Merchant Bank (Sri Lanka) Price on December 16, 2024
| MBSLN0000 | LKR 6.90 0.30 4.55% |
If you're considering investing in Merchant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merchant Bank stands at 6.90, as last reported on the 22nd of January, with the highest price reaching 7.00 and the lowest price hitting 6.80 during the day. Merchant Bank appears to be slightly risky, given 3 months investment horizon. Merchant Bank has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Merchant Bank, which you can use to evaluate the volatility of the firm. Please exercise Merchant Bank's Downside Deviation of 2.62, risk adjusted performance of 0.1528, and Mean Deviation of 2.21 to check out if our risk estimates are consistent with your expectations.
Merchant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Merchant |
Sharpe Ratio = 0.1863
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Merchant Bank is performing at about 14% 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 Merchant Bank by adding it to a well-diversified portfolio.
Merchant Bank Valuation on December 16, 2024
It is possible to determine the worth of Merchant Bank on a given historical date. On December 16, 2024 Merchant was worth 5.7 at the beginning of the trading date compared to the closed value of 5.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merchant Bank stock. Still, in general, we apply an absolute valuation method to find Merchant Bank'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 Merchant Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merchant Bank's related companies.
| Open | High | Low | Close | Volume | |
| 5.50 | 5.70 | 5.40 | 5.60 | 124,187 | |
12/16/2024 | 5.70 | 5.70 | 5.40 | 5.40 | 118,466 |
| 5.50 | 5.50 | 5.40 | 5.50 | 285,130 |
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Merchant Bank Trading Date Momentum on December 16, 2024
| On December 17 2024 Merchant Bank of was traded for 5.50 at the closing time. The highest price during the trading period was 5.50 and the lowest recorded bid was listed for 5.40 . The volume for the day was 285.1 K. This history from December 17, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.85% . The trading delta at closing time to the current price is 11.11% . |
About Merchant Bank Stock history
Merchant Bank 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 Merchant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merchant Bank 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 Merchant Bank stock prices may prove useful in developing a viable investing in Merchant Bank
Merchant Bank Stock Technical Analysis
Merchant Bank 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
Merchant Bank Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Merchant Bank of 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.
Merchant Bank January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Merchant Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merchant Bank shares will generate the highest return on investment. By undertsting and applying Merchant Bank stock market strength indicators, traders can identify Merchant Bank of entry and exit signals to maximize returns
Merchant Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merchant Bank's price direction in advance. Along with the technical and fundamental analysis of Merchant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merchant 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 | 0.1528 | |||
| Jensen Alpha | 0.4592 | |||
| Total Risk Alpha | 0.3647 | |||
| Sortino Ratio | 0.1607 | |||
| Treynor Ratio | (1.04) |
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| Volume Indicators |
Complementary Tools for Merchant Stock analysis
When running Merchant Bank's price analysis, check to measure Merchant Bank'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 Merchant Bank is operating at the current time. Most of Merchant Bank's value examination focuses on studying past and present price action to predict the probability of Merchant Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merchant Bank's price. Additionally, you may evaluate how the addition of Merchant Bank to your portfolios can decrease your overall portfolio volatility.
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