Chemanex PLC (Sri Lanka) Price on January 7, 2025
| CHMXN0000 | LKR 179.00 4.00 2.29% |
If you're considering investing in Chemanex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chemanex PLC stands at 179.00, as last reported on the 9th of January, with the highest price reaching 182.00 and the lowest price hitting 168.25 during the day. Chemanex PLC is very steady given 3 months investment horizon. Chemanex PLC secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.36% are justified by taking the suggested risk. Use Chemanex PLC risk adjusted performance of 0.2618, and Mean Deviation of 2.78 to evaluate company specific risk that cannot be diversified away.
Chemanex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chemanex |
Sharpe Ratio = 0.3009
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Estimated Market Risk
| 4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.36 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Chemanex PLC is performing at about 23% 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 Chemanex PLC by adding it to a well-diversified portfolio.
Chemanex PLC Valuation on January 7, 2025
It is possible to determine the worth of Chemanex PLC on a given historical date. On January 7, 2025 Chemanex was worth 179.75 at the beginning of the trading date compared to the closed value of 175.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chemanex PLC stock. Still, in general, we apply an absolute valuation method to find Chemanex 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 Chemanex PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chemanex PLC's related companies.
| Open | High | Low | Close | Volume | |
| 182.00 | 182.00 | 168.25 | 179.00 | 167,478 | |
01/07/2025 | 179.75 | 179.75 | 168.00 | 175.00 | 33,086 |
| 182.00 | 182.00 | 168.25 | 179.00 | 0.00 |
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Chemanex PLC Trading Date Momentum on January 7, 2025
| On January 09 2025 Chemanex PLC was traded for 179.00 at the closing time. The highest price during the trading period was 182.00 and the lowest recorded bid was listed for 168.25 . There was no trading activity during the period 0.0. Lack of trading volume on January 9, 2025 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.29% . The overall trading delta to the current price is 4.00% . |
About Chemanex PLC Stock history
Chemanex 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 Chemanex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chemanex 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 Chemanex PLC stock prices may prove useful in developing a viable investing in Chemanex PLC
Chemanex PLC Stock Technical Analysis
Chemanex 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
Chemanex PLC Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
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Chemanex PLC January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Chemanex 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 Chemanex PLC shares will generate the highest return on investment. By undertsting and applying Chemanex PLC stock market strength indicators, traders can identify Chemanex PLC entry and exit signals to maximize returns
Chemanex PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chemanex PLC's price direction in advance. Along with the technical and fundamental analysis of Chemanex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chemanex 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 | 0.2618 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | 1.24 | |||
| Sortino Ratio | 0.5472 | |||
| Treynor Ratio | 1.81 |
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| Volume Indicators |
Complementary Tools for Chemanex Stock analysis
When running Chemanex PLC's price analysis, check to measure Chemanex 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 Chemanex PLC is operating at the current time. Most of Chemanex PLC's value examination focuses on studying past and present price action to predict the probability of Chemanex 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 Chemanex PLC's price. Additionally, you may evaluate how the addition of Chemanex PLC to your portfolios can decrease your overall portfolio volatility.
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