SLM Corp (South Africa) Price on September 13, 2024
| SLM Stock | 8,810 14.00 0.16% |
If you're considering investing in SLM Stock, it is important to understand the factors that can impact its price. As of today, the current price of SLM Corp stands at 8,810, as last reported on the 29th of November, with the highest price reaching 8,842 and the lowest price hitting 8,702 during the day. At this point, SLM Corp is very steady. SLM Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0503, which indicates the firm had a 0.0503% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanlam, which you can use to evaluate the volatility of the company. Please validate SLM Corp's Risk Adjusted Performance of 0.0305, coefficient of variation of 2806.04, and Semi Deviation of 1.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.049%.
SLM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SLM |
Sharpe Ratio = 0.0503
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| Negative Returns | SLM |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SLM Corp is performing at about 3% 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 SLM Corp by adding it to a well-diversified portfolio.
SLM Corp Valuation on September 13, 2024
It is possible to determine the worth of SLM Corp on a given historical date. On September 13, 2024 SLM was worth 8625.0 at the beginning of the trading date compared to the closed value of 8604.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SLM Corp stock. Still, in general, we apply an absolute valuation method to find SLM Corp'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 SLM Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SLM Corp's related companies.
| Open | High | Low | Close | Volume | |
| 8,595 | 8,688 | 8,533 | 8,673 | 5,103,357 | |
09/13/2024 | 8,625 | 8,713 | 8,581 | 8,604 | 3,057,681 |
| 8,550 | 8,656 | 8,503 | 8,565 | 2,038,878 |
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SLM Corp Trading Date Momentum on September 13, 2024
| On September 16 2024 Sanlam was traded for 8,565 at the closing time. The highest price during the trading period was 8,656 and the lowest recorded bid was listed for 8,503 . The volume for the day was 2 M. This history from September 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.45% . The trading price change to the current price is 1.88% . |
SLM Corp Fundamentals Correlations and Trends
By evaluating SLM Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SLM Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SLM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SLM Corp Stock history
SLM Corp 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 SLM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SLM Corp 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 SLM Corp stock prices may prove useful in developing a viable investing in SLM Corp
SLM Corp Stock Technical Analysis
SLM Corp 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
SLM Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sanlam cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
SLM Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SLM Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SLM Corp shares will generate the highest return on investment. By undertsting and applying SLM Corp stock market strength indicators, traders can identify Sanlam entry and exit signals to maximize returns
SLM Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SLM Corp's price direction in advance. Along with the technical and fundamental analysis of SLM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SLM 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 | 0.0305 | |||
| Jensen Alpha | 0.0235 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5408 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SLM Stock analysis
When running SLM Corp's price analysis, check to measure SLM Corp'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 SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.
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