ZAMBIA BATA (Zambia) Price on December 3, 2024
| BATA Stock | 6.00 0.00 0.00% |
If you're considering investing in ZAMBIA Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZAMBIA BATA stands at 6.00, as last reported on the 4th of December, with the highest price reaching 6.00 and the lowest price hitting 6.00 during the day. Currently, ZAMBIA BATA SHOE is slightly risky. ZAMBIA BATA SHOE shows Sharpe Ratio of 0.0158, which attests that the company had a 0.0158% return per unit of standard deviation over the last 3 months. We have found nineteen technical indicators for ZAMBIA BATA SHOE, which you can use to evaluate the volatility of the entity. Please check out ZAMBIA BATA's Standard Deviation of 3.05, mean deviation of 0.9333, and Risk Adjusted Performance of 0.0193 to validate if the risk estimate we provide is consistent with the expected return of 0.0492%.
ZAMBIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZAMBIA |
Sharpe Ratio = 0.0158
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| Negative Returns | BATA |
Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ZAMBIA BATA is performing at about 1% 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 ZAMBIA BATA by adding it to a well-diversified portfolio.
ZAMBIA BATA Valuation on December 3, 2024
It is possible to determine the worth of ZAMBIA BATA on a given historical date. On December 3, 2024 ZAMBIA was worth 6.0 at the beginning of the trading date compared to the closed value of 6.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZAMBIA BATA stock. Still, in general, we apply an absolute valuation method to find ZAMBIA BATA'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 ZAMBIA BATA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZAMBIA BATA's related companies.
| Open | High | Low | Close | Volume | |
| 6.00 | 6.00 | 6.00 | 6.00 | 224.00 | |
12/04/2024 | 6.00 | 6.00 | 6.00 | 6.00 | 0.00 |
| Backtest ZAMBIA BATA | | | ZAMBIA BATA History | Previous |
ZAMBIA BATA Trading Date Momentum on December 3, 2024
| On December 04 2024 ZAMBIA BATA SHOE was traded for 6.00 at the closing time. The highest price during the trading period was 6.00 and the lowest recorded bid was listed for 6.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.00% . |
Price Boundaries
ZAMBIA BATA Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ZAMBIA BATA SHOE cannot be verified against its exchange. Please verify the symbol is currently traded on Lusaka 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.
ZAMBIA BATA December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ZAMBIA BATA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZAMBIA BATA shares will generate the highest return on investment. By undertsting and applying ZAMBIA BATA stock market strength indicators, traders can identify ZAMBIA BATA SHOE entry and exit signals to maximize returns
ZAMBIA BATA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZAMBIA BATA's price direction in advance. Along with the technical and fundamental analysis of ZAMBIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZAMBIA 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 | 0.0193 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.1123 |
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Additional Tools for ZAMBIA Stock Analysis
When running ZAMBIA BATA's price analysis, check to measure ZAMBIA BATA'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 ZAMBIA BATA is operating at the current time. Most of ZAMBIA BATA's value examination focuses on studying past and present price action to predict the probability of ZAMBIA BATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZAMBIA BATA's price. Additionally, you may evaluate how the addition of ZAMBIA BATA to your portfolios can decrease your overall portfolio volatility.