Serendib Hotels (Sri Lanka) Price on December 14, 2024

SHOTN0000  LKR 19.00  0.50  2.56%   
If you're considering investing in Serendib Stock, it is important to understand the factors that can impact its price. As of today, the current price of Serendib Hotels stands at 19.00, as last reported on the 5th of March, with the highest price reaching 19.90 and the lowest price hitting 19.00 during the day. Serendib Hotels PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Serendib Hotels PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Serendib Hotels' Coefficient Of Variation of (15,490), risk adjusted performance of 0.0022, and Variance of 7.26 to confirm the risk estimate we provide.
  
Serendib Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.007

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Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Serendib Hotels 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 Serendib Hotels by adding Serendib Hotels to a well-diversified portfolio.

Serendib Hotels Valuation on December 14, 2024

It is possible to determine the worth of Serendib Hotels on a given historical date. On December 14, 2024 Serendib was worth 20.7 at the beginning of the trading date compared to the closed value of 20.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Serendib Hotels stock. Still, in general, we apply an absolute valuation method to find Serendib Hotels' 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 Serendib Hotels where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Serendib Hotels' related companies.
 Open High Low Close Volume
  20.60    20.90    20.30    20.60    138,816  
12/13/2024
  20.70    20.80    20.00    20.10    61,707  
  20.40    20.40    19.90    20.00    65,449  
Backtest Serendib Hotels  |  Serendib Hotels History  PreviousNext  
Open Value
20.7
20.1
Closing Value
28.79
Upside

Serendib Hotels Trading Date Momentum on December 14, 2024

On December 16 2024 Serendib Hotels PLC was traded for  20.00  at the closing time. The highest price during the trading period was 20.40  and the lowest recorded bid was listed for  19.90 . The volume for the day was 65.4 K. This history from December 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.50% . The trading price change to the current price is 0.50% .

About Serendib Hotels Stock history

Serendib Hotels 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 Serendib is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Serendib Hotels PLC 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 Serendib Hotels stock prices may prove useful in developing a viable investing in Serendib Hotels

Serendib Hotels Stock Technical Analysis

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

Serendib Hotels Period Price Range

Low
March 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Serendib Hotels PLC 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.

Serendib Hotels March 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Serendib Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Serendib Hotels shares will generate the highest return on investment. By undertsting and applying Serendib Hotels stock market strength indicators, traders can identify Serendib Hotels PLC entry and exit signals to maximize returns

Serendib Hotels Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Serendib Hotels' price direction in advance. Along with the technical and fundamental analysis of Serendib Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Serendib 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 Serendib Stock analysis

When running Serendib Hotels' price analysis, check to measure Serendib Hotels' 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 Serendib Hotels is operating at the current time. Most of Serendib Hotels' value examination focuses on studying past and present price action to predict the probability of Serendib Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Serendib Hotels' price. Additionally, you may evaluate how the addition of Serendib Hotels to your portfolios can decrease your overall portfolio volatility.
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