Singhe Hospitals (Sri Lanka) Price on November 5, 2024
SINHN0000 | LKR 2.40 0.10 4.00% |
If you're considering investing in Singhe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Singhe Hospitals stands at 2.40, as last reported on the 13th of December 2024, with the highest price reaching 2.50 and the lowest price hitting 2.30 during the day. Singhe Hospitals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0123, which indicates the firm had a -0.0123% return per unit of risk over the last 3 months. Singhe Hospitals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Singhe Hospitals' Coefficient Of Variation of (22,175), variance of 9.68, and Risk Adjusted Performance of 0.0044 to confirm the risk estimate we provide.
Singhe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Singhe |
Sharpe Ratio = -0.0123
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Estimated Market Risk
2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.03 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 Singhe Hospitals 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 Singhe Hospitals by adding Singhe Hospitals to a well-diversified portfolio.
Singhe Hospitals Valuation on November 5, 2024
It is possible to determine the worth of Singhe Hospitals on a given historical date. On November 5, 2024 Singhe was worth 2.4 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Singhe Hospitals stock. Still, in general, we apply an absolute valuation method to find Singhe Hospitals' 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 Singhe Hospitals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Singhe Hospitals' related companies.
Open | High | Low | Close | Volume | |
2.50 | 2.50 | 2.40 | 2.50 | 7,214 | |
11/05/2024 | 2.40 | 2.50 | 2.40 | 2.50 | 53,000 |
2.30 | 2.60 | 2.30 | 2.60 | 88,001 |
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Singhe Hospitals Trading Date Momentum on November 5, 2024
On November 06 2024 Singhe Hospitals was traded for 2.60 at the closing time. The highest price during the trading period was 2.60 and the lowest recorded bid was listed for 2.30 . The volume for the day was 88 K. This history from November 6, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 4.00% . The trading price change to the current price is 0.00% . |
About Singhe Hospitals Stock history
Singhe Hospitals 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 Singhe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Singhe Hospitals 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 Singhe Hospitals stock prices may prove useful in developing a viable investing in Singhe Hospitals
Singhe Hospitals Stock Technical Analysis
Singhe Hospitals 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
Singhe Hospitals Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Singhe Hospitals 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.
Singhe Hospitals December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Singhe Hospitals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Singhe Hospitals shares will generate the highest return on investment. By undertsting and applying Singhe Hospitals stock market strength indicators, traders can identify Singhe Hospitals entry and exit signals to maximize returns
Singhe Hospitals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Singhe Hospitals' price direction in advance. Along with the technical and fundamental analysis of Singhe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Singhe 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 | 0.0044 | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.02) |
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Volume Indicators |
Complementary Tools for Singhe Stock analysis
When running Singhe Hospitals' price analysis, check to measure Singhe Hospitals' 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 Singhe Hospitals is operating at the current time. Most of Singhe Hospitals' value examination focuses on studying past and present price action to predict the probability of Singhe Hospitals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singhe Hospitals' price. Additionally, you may evaluate how the addition of Singhe Hospitals to your portfolios can decrease your overall portfolio volatility.
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