GUINEA INSURANCE (Nigeria) Price on May 6, 2024
| GUINEAINS | 0.50 0.03 5.66% |
If you're considering investing in GUINEA Stock, it is important to understand the factors that can impact its price. As of today, the current price of GUINEA INSURANCE stands at 0.50, as last reported on the 29th of November, with the highest price reaching 0.52 and the lowest price hitting 0.50 during the day. GUINEA INSURANCE is out of control at the moment. GUINEA INSURANCE PLC holds Efficiency (Sharpe) Ratio of 0.0228, which attests that the entity had a 0.0228% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GUINEA INSURANCE PLC, which you can use to evaluate the volatility of the firm. Please check out GUINEA INSURANCE's Risk Adjusted Performance of 0.0519, semi deviation of 3.94, and Market Risk Adjusted Performance of (0.38) to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
GUINEA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GUINEA |
Sharpe Ratio = 0.0228
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| Cash | Small Risk | Average Risk | GUINEAINS | Huge Risk |
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Estimated Market Risk
| 4.65 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average GUINEA INSURANCE 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 GUINEA INSURANCE by adding it to a well-diversified portfolio.
GUINEA INSURANCE Valuation on May 6, 2024
It is possible to determine the worth of GUINEA INSURANCE on a given historical date. On May 6, 2024 GUINEA was worth 0.3 at the beginning of the trading date compared to the closed value of 0.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GUINEA INSURANCE stock. Still, in general, we apply an absolute valuation method to find GUINEA INSURANCE'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 GUINEA INSURANCE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GUINEA INSURANCE's related companies.
| Open | High | Low | Close | Volume | |
| 0.33 | 0.36 | 0.30 | 0.30 | 4,120,938 | |
05/06/2024 | 0.30 | 0.33 | 0.30 | 0.33 | 2,203,285 |
| 0.33 | 0.33 | 0.31 | 0.31 | 995,210 |
| Backtest GUINEA INSURANCE | | | GUINEA INSURANCE History | Previous | Next |
GUINEA INSURANCE Trading Date Momentum on May 6, 2024
| On May 07 2024 GUINEA INSURANCE PLC was traded for 0.31 at the closing time. The highest price during the trading period was 0.33 and the lowest recorded bid was listed for 0.31 . The volume for the day was 995.2 K. This history from May 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.06% . The overall trading delta to the current price is 9.09% . |
Price Boundaries
GUINEA INSURANCE Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
GUINEA INSURANCE PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
GUINEA INSURANCE November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how GUINEA INSURANCE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GUINEA INSURANCE shares will generate the highest return on investment. By undertsting and applying GUINEA INSURANCE stock market strength indicators, traders can identify GUINEA INSURANCE PLC entry and exit signals to maximize returns
GUINEA INSURANCE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GUINEA INSURANCE's price direction in advance. Along with the technical and fundamental analysis of GUINEA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GUINEA 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 | 0.0519 | |||
| Jensen Alpha | 0.3417 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | (0.39) |
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| Volume Indicators |
Complementary Tools for GUINEA Stock analysis
When running GUINEA INSURANCE's price analysis, check to measure GUINEA INSURANCE'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 GUINEA INSURANCE is operating at the current time. Most of GUINEA INSURANCE's value examination focuses on studying past and present price action to predict the probability of GUINEA INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GUINEA INSURANCE's price. Additionally, you may evaluate how the addition of GUINEA INSURANCE to your portfolios can decrease your overall portfolio volatility.
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