Elpitiya Plantations (Sri Lanka) Price on November 29, 2024
| ELPLN0000 | LKR 109.50 6.50 5.60% |
If you're considering investing in Elpitiya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elpitiya Plantations stands at 109.50, as last reported on the 11th of December 2024, with the highest price reaching 110.00 and the lowest price hitting 108.00 during the day. Elpitiya Plantations appears to be very steady, given 3 months investment horizon. Elpitiya Plantations PLC secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elpitiya Plantations PLC, which you can use to evaluate the volatility of the firm. Please utilize Elpitiya Plantations' Downside Deviation of 1.55, coefficient of variation of 807.31, and Mean Deviation of 1.38 to check if our risk estimates are consistent with your expectations.
Elpitiya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elpitiya |
Sharpe Ratio = 0.1818
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Elpitiya Plantations is performing at about 14% 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 Elpitiya Plantations by adding it to a well-diversified portfolio.
Elpitiya Plantations Valuation on November 29, 2024
It is possible to determine the worth of Elpitiya Plantations on a given historical date. On November 29, 2024 Elpitiya was worth 108.0 at the beginning of the trading date compared to the closed value of 109.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elpitiya Plantations stock. Still, in general, we apply an absolute valuation method to find Elpitiya Plantations' 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 Elpitiya Plantations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elpitiya Plantations' related companies.
| Open | High | Low | Close | Volume | |
| 110.00 | 110.00 | 108.00 | 108.00 | 405.00 | |
11/29/2024 | 108.00 | 110.00 | 108.00 | 109.50 | 7,471 |
| 111.00 | 113.00 | 108.00 | 112.00 | 3,387 |
| Backtest Elpitiya Plantations | | | Elpitiya Plantations History | Previous | Next |
Elpitiya Plantations Trading Date Momentum on November 29, 2024
| On December 02 2024 Elpitiya Plantations PLC was traded for 112.00 at the closing time. The highest price during the trading period was 113.00 and the lowest recorded bid was listed for 108.00 . The volume for the day was 3.4 K. This history from December 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.28% . The overall trading delta to the current price is 6.85% . |
About Elpitiya Plantations Stock history
Elpitiya Plantations 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 Elpitiya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elpitiya Plantations 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 Elpitiya Plantations stock prices may prove useful in developing a viable investing in Elpitiya Plantations
Elpitiya Plantations Stock Technical Analysis
Elpitiya Plantations 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
Elpitiya Plantations Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Elpitiya Plantations December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Elpitiya Plantations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elpitiya Plantations shares will generate the highest return on investment. By undertsting and applying Elpitiya Plantations stock market strength indicators, traders can identify Elpitiya Plantations PLC entry and exit signals to maximize returns
Elpitiya Plantations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elpitiya Plantations' price direction in advance. Along with the technical and fundamental analysis of Elpitiya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elpitiya 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 | 0.0953 | |||
| Jensen Alpha | 0.243 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0579 | |||
| Treynor Ratio | (0.60) |
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Complementary Tools for Elpitiya Stock analysis
When running Elpitiya Plantations' price analysis, check to measure Elpitiya Plantations' 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 Elpitiya Plantations is operating at the current time. Most of Elpitiya Plantations' value examination focuses on studying past and present price action to predict the probability of Elpitiya Plantations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elpitiya Plantations' price. Additionally, you may evaluate how the addition of Elpitiya Plantations to your portfolios can decrease your overall portfolio volatility.
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