CONOIL PLC (Nigeria) Price on April 9, 2024
| CONOIL Stock | 387.20 0.00 0.00% |
If you're considering investing in CONOIL Stock, it is important to understand the factors that can impact its price. As of today, the current price of CONOIL PLC stands at 387.20, as last reported on the 24th of January, with the highest price reaching 387.20 and the lowest price hitting 387.20 during the day. CONOIL PLC is very steady given 3 months investment horizon. CONOIL PLC secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the company had a 0.41 % return per unit of risk over the last 3 months. We were able to collect and analyze data for eighteen different technical indicators, which can help you to evaluate if expected returns of 1.38% are justified by taking the suggested risk. Use CONOIL PLC mean deviation of 2.29, and Risk Adjusted Performance of 0.3295 to evaluate company specific risk that cannot be diversified away.
CONOIL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CONOIL |
Sharpe Ratio = 0.4083
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | CONOIL | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 1.38 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.41 actual daily | 32 68% of assets perform better |
Based on monthly moving average CONOIL PLC is performing at about 32% 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 CONOIL PLC by adding it to a well-diversified portfolio.
CONOIL PLC Valuation on April 9, 2024
It is possible to determine the worth of CONOIL PLC on a given historical date. On April 9, 2024 CONOIL was worth 27.57 at the beginning of the trading date compared to the closed value of 27.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CONOIL PLC stock. Still, in general, we apply an absolute valuation method to find CONOIL 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 CONOIL PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CONOIL PLC's related companies.
| Open | High | Low | Close | Volume | |
| 90.90 | 90.90 | 90.90 | 90.90 | 4,477 | |
04/09/2024 | 27.57 | 27.67 | 27.49 | 27.49 | 39,700 |
| 27.41 | 27.41 | 27.04 | 27.04 | 61,700 |
| Backtest CONOIL PLC | | | CONOIL PLC History | Previous | Next |
CONOIL PLC Trading Date Momentum on April 9, 2024
| On April 10 2024 CONOIL PLC was traded for 27.04 at the closing time. The highest price during the trading period was 27.41 and the lowest recorded bid was listed for 27.04 . The volume for the day was 61.7 K. This history from April 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.64% . The overall trading delta to the current price is 230.67% . |
Price Boundaries
CONOIL PLC Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
CONOIL PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
CONOIL PLC January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how CONOIL 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 CONOIL PLC shares will generate the highest return on investment. By undertsting and applying CONOIL PLC stock market strength indicators, traders can identify CONOIL PLC entry and exit signals to maximize returns
CONOIL PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CONOIL PLC's price direction in advance. Along with the technical and fundamental analysis of CONOIL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CONOIL 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 | 0.3295 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 1.09 | |||
| Treynor Ratio | 1.28 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CONOIL Stock analysis
When running CONOIL PLC's price analysis, check to measure CONOIL 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 CONOIL PLC is operating at the current time. Most of CONOIL PLC's value examination focuses on studying past and present price action to predict the probability of CONOIL 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 CONOIL PLC's price. Additionally, you may evaluate how the addition of CONOIL PLC to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Transaction History View history of all your transactions and understand their impact on performance |