Asiri Surgical (Sri Lanka) Price on January 2, 2023
| AMSLN0000 | LKR 12.30 0.10 0.82% |
If you're considering investing in Asiri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asiri Surgical stands at 12.30, as last reported on the 29th of December, with the highest price reaching 12.40 and the lowest price hitting 11.70 during the day. At this point, Asiri Surgical is not too volatile. Asiri Surgical Hospital secures Sharpe Ratio (or Efficiency) of 0.0872, which signifies that the company had a 0.0872% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Asiri Surgical Hospital, which you can use to evaluate the volatility of the firm. Please confirm Asiri Surgical's Downside Deviation of 2.06, mean deviation of 1.6, and Risk Adjusted Performance of 0.0738 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
Asiri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asiri |
Sharpe Ratio = 0.0872
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Asiri Surgical is performing at about 6% 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 Asiri Surgical by adding it to a well-diversified portfolio.
Asiri Surgical Valuation on January 2, 2023
It is possible to determine the worth of Asiri Surgical on a given historical date. On January 2, 2023 Asiri was worth 12.5 at the beginning of the trading date compared to the closed value of 13.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asiri Surgical stock. Still, in general, we apply an absolute valuation method to find Asiri Surgical'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 Asiri Surgical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asiri Surgical's related companies.
| Open | High | Low | Close | Volume | |
| 13.40 | 13.40 | 13.00 | 13.00 | 11,495 | |
01/02/2023 | 12.50 | 13.60 | 12.50 | 13.20 | 1,385 |
| 12.50 | 12.90 | 12.50 | 12.90 | 633.00 |
| Backtest Asiri Surgical | | | Asiri Surgical History | Previous | Next |
Asiri Surgical Trading Date Momentum on January 2, 2023
| On January 03 2023 Asiri Surgical Hospital was traded for 12.90 at the closing time. The highest price during the trading period was 12.90 and the lowest recorded bid was listed for 12.50 . The volume for the day was 633. This history from January 3, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.27% . The overall trading delta to the current price is 1.52% . |
About Asiri Surgical Stock history
Asiri Surgical 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 Asiri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asiri Surgical Hospital 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 Asiri Surgical stock prices may prove useful in developing a viable investing in Asiri Surgical
Asiri Surgical Stock Technical Analysis
Asiri Surgical 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
Asiri Surgical Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Asiri Surgical Hospital 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.
Asiri Surgical December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Asiri Surgical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asiri Surgical shares will generate the highest return on investment. By undertsting and applying Asiri Surgical stock market strength indicators, traders can identify Asiri Surgical Hospital entry and exit signals to maximize returns
Asiri Surgical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asiri Surgical's price direction in advance. Along with the technical and fundamental analysis of Asiri Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asiri 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 | 0.0738 | |||
| Jensen Alpha | 0.1732 | |||
| Total Risk Alpha | 0.1088 | |||
| Sortino Ratio | 0.0703 | |||
| Treynor Ratio | (0.59) |
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| Volume Indicators |
Complementary Tools for Asiri Stock analysis
When running Asiri Surgical's price analysis, check to measure Asiri Surgical'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 Asiri Surgical is operating at the current time. Most of Asiri Surgical's value examination focuses on studying past and present price action to predict the probability of Asiri Surgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiri Surgical's price. Additionally, you may evaluate how the addition of Asiri Surgical to your portfolios can decrease your overall portfolio volatility.
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