Kelani Cables (Sri Lanka) Price on September 30, 2024
| KCABN0000 | LKR 334.00 9.00 2.62% |
If you're considering investing in Kelani Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kelani Cables stands at 334.00, as last reported on the 28th of November, with the highest price reaching 339.75 and the lowest price hitting 334.00 during the day. Kelani Cables appears to be very steady, given 3 months investment horizon. Kelani Cables PLC has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kelani Cables, which you can use to evaluate the volatility of the firm. Please exercise Kelani Cables' Mean Deviation of 1.23, downside deviation of 1.33, and Risk Adjusted Performance of 0.0976 to check out if our risk estimates are consistent with your expectations.
Kelani Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kelani |
Sharpe Ratio = 0.1811
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Estimated Market Risk
| 1.76 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 Kelani Cables 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 Kelani Cables by adding it to a well-diversified portfolio.
Kelani Cables Valuation on September 30, 2024
It is possible to determine the worth of Kelani Cables on a given historical date. On September 30, 2024 Kelani was worth 310.0 at the beginning of the trading date compared to the closed value of 308.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kelani Cables stock. Still, in general, we apply an absolute valuation method to find Kelani Cables' 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 Kelani Cables where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kelani Cables' related companies.
| Open | High | Low | Close | Volume | |
| 303.50 | 309.75 | 303.50 | 307.75 | 3,407 | |
09/30/2024 | 310.00 | 310.00 | 308.00 | 308.00 | 3,173 |
| 308.00 | 309.00 | 305.00 | 308.50 | 2,902 |
| Backtest Kelani Cables | | | Kelani Cables History | Previous | Next |
Kelani Cables Trading Date Momentum on September 30, 2024
| On October 01 2024 Kelani Cables PLC was traded for 308.50 at the closing time. The highest price during the trading period was 309.00 and the lowest recorded bid was listed for 305.00 . The volume for the day was 2.9 K. This history from October 1, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.16% . The trading delta at closing time to the current price is 1.79% . |
About Kelani Cables Stock history
Kelani Cables 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 Kelani is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kelani Cables 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 Kelani Cables stock prices may prove useful in developing a viable investing in Kelani Cables
Kelani Cables Stock Technical Analysis
Kelani Cables 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
Kelani Cables Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Kelani Cables 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.
Kelani Cables November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Kelani Cables stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kelani Cables shares will generate the highest return on investment. By undertsting and applying Kelani Cables stock market strength indicators, traders can identify Kelani Cables PLC entry and exit signals to maximize returns
Kelani Cables Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kelani Cables' price direction in advance. Along with the technical and fundamental analysis of Kelani Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kelani 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 | 0.0976 | |||
| Jensen Alpha | 0.1603 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | 0.6251 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Kelani Stock analysis
When running Kelani Cables' price analysis, check to measure Kelani Cables' 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 Kelani Cables is operating at the current time. Most of Kelani Cables' value examination focuses on studying past and present price action to predict the probability of Kelani Cables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kelani Cables' price. Additionally, you may evaluate how the addition of Kelani Cables to your portfolios can decrease your overall portfolio volatility.
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