Janashakthi Insurance (Sri Lanka) Price on October 31, 2023
| JINSN0000 | LKR 57.90 1.40 2.48% |
If you're considering investing in Janashakthi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Janashakthi Insurance stands at 57.90, as last reported on the 19th of January, with the highest price reaching 58.30 and the lowest price hitting 56.20 during the day. Janashakthi Insurance appears to be very steady, given 3 months investment horizon. Janashakthi Insurance holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of risk over the last 3 months. By evaluating Janashakthi Insurance's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Janashakthi Insurance's Downside Deviation of 1.39, market risk adjusted performance of 1.98, and Risk Adjusted Performance of 0.221 to validate if our risk estimates are consistent with your expectations.
Janashakthi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Janashakthi |
Sharpe Ratio = 0.2442
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Janashakthi Insurance is performing at about 19% 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 Janashakthi Insurance by adding it to a well-diversified portfolio.
Janashakthi Insurance Valuation on October 31, 2023
It is possible to determine the worth of Janashakthi Insurance on a given historical date. On October 31, 2023 Janashakthi was worth 42.5 at the beginning of the trading date compared to the closed value of 42.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Janashakthi Insurance stock. Still, in general, we apply an absolute valuation method to find Janashakthi Insurance'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 Janashakthi Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Janashakthi Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 42.20 | 42.20 | 41.20 | 41.40 | 120.00 | |
10/31/2023 | 42.50 | 43.00 | 41.60 | 42.00 | 9,262 |
| 43.00 | 43.50 | 42.00 | 43.40 | 18,714 |
| Backtest Janashakthi Insurance | | | Janashakthi Insurance History | Previous | Next |
Janashakthi Insurance Trading Date Momentum on October 31, 2023
| On November 01 2023 Janashakthi Insurance was traded for 43.40 at the closing time. The highest price during the trading period was 43.50 and the lowest recorded bid was listed for 42.00 . The volume for the day was 18.7 K. This history from November 1, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 3.33% . The trading delta at closing time to the current price is 2.14% . |
About Janashakthi Insurance Stock history
Janashakthi Insurance 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 Janashakthi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Janashakthi Insurance 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 Janashakthi Insurance stock prices may prove useful in developing a viable investing in Janashakthi Insurance
Janashakthi Insurance Stock Technical Analysis
Janashakthi Insurance 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
Janashakthi Insurance Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
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Janashakthi Insurance January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how Janashakthi Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Janashakthi Insurance shares will generate the highest return on investment. By undertsting and applying Janashakthi Insurance stock market strength indicators, traders can identify Janashakthi Insurance entry and exit signals to maximize returns
Janashakthi Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Janashakthi Insurance's price direction in advance. Along with the technical and fundamental analysis of Janashakthi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Janashakthi 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 | 0.221 | |||
| Jensen Alpha | 0.5712 | |||
| Total Risk Alpha | 0.5231 | |||
| Sortino Ratio | 0.4001 | |||
| Treynor Ratio | 1.97 |
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Complementary Tools for Janashakthi Stock analysis
When running Janashakthi Insurance's price analysis, check to measure Janashakthi Insurance'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 Janashakthi Insurance is operating at the current time. Most of Janashakthi Insurance's value examination focuses on studying past and present price action to predict the probability of Janashakthi Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janashakthi Insurance's price. Additionally, you may evaluate how the addition of Janashakthi Insurance to your portfolios can decrease your overall portfolio volatility.
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