RENUKA FOODS (Sri Lanka) Price on November 26, 2024
| COCOX0000 | LKR 10.30 0.30 3.00% |
If you're considering investing in RENUKA Stock, it is important to understand the factors that can impact its price. As of today, the current price of RENUKA FOODS stands at 10.30, as last reported on the 2nd of December, with the highest price reaching 10.30 and the lowest price hitting 9.90 during the day. At this point, RENUKA FOODS is not too volatile. RENUKA FOODS PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.0755, which implies the firm had a 0.0755% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for RENUKA FOODS PLC, which you can use to evaluate the volatility of the company. Please check RENUKA FOODS's Semi Deviation of 1.55, market risk adjusted performance of (0.13), and Risk Adjusted Performance of 0.025 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
RENUKA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RENUKA |
Sharpe Ratio = 0.0755
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| Cash | Small Risk | COCOX0000 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average RENUKA FOODS is performing at about 5% 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 RENUKA FOODS by adding it to a well-diversified portfolio.
RENUKA FOODS Valuation on November 26, 2024
It is possible to determine the worth of RENUKA FOODS on a given historical date. On November 26, 2024 RENUKA was worth 10.0 at the beginning of the trading date compared to the closed value of 9.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RENUKA FOODS stock. Still, in general, we apply an absolute valuation method to find RENUKA FOODS'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 RENUKA FOODS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RENUKA FOODS's related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.00 | 9.90 | 9.90 | 550.00 | |
11/26/2024 | 10.00 | 10.00 | 9.70 | 9.80 | 4,917 |
| 10.00 | 10.00 | 10.00 | 10.00 | 51,905 |
| Backtest RENUKA FOODS | | | RENUKA FOODS History | Previous | Next |
RENUKA FOODS Trading Date Momentum on November 26, 2024
| On November 27 2024 RENUKA FOODS PLC was traded for 10.00 at the closing time. The highest price during the trading period was 10.00 and the lowest recorded bid was listed for 10.00 . The volume for the day was 51.9 K. This history from November 27, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.04% . The trading delta at closing time to the current price is 2.04% . |
About RENUKA FOODS Stock history
RENUKA FOODS 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 RENUKA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RENUKA FOODS 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 RENUKA FOODS stock prices may prove useful in developing a viable investing in RENUKA FOODS
RENUKA FOODS Stock Technical Analysis
RENUKA FOODS 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
RENUKA FOODS Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
RENUKA FOODS 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.
RENUKA FOODS December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how RENUKA FOODS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RENUKA FOODS shares will generate the highest return on investment. By undertsting and applying RENUKA FOODS stock market strength indicators, traders can identify RENUKA FOODS PLC entry and exit signals to maximize returns
RENUKA FOODS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RENUKA FOODS's price direction in advance. Along with the technical and fundamental analysis of RENUKA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RENUKA 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 | 0.025 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.14) |
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Complementary Tools for RENUKA Stock analysis
When running RENUKA FOODS's price analysis, check to measure RENUKA FOODS'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 RENUKA FOODS is operating at the current time. Most of RENUKA FOODS's value examination focuses on studying past and present price action to predict the probability of RENUKA FOODS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENUKA FOODS's price. Additionally, you may evaluate how the addition of RENUKA FOODS to your portfolios can decrease your overall portfolio volatility.
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