E M (Sri Lanka) Price on August 29, 2024

EMLN0000   3.40  0.10  3.03%   
If you're considering investing in EMLN0000 Stock, it is important to understand the factors that can impact its price. As of today, the current price of E M stands at 3.40, as last reported on the 26th of November, with the highest price reaching 3.50 and the lowest price hitting 3.30 during the day. E M appears to be risky, given 3 months investment horizon. E M L secures Sharpe Ratio (or Efficiency) of 0.058, which denotes the company had a 0.058% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for E M L, which you can use to evaluate the volatility of the entity. Please utilize E M's Mean Deviation of 2.86, downside deviation of 4.15, and Semi Deviation of 2.82 to check if our risk estimates are consistent with your expectations.
  
EMLN0000 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.058

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Estimated Market Risk

 4.02
  actual daily
35
65% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average E M is performing at about 4% 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 E M by adding it to a well-diversified portfolio.

E M Valuation on August 29, 2024

It is possible to determine the worth of E M on a given historical date. On August 29, 2024 EMLN0000 was worth 3.2 at the beginning of the trading date compared to the closed value of 3.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E M stock. Still, in general, we apply an absolute valuation method to find E M'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 E M where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E M's related companies.
 Open High Low Close Volume
  3.10    3.10    3.00    3.10    31,210  
08/29/2024
  3.20    3.20    3.20    3.20    1,000.00  
  3.00    3.20    3.00    3.00    505.00  
Backtest E M  |  E M History  PreviousNext  
Open Value
3.2
3.2
Closing Value
15.27
Upside

E M Trading Date Momentum on August 29, 2024

On August 30 2024 E M L was traded for  3.00  at the closing time. The highest price during the trading period was 3.20  and the lowest recorded bid was listed for  3.00 . The volume for the day was 505. This history from August 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.25% . The overall trading delta to the current price is 3.13% .

About E M Stock history

E M 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 EMLN0000 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E M L 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 E M stock prices may prove useful in developing a viable investing in E M

E M Stock Technical Analysis

E M 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.
A focus of E M technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of E M trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

E M Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

E M L 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.

E M November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how E M stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E M shares will generate the highest return on investment. By undertsting and applying E M stock market strength indicators, traders can identify E M L entry and exit signals to maximize returns

E M Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for E M's price direction in advance. Along with the technical and fundamental analysis of EMLN0000 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMLN0000 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.

Complementary Tools for EMLN0000 Stock analysis

When running E M's price analysis, check to measure E M'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 E M is operating at the current time. Most of E M's value examination focuses on studying past and present price action to predict the probability of E M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E M's price. Additionally, you may evaluate how the addition of E M to your portfolios can decrease your overall portfolio volatility.
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