Nuwara Eliya (Sri Lanka) Price on May 24, 2023
| NEHN0000 | LKR 2,050 9.50 0.46% |
If you're considering investing in Nuwara Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuwara Eliya stands at 2,050, as last reported on the 15th of December 2024, with the highest price reaching 2,190 and the lowest price hitting 2,050 during the day. Nuwara Eliya appears to be very steady, given 3 months investment horizon. Nuwara Eliya Hotels has Sharpe Ratio of 0.0958, which conveys that the firm had a 0.0958% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Nuwara Eliya, which you can use to evaluate the volatility of the firm. Please exercise Nuwara Eliya's Mean Deviation of 1.33, risk adjusted performance of 0.0021, and Standard Deviation of 3.48 to check out if our risk estimates are consistent with your expectations.
Nuwara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuwara |
Sharpe Ratio = 0.0958
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NEHN0000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nuwara Eliya is performing at about 7% 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 Nuwara Eliya by adding it to a well-diversified portfolio.
Nuwara Eliya Valuation on May 24, 2023
It is possible to determine the worth of Nuwara Eliya on a given historical date. On May 24, 2023 Nuwara was worth 1488.0 at the beginning of the trading date compared to the closed value of 1490.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuwara Eliya stock. Still, in general, we apply an absolute valuation method to find Nuwara Eliya'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 Nuwara Eliya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuwara Eliya's related companies.
| Open | High | Low | Close | Volume | |
| 1,278 | 1,490 | 1,278 | 1,490 | 1.00 | |
05/17/2023 | 1,488 | 1,490 | 1,280 | 1,490 | 20.00 |
| 1,600 | 1,600 | 1,490 | 1,490 | 1.00 |
| Backtest Nuwara Eliya | | | Nuwara Eliya History | Previous | Next |
Nuwara Eliya Trading Date Momentum on May 24, 2023
| On June 12 2023 Nuwara Eliya Hotels was traded for 1,490 at the closing time. The highest price during the trading period was 1,600 and the lowest recorded bid was listed for 1,490 . There was no trading activity during the period 1.0. Lack of trading volume on June 12, 2023 did not cause price change. The trading delta at closing time to the current price is 7.35% . |
About Nuwara Eliya Stock history
Nuwara Eliya 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 Nuwara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuwara Eliya Hotels 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 Nuwara Eliya stock prices may prove useful in developing a viable investing in Nuwara Eliya
Nuwara Eliya Stock Technical Analysis
Nuwara Eliya 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
Nuwara Eliya Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Nuwara Eliya Hotels 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.
Nuwara Eliya December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuwara Eliya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuwara Eliya shares will generate the highest return on investment. By undertsting and applying Nuwara Eliya stock market strength indicators, traders can identify Nuwara Eliya Hotels entry and exit signals to maximize returns
Nuwara Eliya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuwara Eliya's price direction in advance. Along with the technical and fundamental analysis of Nuwara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuwara 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 | 0.0021 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.15) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nuwara Stock analysis
When running Nuwara Eliya's price analysis, check to measure Nuwara Eliya'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 Nuwara Eliya is operating at the current time. Most of Nuwara Eliya's value examination focuses on studying past and present price action to predict the probability of Nuwara Eliya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuwara Eliya's price. Additionally, you may evaluate how the addition of Nuwara Eliya to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |