Central Industries (Sri Lanka) Price on November 13, 2024
| CINDN0000 | LKR 128.75 1.50 1.15% |
If you're considering investing in Central Stock, it is important to understand the factors that can impact its price. As of today, the current price of Central Industries stands at 128.75, as last reported on the 11th of December 2024, with the highest price reaching 134.50 and the lowest price hitting 124.50 during the day. Central Industries appears to be very steady, given 3 months investment horizon. Central Industries PLC secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing Central Industries' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Central Industries' Downside Deviation of 1.73, risk adjusted performance of 0.1482, and Mean Deviation of 1.67 to double-check if our risk estimates are consistent with your expectations.
Central Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Central |
Sharpe Ratio = 0.2254
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Central Industries is performing at about 17% 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 Central Industries by adding it to a well-diversified portfolio.
Central Industries Valuation on November 13, 2024
It is possible to determine the worth of Central Industries on a given historical date. On November 13, 2024 Central was worth 120.0 at the beginning of the trading date compared to the closed value of 118.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Central Industries stock. Still, in general, we apply an absolute valuation method to find Central Industries' 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 Central Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Central Industries' related companies.
| Open | High | Low | Close | Volume | |
| 120.50 | 120.75 | 118.00 | 118.75 | 18,285 | |
11/13/2024 | 120.00 | 120.00 | 118.00 | 118.00 | 25,564 |
| 118.50 | 118.50 | 116.00 | 117.50 | 22,658 |
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Central Industries Trading Date Momentum on November 13, 2024
| On November 14 2024 Central Industries PLC was traded for 117.50 at the closing time. The highest price during the trading period was 118.50 and the lowest recorded bid was listed for 116.00 . The volume for the day was 22.7 K. This history from November 14, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.42% . The overall trading delta to the current price is 2.54% . |
About Central Industries Stock history
Central Industries 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 Central is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Central Industries PLC 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 Central Industries stock prices may prove useful in developing a viable investing in Central Industries
Central Industries Stock Technical Analysis
Central Industries 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
Central Industries Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Central Industries PLC 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.
Central Industries December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Central Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Central Industries shares will generate the highest return on investment. By undertsting and applying Central Industries stock market strength indicators, traders can identify Central Industries PLC entry and exit signals to maximize returns
Central Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Central Industries' price direction in advance. Along with the technical and fundamental analysis of Central Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Central 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 | 0.1482 | |||
| Jensen Alpha | 0.5395 | |||
| Total Risk Alpha | 0.0789 | |||
| Sortino Ratio | 0.1987 | |||
| Treynor Ratio | (0.65) |
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| Volume Indicators |
Complementary Tools for Central Stock analysis
When running Central Industries' price analysis, check to measure Central Industries' 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 Central Industries is operating at the current time. Most of Central Industries' value examination focuses on studying past and present price action to predict the probability of Central Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Industries' price. Additionally, you may evaluate how the addition of Central Industries to your portfolios can decrease your overall portfolio volatility.
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