Sobha (India) Price on December 27, 2023
SOBHA Stock | 1,242 30.50 2.52% |
If you're considering investing in Sobha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sobha stands at 1,242, as last reported on the 10th of March, with the highest price reaching 1,272 and the lowest price hitting 1,210 during the day. Sobha Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15 % return per unit of risk over the last 3 months. Sobha Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sobha's Variance of 7.71, risk adjusted performance of (0.11), and Coefficient Of Variation of (662.26) to confirm the risk estimate we provide.
Sobha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sobha |
Sharpe Ratio = -0.151
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Estimated Market Risk
2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sobha 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 Sobha by adding Sobha to a well-diversified portfolio.
Sobha Valuation on December 27, 2023
It is possible to determine the worth of Sobha on a given historical date. On December 27, 2023 Sobha was worth 1024.31 at the beginning of the trading date compared to the closed value of 1012.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sobha stock. Still, in general, we apply an absolute valuation method to find Sobha'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 Sobha where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sobha's related companies.
Open | High | Low | Close | Volume | |
1,043 | 1,048 | 1,007 | 1,013 | 361,230 | |
12/27/2023 | 1,024 | 1,030 | 1,008 | 1,013 | 276,760 |
1,015 | 1,023 | 993.36 | 999.55 | 215,851 |
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Sobha Trading Date Momentum on December 27, 2023
On December 28 2023 Sobha Limited was traded for 999.55 at the closing time. The highest price during the trading period was 1,023 and the lowest recorded bid was listed for 993.36 . The volume for the day was 215.9 K. This history from December 28, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 1.30% . The trading price change to the current price is 25.69% . |
Sobha Limited Fundamentals Correlations and Trends
By evaluating Sobha'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 Sobha's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sobha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sobha Stock history
Sobha 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 Sobha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sobha Limited 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 Sobha stock prices may prove useful in developing a viable investing in Sobha
Sobha Stock Technical Analysis
Sobha 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
Sobha Period Price Range
Low | March 10, 2025
| High |
0.00 | 0.00 |
Sobha Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Sobha March 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Sobha stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sobha shares will generate the highest return on investment. By undertsting and applying Sobha stock market strength indicators, traders can identify Sobha Limited entry and exit signals to maximize returns
Sobha Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sobha's price direction in advance. Along with the technical and fundamental analysis of Sobha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sobha 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 | (0.11) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | 3.49 |
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Other Information on Investing in Sobha Stock
Sobha financial ratios help investors to determine whether Sobha Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sobha with respect to the benefits of owning Sobha security.