Shangri La (Malaysia) Price on October 11, 2024
5517 Stock | 1.97 0.03 1.50% |
If you're considering investing in Shangri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shangri La stands at 1.97, as last reported on the 26th of November, with the highest price reaching 2.00 and the lowest price hitting 1.97 during the day. Shangri La Hotels owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0914, which indicates the firm had a -0.0914% return per unit of risk over the last 3 months. Shangri La Hotels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shangri La's Variance of 1.22, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,626) to confirm the risk estimate we provide.
Shangri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shangri |
Sharpe Ratio = -0.0914
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Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shangri La 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 Shangri La by adding Shangri La to a well-diversified portfolio.
Shangri La Valuation on October 11, 2024
It is possible to determine the worth of Shangri La on a given historical date. On October 11, 2024 Shangri was worth 2.02 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shangri La stock. Still, in general, we apply an absolute valuation method to find Shangri La's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shangri La where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shangri La's related companies.
Open | High | Low | Close | Volume | |
2.05 | 2.05 | 2.02 | 2.03 | 139,900 | |
10/11/2024 | 2.02 | 2.02 | 2.01 | 2.02 | 81,400 |
2.02 | 2.02 | 2.00 | 2.01 | 95,500 |
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Shangri La Trading Date Momentum on October 11, 2024
On October 14 2024 Shangri La Hotels was traded for 2.01 at the closing time. The highest price during the trading period was 2.02 and the lowest recorded bid was listed for 2.00 . The volume for the day was 95.5 K. This history from October 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.50% . The trading price change to the current price is 0.99% . |
Shangri La Hotels Fundamentals Correlations and Trends
By evaluating Shangri La's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shangri La's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shangri financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shangri La Stock history
Shangri La 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 Shangri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shangri La Hotels 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 Shangri La stock prices may prove useful in developing a viable investing in Shangri La
Shangri La Stock Technical Analysis
Shangri La 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.
Price Boundaries
Shangri La Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Shangri La Hotels cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shangri La November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Shangri La stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shangri La shares will generate the highest return on investment. By undertsting and applying Shangri La stock market strength indicators, traders can identify Shangri La Hotels entry and exit signals to maximize returns
Shangri La Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shangri La's price direction in advance. Along with the technical and fundamental analysis of Shangri Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shangri 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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (4.30) |
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Volume Indicators |
Other Information on Investing in Shangri Stock
Shangri La financial ratios help investors to determine whether Shangri Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shangri with respect to the benefits of owning Shangri La security.