Shangri La Asia Limited Stock Price on July 17, 2024
If you're considering investing in Shangri Pink Sheet, it is important to understand the factors that can impact its price. Shangri La appears to be dangerous, given 3 months investment horizon. Shangri La Asia owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirteen technical indicators for Shangri La Asia Limited, which you can use to evaluate the volatility of the company. Please review Shangri La's Coefficient Of Variation of 708.46, variance of 2.76, and Risk Adjusted Performance of 0.1076 to confirm if our risk estimates are consistent with your expectations.
Shangri Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shangri |
Sharpe Ratio = 0.1412
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Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Shangri La is performing at about 11% 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 Shangri La by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Shangri La Pink Sheet history
Shangri La 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 Shangri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shangri La Asia 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 Shangri La stock prices may prove useful in developing a viable investing in Shangri La
Shangri-La Asia Limited, an investment holding company, develops, ownsleases, operates, and manages hotels and associated properties worldwide. Shangri-La Asia Limited was founded in 1971 and is headquartered in Quarry Bay, Hong Kong. Shangri-La Asia operates under Lodging classification in the United States and is traded on OTC Exchange. It employs 22800 people.
Shangri La Pink Sheet Technical Analysis
Shangri La technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Shangri La Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Shangri La December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shangri La pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shangri La shares will generate the highest return on investment. By undertsting and applying Shangri La pink sheet market strength indicators, traders can identify Shangri La Asia Limited entry and exit signals to maximize returns
Shangri La Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shangri La's price direction in advance. Along with the technical and fundamental analysis of Shangri Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shangri 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 | 0.1076 | |||
Jensen Alpha | 0.1841 | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | 0.6338 |
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Volume Indicators |
Complementary Tools for Shangri Pink Sheet analysis
When running Shangri La's price analysis, check to measure Shangri La'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 Shangri La is operating at the current time. Most of Shangri La's value examination focuses on studying past and present price action to predict the probability of Shangri La's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shangri La's price. Additionally, you may evaluate how the addition of Shangri La to your portfolios can decrease your overall portfolio volatility.
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