VIDULLANKA PLC (Sri Lanka) Price on September 23, 2024
| VLLX0000 | 9.30 0.10 1.09% |
If you're considering investing in VIDULLANKA Stock, it is important to understand the factors that can impact its price. As of today, the current price of VIDULLANKA PLC stands at 9.30, as last reported on the 29th of November, with the highest price reaching 9.30 and the lowest price hitting 9.20 during the day. VIDULLANKA PLC appears to be somewhat reliable, given 3 months investment horizon. VIDULLANKA PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for VIDULLANKA PLC, which you can use to evaluate the volatility of the company. Please review VIDULLANKA PLC's coefficient of variation of 4991.37, and Risk Adjusted Performance of 0.0226 to confirm if our risk estimates are consistent with your expectations.
VIDULLANKA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VIDULLANKA |
Sharpe Ratio = 0.1082
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Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average VIDULLANKA PLC 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 VIDULLANKA PLC by adding it to a well-diversified portfolio.
VIDULLANKA PLC Valuation on September 23, 2024
It is possible to determine the worth of VIDULLANKA PLC on a given historical date. On September 23, 2024 VIDULLANKA was worth 9.0 at the beginning of the trading date compared to the closed value of 8.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VIDULLANKA PLC stock. Still, in general, we apply an absolute valuation method to find VIDULLANKA PLC'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 VIDULLANKA PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VIDULLANKA PLC's related companies.
| Open | High | Low | Close | Volume | |
| 8.00 | 9.00 | 8.00 | 8.10 | 14,450 | |
09/23/2024 | 9.00 | 9.00 | 8.50 | 8.60 | 26,107 |
| 8.30 | 9.40 | 8.30 | 8.90 | 29,060 |
| Backtest VIDULLANKA PLC | | | VIDULLANKA PLC History | Previous | Next |
VIDULLANKA PLC Trading Date Momentum on September 23, 2024
| On September 24 2024 VIDULLANKA PLC was traded for 8.90 at the closing time. The highest price during the trading period was 9.40 and the lowest recorded bid was listed for 8.30 . The volume for the day was 29.1 K. This history from September 24, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 3.49% . The trading price change to the current price is 3.49% . |
About VIDULLANKA PLC Stock history
VIDULLANKA PLC 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 VIDULLANKA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VIDULLANKA 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 VIDULLANKA PLC stock prices may prove useful in developing a viable investing in VIDULLANKA PLC
VIDULLANKA PLC Stock Technical Analysis
VIDULLANKA PLC 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
VIDULLANKA PLC Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
VIDULLANKA 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.
VIDULLANKA PLC November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how VIDULLANKA PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VIDULLANKA PLC shares will generate the highest return on investment. By undertsting and applying VIDULLANKA PLC stock market strength indicators, traders can identify VIDULLANKA PLC entry and exit signals to maximize returns
VIDULLANKA PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VIDULLANKA PLC's price direction in advance. Along with the technical and fundamental analysis of VIDULLANKA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VIDULLANKA 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 | 0.0226 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0571 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for VIDULLANKA Stock analysis
When running VIDULLANKA PLC's price analysis, check to measure VIDULLANKA PLC'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 VIDULLANKA PLC is operating at the current time. Most of VIDULLANKA PLC's value examination focuses on studying past and present price action to predict the probability of VIDULLANKA PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIDULLANKA PLC's price. Additionally, you may evaluate how the addition of VIDULLANKA PLC to your portfolios can decrease your overall portfolio volatility.
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