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Asset Summary

Daily Performance Report for VLO ETF: Dec 24, 2024

Summary: The day started with VLO ETF opening at $118.6 and closing at $118.84. The ETF showed resilience throughout the day, with the highest price observed at $119.6 and the lowest at $117.06. The underlying asset had a trading range of $2.54 Overall, it was a positive trading day for VLO ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.24 or 0.20% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for VLO ETF was 1,167,733 units during Dec 24, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $118.6.

Highest Price: The highest price observed during the day was $119.6.

Lowest Price: The lowest price observed during the day was $117.06.

Closing Price: The day ended at $118.84.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Valero manages its supply chain through strategic sourcing, logistics optimization, and maintaining strong supplier relationships.

Valero faces challenges such as fluctuating crude oil prices, regulatory changes, and shifts towards renewable energy sources.

Investors can find financial information about Valero on their investor relations website, including quarterly earnings reports and SEC filings.

Valero produces a variety of products, including gasoline, diesel fuel, jet fuel, asphalt, and petrochemical feedstocks.

Valero engages with communities through philanthropic initiatives, volunteer programs, and partnerships with local organizations.

Valero was founded in 1980 and has grown to become one of the largest independent refiners in the world.

Valero’s growth strategies include expanding refining capacity, investing in renewable energy, and pursuing strategic acquisitions.

Valero’s outlook remains positive due to its strong market position, ongoing investments in renewable energy, and robust demand for fuels.

Valero is actively investing in renewable fuels and technologies to support the transition to a more sustainable energy future.

Valero employs a comprehensive risk management strategy that includes market risk assessments, operational controls, and financial hedging.

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