Amana Bank (Sri Lanka) Price on July 15, 2024
| ABLN0000 | 23.20 0.20 0.87% |
If you're considering investing in Amana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amana Bank stands at 23.20, as last reported on the 29th of November, with the highest price reaching 23.50 and the lowest price hitting 23.00 during the day. At this point, Amana Bank is very steady. Amana Bank secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amana Bank, which you can use to evaluate the volatility of the firm. Please confirm Amana Bank's risk adjusted performance of 0.0859, and Mean Deviation of 0.8729 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Amana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Amana |
Sharpe Ratio = 0.1287
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Amana Bank is performing at about 10% of its full potential. 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 Amana Bank by adding it to a well-diversified portfolio.
Amana Bank Valuation on July 15, 2024
It is possible to determine the worth of Amana Bank on a given historical date. On July 15, 2024 Amana was worth 23.7 at the beginning of the trading date compared to the closed value of 22.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amana Bank stock. Still, in general, we apply an absolute valuation method to find Amana Bank'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 Amana Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amana Bank's related companies.
| Open | High | Low | Close | Volume | |
| 23.00 | 24.00 | 22.00 | 23.00 | 16,673 | |
07/15/2024 | 23.70 | 23.70 | 22.00 | 22.50 | 31,122 |
| 22.30 | 22.50 | 22.00 | 22.10 | 44,734 |
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Amana Bank Trading Date Momentum on July 15, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About Amana Bank Stock history
Amana Bank 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 Amana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amana Bank 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 Amana Bank stock prices may prove useful in developing a viable investing in Amana Bank
Amana Bank Stock Technical Analysis
Amana Bank 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
Amana Bank Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Amana Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Colombo Stock 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.
Amana Bank November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Amana Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amana Bank shares will generate the highest return on investment. By undertsting and applying Amana Bank stock market strength indicators, traders can identify Amana Bank entry and exit signals to maximize returns
Amana Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amana Bank's price direction in advance. Along with the technical and fundamental analysis of Amana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amana 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 | 0.0859 | |||
| Jensen Alpha | 0.1252 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | (3.24) |
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Complementary Tools for Amana Stock analysis
When running Amana Bank's price analysis, check to measure Amana Bank'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 Amana Bank is operating at the current time. Most of Amana Bank's value examination focuses on studying past and present price action to predict the probability of Amana Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Bank's price. Additionally, you may evaluate how the addition of Amana Bank to your portfolios can decrease your overall portfolio volatility.
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