Is Valour Inc (DEFTF) a Stock to Watch After Losing -9.09% This Week?

Valour Inc (DEFTF) stock is lower by 9.09% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Valour Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DEFTF!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With DEFTF Stock Today?

Valour Inc (DEFTF) stock is trading at $0.10 as of 3:25 PM on Tuesday, Mar 14, a decline of -$0.01, or -10.55% from the previous closing price of $0.11. The stock has traded between $0.10 and $0.12 so far today. Volume today is elevated. So far 211,483 shares have traded compared to average volume of 119,399 shares. To screen for more stocks like Valour Inc click here.

More About Valour Inc

The Valour Digital Asset Basket 10 Index ("VDAB10") tracks the 10 largest Digital Assets. The constituents are weighted by their current market capitalization, with a maximum weight of 30%. If a constituent exceeds the maximum weight, its weight will be reduced to the maximum weight and the excess weight will be redistributed proportionally across all other index components. This process is repeated until no component has a weight exceeding the maximum weight. The selection of constituents and their target weights is rebalanced quarterly on the last business day of the month, starting end of June. Click Here to get the full Stock Report for Valour Inc stock.