Asiri Surgical (Sri Lanka) Price on September 9, 2024

AMSLN0000  LKR 10.90  0.10  0.91%   
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 10.90, as last reported on the 24th of December, with the highest price reaching 11.00 and the lowest price hitting 10.80 during the day. Asiri Surgical Hospital secures Sharpe Ratio (or Efficiency) of -0.0159, which signifies that the company had a -0.0159% return per unit of risk over the last 3 months. Asiri Surgical Hospital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asiri Surgical's Standard Deviation of 1.85, insignificant risk adjusted performance, and Mean Deviation of 1.49 to double-check the risk estimate we provide.
  
Asiri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0159

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Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asiri Surgical 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 Asiri Surgical by adding Asiri Surgical to a well-diversified portfolio.

Asiri Surgical Valuation on September 9, 2024

It is possible to determine the worth of Asiri Surgical on a given historical date. On September 9, 2024 Asiri was worth 10.9 at the beginning of the trading date compared to the closed value of 11.0. 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
  10.90    10.90    10.90    10.90    253.00  
09/09/2024
  10.90    11.00    10.90    11.00    587.00  
  11.40    11.40    11.20    11.20    718.00  
Backtest Asiri Surgical  |  Asiri Surgical History  PreviousNext  
Open Value
10.9
11.0
Closing Value
16.30
Upside

Asiri Surgical Trading Date Momentum on September 9, 2024

On September 10 2024 Asiri Surgical Hospital was traded for  11.20  at the closing time. The highest price during the trading period was 11.40  and the lowest recorded bid was listed for  11.20 . The volume for the day was 718. This history from September 10, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.82% . The overall trading delta to the current price is 11.82% .

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.
A focus of Asiri Surgical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asiri Surgical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asiri Surgical Period Price Range

Low
December 24, 2024
0.00  NaN%
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 24, 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.

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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