SERENDIB HOTELS (Sri Lanka) Price on November 28, 2024
| SHOTX0000 | LKR 14.50 0.60 4.32% |
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 14.50, as last reported on the 5th of January, with the highest price reaching 14.50 and the lowest price hitting 13.90 during the day. SERENDIB HOTELS appears to be not too volatile, given 3 months investment horizon. SERENDIB HOTELS PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of standard deviation over the last 3 months. By examining SERENDIB HOTELS's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review SERENDIB HOTELS's coefficient of variation of 429.69, and Risk Adjusted Performance of 0.1963 to confirm if our risk estimates are consistent with your expectations.
SERENDIB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SERENDIB |
Sharpe Ratio = 0.2437
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Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average SERENDIB HOTELS is performing at about 19% 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 SERENDIB HOTELS by adding it to a well-diversified portfolio.
SERENDIB HOTELS Valuation on November 28, 2024
It is possible to determine the worth of SERENDIB HOTELS on a given historical date. On November 28, 2024 SERENDIB was worth 11.8 at the beginning of the trading date compared to the closed value of 12.5. 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'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 SERENDIB HOTELS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SERENDIB HOTELS's related companies.
| Open | High | Low | Close | Volume | |
| 11.70 | 11.80 | 11.40 | 11.70 | 30,776 | |
11/28/2024 | 11.80 | 12.60 | 11.80 | 12.50 | 1,091,771 |
| 12.60 | 13.00 | 12.30 | 12.50 | 864,939 |
| Backtest SERENDIB HOTELS | | | SERENDIB HOTELS History | Previous | Next |
SERENDIB HOTELS Trading Date Momentum on November 28, 2024
| On November 29 2024 SERENDIB HOTELS PLC was traded for 12.50 at the closing time. The highest price during the trading period was 13.00 and the lowest recorded bid was listed for 12.30 . The volume for the day was 864.9 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
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.
Price Boundaries
SERENDIB HOTELS Period Price Range
Low | January 5, 2025
| 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 January 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's 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.
| Risk Adjusted Performance | 0.1963 | |||
| Jensen Alpha | 0.7299 | |||
| Total Risk Alpha | 0.6818 | |||
| Sortino Ratio | 0.3236 | |||
| Treynor Ratio | 32.31 |
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Complementary Tools for SERENDIB Stock analysis
When running SERENDIB HOTELS's price analysis, check to measure SERENDIB HOTELS'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 SERENDIB HOTELS is operating at the current time. Most of SERENDIB HOTELS's value examination focuses on studying past and present price action to predict the probability of SERENDIB HOTELS's 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's price. Additionally, you may evaluate how the addition of SERENDIB HOTELS to your portfolios can decrease your overall portfolio volatility.
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