Alliance Finance (Sri Lanka) Price on August 30, 2024
| ALLIN0000 | 126.00 0.75 0.60% |
If you're considering investing in Alliance Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alliance Finance stands at 126.00, as last reported on the 22nd of November, with the highest price reaching 127.00 and the lowest price hitting 124.00 during the day. Alliance Finance appears to be out of control, given 3 months investment horizon. Alliance Finance secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alliance Finance, which you can use to evaluate the volatility of the firm. Please makes use of Alliance Finance's Mean Deviation of 1.24, downside deviation of 1.26, and Risk Adjusted Performance of 0.1842 to double-check if our risk estimates are consistent with your expectations.
Alliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alliance |
Sharpe Ratio = 0.2377
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ALLIN0000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Alliance Finance is performing at about 18% 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 Alliance Finance by adding it to a well-diversified portfolio.
Alliance Finance Valuation on August 30, 2024
It is possible to determine the worth of Alliance Finance on a given historical date. On August 30, 2024 Alliance was worth 99.5 at the beginning of the trading date compared to the closed value of 99.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alliance Finance stock. Still, in general, we apply an absolute valuation method to find Alliance Finance'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 Alliance Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alliance Finance's related companies.
| Open | High | Low | Close | Volume | |
| 100.00 | 100.00 | 99.40 | 99.50 | 8,287 | |
08/30/2024 | 99.50 | 99.50 | 99.20 | 99.20 | 1,791 |
| 99.90 | 99.90 | 96.00 | 98.40 | 4,772 |
| Backtest Alliance Finance | | | Alliance Finance History | Previous | Next |
Alliance Finance Trading Date Momentum on August 30, 2024
| On September 02 2024 Alliance Finance was traded for 98.40 at the closing time. The highest price during the trading period was 99.90 and the lowest recorded bid was listed for 96.00 . The volume for the day was 4.8 K. This history from September 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.81% . The overall trading delta to the current price is 1.71% . |
About Alliance Finance Stock history
Alliance Finance 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 Alliance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alliance Finance 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 Alliance Finance stock prices may prove useful in developing a viable investing in Alliance Finance
Alliance Finance Stock Technical Analysis
Alliance Finance 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
Alliance Finance Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Alliance Finance 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.
Alliance Finance November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Alliance Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alliance Finance shares will generate the highest return on investment. By undertsting and applying Alliance Finance stock market strength indicators, traders can identify Alliance Finance entry and exit signals to maximize returns
Alliance Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alliance Finance's price direction in advance. Along with the technical and fundamental analysis of Alliance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alliance 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 | 0.1842 | |||
| Jensen Alpha | 0.4544 | |||
| Total Risk Alpha | 0.1797 | |||
| Sortino Ratio | 0.2536 | |||
| Treynor Ratio | (1.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alliance Stock analysis
When running Alliance Finance's price analysis, check to measure Alliance Finance'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 Alliance Finance is operating at the current time. Most of Alliance Finance's value examination focuses on studying past and present price action to predict the probability of Alliance Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Finance's price. Additionally, you may evaluate how the addition of Alliance Finance to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |