NCBA GROUP (Kenya) Price on October 31, 2024
| NIC Stock | 42.10 0.20 0.48% |
If you're considering investing in NCBA Stock, it is important to understand the factors that can impact its price. As of today, the current price of NCBA GROUP stands at 42.10, as last reported on the 5th of December, with the highest price reaching 43.00 and the lowest price hitting 41.90 during the day. NCBA GROUP PLC retains Efficiency (Sharpe Ratio) of -0.0194, which conveys that the company had a -0.0194% return per unit of risk over the last 3 months. NCBA GROUP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NCBA GROUP's Mean Deviation of 1.15, market risk adjusted performance of 0.0572, and Coefficient Of Variation of (15,972) to check out the risk estimate we provide.
NCBA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NCBA |
Sharpe Ratio = -0.0194
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| Negative Returns | NIC |
Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NCBA GROUP is not performing at its full potential. However, 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 NCBA GROUP by adding NCBA GROUP to a well-diversified portfolio.
NCBA GROUP Valuation on October 31, 2024
It is possible to determine the worth of NCBA GROUP on a given historical date. On October 31, 2024 NCBA was worth 44.05 at the beginning of the trading date compared to the closed value of 44.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NCBA GROUP stock. Still, in general, we apply an absolute valuation method to find NCBA GROUP'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 NCBA GROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NCBA GROUP's related companies.
| Open | High | Low | Close | Volume | |
| 44.10 | 44.70 | 44.00 | 44.05 | 55,000 | |
10/31/2024 | 44.05 | 44.70 | 43.50 | 44.05 | 141,300 |
| 44.05 | 44.30 | 42.50 | 43.10 | 80,200 |
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NCBA GROUP Trading Date Momentum on October 31, 2024
| On November 04 2024 NCBA GROUP PLC was traded for 43.10 at the closing time. The highest price during the trading period was 44.30 and the lowest recorded bid was listed for 42.50 . The volume for the day was 80.2 K. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.16% . The trading delta at closing time to the current price is 1.70% . |
Price Boundaries
NCBA GROUP Period Price Range
Low | December 5, 2024
| High |
0.00 | 0.00 |
NCBA GROUP PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nairobi Securities 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.
NCBA GROUP December 5, 2024 Market Strength
Market strength indicators help investors to evaluate how NCBA GROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NCBA GROUP shares will generate the highest return on investment. By undertsting and applying NCBA GROUP stock market strength indicators, traders can identify NCBA GROUP PLC entry and exit signals to maximize returns
NCBA GROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NCBA GROUP's price direction in advance. Along with the technical and fundamental analysis of NCBA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NCBA 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 | 0.0018 | |||
| Jensen Alpha | 0.0432 | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.0472 |
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| Volume Indicators |
Complementary Tools for NCBA Stock analysis
When running NCBA GROUP's price analysis, check to measure NCBA GROUP'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 NCBA GROUP is operating at the current time. Most of NCBA GROUP's value examination focuses on studying past and present price action to predict the probability of NCBA GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCBA GROUP's price. Additionally, you may evaluate how the addition of NCBA GROUP to your portfolios can decrease your overall portfolio volatility.
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