Lanka Credit (Sri Lanka) Price on September 2, 2024

LCBFN0000   2.70  0.10  3.85%   
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 29th of March, with the highest price reaching 2.80 and the lowest price hitting 2.60 during the day. Lanka Credit has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Lanka Credit exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lanka Credit's Mean Deviation of 2.37, downside deviation of 4.22, and Risk Adjusted Performance of 0.0362 to check out the risk estimate we provide.
  
Lanka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -2.0E-4

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Estimated Market Risk

 3.56
  actual daily
31
69% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Lanka Credit 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 Lanka Credit by adding Lanka Credit to a well-diversified portfolio.

Lanka Credit Valuation on September 2, 2024

It is possible to determine the worth of Lanka Credit on a given historical date. On September 2, 2024 Lanka was worth 2.0 at the beginning of the trading date compared to the closed value of 1.9. 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
  2.00    2.00    2.00    2.00    5,995  
09/02/2024
  2.00    2.00    1.90    1.90    57,828  
  1.90    1.90    1.90    1.90    245,941  
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Open Value
2.0
1.9
Closing Value
12.69
Upside

Lanka Credit Trading Date Momentum on September 2, 2024

On September 03 2024 Lanka Credit and was traded for  1.90  at the closing time. The highest price during the trading period was 1.90  and the lowest recorded bid was listed for  1.90 . The volume for the day was 245.9 K. This history from September 3, 2024 did not cause price change. The trading delta at closing time to the current price is 10.53% .

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.
A focus of Lanka Credit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lanka Credit 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

Lanka Credit Period Price Range

Low
March 29, 2025
0.00  NaN%
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 March 29, 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.

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.
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