Lanka Credit (Sri Lanka) Price on July 8, 2024
| LCBFN0000 | 2.70 0.00 0.00% |
If you're considering investing in Lanka Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lanka Credit stands at 2.70, as last reported on the 19th of January, with the highest price reaching 2.70 and the lowest price hitting 2.60 during the day. Lanka Credit appears to be risky, given 3 months investment horizon. Lanka Credit has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lanka Credit, which you can use to evaluate the volatility of the firm. Please exercise Lanka Credit's Downside Deviation of 4.86, mean deviation of 2.46, and Risk Adjusted Performance of 0.0972 to check out if our risk estimates are consistent with your expectations.
Lanka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lanka |
Sharpe Ratio = 0.1498
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LCBFN0000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Lanka Credit is performing at about 11% 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 Lanka Credit by adding it to a well-diversified portfolio.
Lanka Credit Valuation on July 8, 2024
It is possible to determine the worth of Lanka Credit on a given historical date. On July 8, 2024 Lanka was worth 2.1 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lanka Credit stock. Still, in general, we apply an absolute valuation method to find Lanka Credit'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 Lanka Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lanka Credit's related companies.
| Open | High | Low | Close | Volume | |
| 2.20 | 2.20 | 2.10 | 2.20 | 6,961 | |
07/08/2024 | 2.10 | 2.20 | 2.10 | 2.20 | 330,581 |
| 2.10 | 2.20 | 2.10 | 2.10 | 451,018 |
| Backtest Lanka Credit | | | Lanka Credit History | Previous | Next |
Lanka Credit Trading Date Momentum on July 8, 2024
| On July 09 2024 Lanka Credit and was traded for 2.10 at the closing time. The highest price during the trading period was 2.20 and the lowest recorded bid was listed for 2.10 . The volume for the day was 451 K. This history from July 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.55% . The trading delta at closing time to the current price is 0.00% . |
About Lanka Credit Stock history
Lanka Credit 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 Lanka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lanka Credit 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 Lanka Credit stock prices may prove useful in developing a viable investing in Lanka Credit
Lanka Credit Stock Technical Analysis
Lanka Credit 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
Lanka Credit Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
Lanka Credit and 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.
Lanka Credit January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how Lanka Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lanka Credit shares will generate the highest return on investment. By undertsting and applying Lanka Credit stock market strength indicators, traders can identify Lanka Credit and entry and exit signals to maximize returns
Lanka Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lanka Credit's price direction in advance. Along with the technical and fundamental analysis of Lanka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lanka 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 | 0.0972 | |||
| Jensen Alpha | 0.3603 | |||
| Total Risk Alpha | 0.2777 | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | (4.48) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Lanka Stock analysis
When running Lanka Credit's price analysis, check to measure Lanka Credit'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 Lanka Credit is operating at the current time. Most of Lanka Credit's value examination focuses on studying past and present price action to predict the probability of Lanka Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lanka Credit's price. Additionally, you may evaluate how the addition of Lanka Credit to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| 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 | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |