock is moving up while the volume is also increasing steadily, the movement will be a sustainable bullish run. Therefore volume plays a key role in assessing the sustainability of a trend.

Recommended Reading:

  1. We strongly recommend you to go through the VIB3 Trend Analysis report. That report uses an interesting method involving moving averages to assess trends.
  2. The expectation of a stock rising is the prime reason why investors are behind it. VIB3 Stock Rise report will help you know whether the stock is on the rise lately.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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