Prime Lands (Sri Lanka) Price on November 22, 2024
| PLRN0000 | 9.60 0.30 3.03% |
If you're considering investing in Prime Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Lands stands at 9.60, as last reported on the 29th of November, with the highest price reaching 9.80 and the lowest price hitting 9.60 during the day. Prime Lands appears to be not too volatile, given 3 months investment horizon. Prime Lands Residencies maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prime Lands Residencies, which you can use to evaluate the volatility of the company. Please evaluate Prime Lands' Coefficient Of Variation of 866.4, semi deviation of 1.58, and Risk Adjusted Performance of 0.0948 to confirm if our risk estimates are consistent with your expectations.
Prime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = 0.1777
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Prime Lands is performing at about 13% 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 Prime Lands by adding it to a well-diversified portfolio.
Prime Lands Valuation on November 22, 2024
It is possible to determine the worth of Prime Lands on a given historical date. On November 22, 2024 Prime was worth 9.6 at the beginning of the trading date compared to the closed value of 9.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Lands stock. Still, in general, we apply an absolute valuation method to find Prime Lands' 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 Prime Lands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Lands' related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.00 | 9.50 | 9.60 | 1,541,653 | |
11/22/2024 | 9.60 | 10.10 | 9.50 | 9.90 | 2,478,426 |
| 9.90 | 9.90 | 9.60 | 9.60 | 1,310,569 |
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Prime Lands Trading Date Momentum on November 22, 2024
| On November 25 2024 Prime Lands Residencies was traded for 9.60 at the closing time. The highest price during the trading period was 9.90 and the lowest recorded bid was listed for 9.60 . The volume for the day was 1.3 M. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.03% . The trading delta at closing time to the current price is 3.03% . |
About Prime Lands Stock history
Prime Lands 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 Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Lands Residencies 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 Prime Lands stock prices may prove useful in developing a viable investing in Prime Lands
Prime Lands Stock Technical Analysis
Prime Lands 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
Prime Lands Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Prime Lands Residencies 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.
Prime Lands November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Lands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Lands shares will generate the highest return on investment. By undertsting and applying Prime Lands stock market strength indicators, traders can identify Prime Lands Residencies entry and exit signals to maximize returns
Prime Lands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Lands' price direction in advance. Along with the technical and fundamental analysis of Prime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime 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 | 0.0948 | |||
| Jensen Alpha | 0.2174 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0487 | |||
| Treynor Ratio | 1.8 |
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| Volume Indicators |
Complementary Tools for Prime Stock analysis
When running Prime Lands' price analysis, check to measure Prime Lands' 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 Prime Lands is operating at the current time. Most of Prime Lands' value examination focuses on studying past and present price action to predict the probability of Prime Lands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Lands' price. Additionally, you may evaluate how the addition of Prime Lands to your portfolios can decrease your overall portfolio volatility.
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