ABC BANKING (Mauritius) Price on December 18, 2023

ABCB Stock   20.25  0.25  1.22%   
If you're considering investing in ABC Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABC BANKING stands at 20.25, as last reported on the 24th of January, with the highest price reaching 20.25 and the lowest price hitting 20.25 during the day. ABC BANKING PORATION retains Efficiency (Sharpe Ratio) of -0.0541, which signifies that the company had a -0.0541 % return per unit of risk over the last 3 months. ABC BANKING exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABC BANKING's coefficient of variation of 1441.33, and Market Risk Adjusted Performance of 2.76 to double-check the risk estimate we provide.
  
ABC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0541

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Negative ReturnsABCB

Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average ABC BANKING 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 ABC BANKING by adding ABC BANKING to a well-diversified portfolio.

ABC BANKING Valuation on December 18, 2023

It is possible to determine the worth of ABC BANKING on a given historical date. On December 18, 2023 ABC was worth 18.21 at the beginning of the trading date compared to the closed value of 18.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABC BANKING stock. Still, in general, we apply an absolute valuation method to find ABC BANKING'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 ABC BANKING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABC BANKING's related companies.
 Open High Low Close Volume
  18.02    18.02    18.02    18.02    56,400  
12/18/2023
  18.21    18.21    18.02    18.21    29,500  
  17.97    18.21    17.97    17.97    146,900  
Backtest ABC BANKING  |  ABC BANKING History  PreviousNext  
Open Value
18.21
18.21
Closing Value
21.10
Upside

ABC BANKING Trading Date Momentum on December 18, 2023

On December 20 2023 ABC BANKING PORATION was traded for  17.97  at the closing time. The highest price during the trading period was 18.21  and the lowest recorded bid was listed for  17.97 . The volume for the day was 146.9 K. This history from December 20, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.32% . The overall trading delta to the current price is 0.00% .

Price Boundaries

ABC BANKING Period Price Range

Low
January 24, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

ABC BANKING PORATION cannot be verified against its exchange. Please verify the symbol is currently traded on Stock Exchange of Mauritius. 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.

ABC BANKING January 24, 2025 Market Strength

Market strength indicators help investors to evaluate how ABC BANKING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABC BANKING shares will generate the highest return on investment. By undertsting and applying ABC BANKING stock market strength indicators, traders can identify ABC BANKING PORATION entry and exit signals to maximize returns

ABC BANKING Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ABC BANKING's price direction in advance. Along with the technical and fundamental analysis of ABC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABC 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.

Complementary Tools for ABC Stock analysis

When running ABC BANKING's price analysis, check to measure ABC BANKING'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 ABC BANKING is operating at the current time. Most of ABC BANKING's value examination focuses on studying past and present price action to predict the probability of ABC BANKING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABC BANKING's price. Additionally, you may evaluate how the addition of ABC BANKING to your portfolios can decrease your overall portfolio volatility.
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