Convenience Foods (Sri Lanka) Price on November 22, 2024
| SOYN0000 | LKR 871.50 23.00 2.57% |
If you're considering investing in Convenience Stock, it is important to understand the factors that can impact its price. As of today, the current price of Convenience Foods stands at 871.50, as last reported on the 1st of December, with the highest price reaching 893.00 and the lowest price hitting 865.00 during the day. At this point, Convenience Foods is very steady. Convenience Foods PLC secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Convenience Foods PLC, which you can use to evaluate the volatility of the firm. Please confirm Convenience Foods' Standard Deviation of 2.02, mean deviation of 1.29, and Risk Adjusted Performance of 0.002 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Convenience Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Convenience |
Sharpe Ratio = 0.1069
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Convenience Foods is performing at about 8% 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 Convenience Foods by adding it to a well-diversified portfolio.
Convenience Foods Valuation on November 22, 2024
It is possible to determine the worth of Convenience Foods on a given historical date. On November 22, 2024 Convenience was worth 849.25 at the beginning of the trading date compared to the closed value of 860.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Convenience Foods stock. Still, in general, we apply an absolute valuation method to find Convenience Foods' 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 Convenience Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Convenience Foods' related companies.
| Open | High | Low | Close | Volume | |
| 850.00 | 850.00 | 840.00 | 840.50 | 578.00 | |
11/22/2024 | 849.25 | 879.00 | 840.00 | 860.25 | 1,339 |
| 845.00 | 860.00 | 845.00 | 850.00 | 695.00 |
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Convenience Foods Trading Date Momentum on November 22, 2024
| On November 25 2024 Convenience Foods PLC was traded for 850.00 at the closing time. The highest price during the trading period was 860.00 and the lowest recorded bid was listed for 845.00 . The volume for the day was 695. This history from November 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.19% . The overall trading delta to the current price is 3.46% . |
About Convenience Foods Stock history
Convenience Foods 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 Convenience is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Convenience Foods PLC 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 Convenience Foods stock prices may prove useful in developing a viable investing in Convenience Foods
Convenience Foods Stock Technical Analysis
Convenience Foods 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
Convenience Foods Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Convenience Foods PLC 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.
Convenience Foods December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Convenience Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Convenience Foods shares will generate the highest return on investment. By undertsting and applying Convenience Foods stock market strength indicators, traders can identify Convenience Foods PLC entry and exit signals to maximize returns
Convenience Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Convenience Foods' price direction in advance. Along with the technical and fundamental analysis of Convenience Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Convenience 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 | 0.002 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.2409 |
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Complementary Tools for Convenience Stock analysis
When running Convenience Foods' price analysis, check to measure Convenience Foods' 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 Convenience Foods is operating at the current time. Most of Convenience Foods' value examination focuses on studying past and present price action to predict the probability of Convenience Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Convenience Foods' price. Additionally, you may evaluate how the addition of Convenience Foods to your portfolios can decrease your overall portfolio volatility.
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