Standard Bank (South Africa) Price on June 10, 2024
SBK Stock | 22,321 227.00 1.01% |
If you're considering investing in Standard Stock, it is important to understand the factors that can impact its price. As of today, the current price of Standard Bank stands at 22,321, as last reported on the 27th of December, with the highest price reaching 22,780 and the lowest price hitting 22,089 during the day. Standard Bank Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Standard Bank Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard Bank's Coefficient Of Variation of (941.56), risk adjusted performance of (0.08), and Variance of 1.08 to confirm the risk estimate we provide.
Standard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Standard |
Sharpe Ratio = -0.1266
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SBK |
Estimated Market Risk
0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Standard Bank 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 Standard Bank by adding Standard Bank to a well-diversified portfolio.
Standard Bank Valuation on June 10, 2024
It is possible to determine the worth of Standard Bank on a given historical date. On June 10, 2024 Standard was worth 17435.56 at the beginning of the trading date compared to the closed value of 17677.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Standard Bank stock. Still, in general, we apply an absolute valuation method to find Standard 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 Standard Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Standard Bank's related companies.
Open | High | Low | Close | Volume | |
17,400 | 17,843 | 17,302 | 17,663 | 3,122,448 | |
06/10/2024 | 17,436 | 17,835 | 17,436 | 17,678 | 2,413,742 |
17,701 | 17,932 | 17,701 | 17,748 | 4,954,152 |
Backtest Standard Bank | | | Standard Bank History | | | Standard Bank Valuation | Previous | Next |
Standard Bank Trading Date Momentum on June 10, 2024
On June 11 2024 Standard Bank Group was traded for 17,748 at the closing time. The highest price during the trading period was 17,932 and the lowest recorded bid was listed for 17,701 . The volume for the day was 5 M. This history from June 11, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.40% . The trading price change to the current price is 15.34% . |
Standard Bank Group Fundamentals Correlations and Trends
By evaluating Standard Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Standard Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Standard financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Standard Bank Stock history
Standard 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 Standard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Standard Bank Group 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 Standard Bank stock prices may prove useful in developing a viable investing in Standard Bank
Standard Bank Stock Technical Analysis
Standard 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
Standard Bank Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Standard Bank Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Standard Bank December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Standard 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 Standard Bank shares will generate the highest return on investment. By undertsting and applying Standard Bank stock market strength indicators, traders can identify Standard Bank Group entry and exit signals to maximize returns
Standard Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Standard Bank's price direction in advance. Along with the technical and fundamental analysis of Standard Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Standard 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 | (0.08) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (0.31) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Standard Stock analysis
When running Standard Bank's price analysis, check to measure Standard 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 Standard Bank is operating at the current time. Most of Standard Bank's value examination focuses on studying past and present price action to predict the probability of Standard 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 Standard Bank's price. Additionally, you may evaluate how the addition of Standard Bank to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Fundamental Analysis View fundamental data based on most recent published financial statements |