Convenience Foods (Sri Lanka) Price on December 14, 2024
| SOYN0000 | LKR 1,300 5.75 0.44% |
If you're considering investing in Convenience Stock, it is important to understand the factors that can impact its price. As of today, the current price of Convenience Foods stands at 1,300, as last reported on the 4th of March, with the highest price reaching 1,300 and the lowest price hitting 1,293 during the day. Convenience Foods appears to be very steady, given 3 months investment horizon. Convenience Foods PLC secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. By analyzing Convenience Foods' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Convenience Foods' Risk Adjusted Performance of 0.1322, downside deviation of 2.37, and Mean Deviation of 2.03 to double-check if our risk estimates are consistent with your expectations.
Convenience Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Convenience |
Sharpe Ratio = 0.1616
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SOYN0000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Convenience Foods is performing at about 12% 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 Convenience Foods by adding it to a well-diversified portfolio.
Convenience Foods Valuation on December 14, 2024
It is possible to determine the worth of Convenience Foods on a given historical date. On December 14, 2024 Convenience was worth 915.0 at the beginning of the trading date compared to the closed value of 915.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Convenience Foods stock. Still, in general, we apply an absolute valuation method to find Convenience Foods' 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 Convenience Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Convenience Foods' related companies.
| Open | High | Low | Close | Volume | |
| 915.00 | 915.00 | 901.25 | 903.25 | 198.00 | |
12/13/2024 | 915.00 | 919.00 | 915.00 | 915.50 | 162.00 |
| 915.00 | 915.50 | 910.00 | 915.50 | 91.00 |
| Backtest Convenience Foods | | | Convenience Foods History | Previous | Next |
Convenience Foods Trading Date Momentum on December 14, 2024
| On December 16 2024 Convenience Foods PLC was traded for 915.50 at the closing time. The highest price during the trading period was 915.50 and the lowest recorded bid was listed for 910.00 . The volume for the day was 91.0. This history from December 16, 2024 did not affect price variability. The overall trading delta to the current price is 6.39% . |
About Convenience Foods Stock history
Convenience Foods 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 Convenience is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Convenience Foods 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 Convenience Foods stock prices may prove useful in developing a viable investing in Convenience Foods
Convenience Foods Stock Technical Analysis
Convenience Foods 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
Convenience Foods Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Convenience Foods 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.
Convenience Foods March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Convenience Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Convenience Foods shares will generate the highest return on investment. By undertsting and applying Convenience Foods stock market strength indicators, traders can identify Convenience Foods PLC entry and exit signals to maximize returns
Convenience Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Convenience Foods' price direction in advance. Along with the technical and fundamental analysis of Convenience Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Convenience 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 | 0.1322 | |||
| Jensen Alpha | 0.7023 | |||
| Total Risk Alpha | 1.06 | |||
| Sortino Ratio | 0.297 | |||
| Treynor Ratio | 0.6271 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Convenience Stock analysis
When running Convenience Foods' price analysis, check to measure Convenience Foods' 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 Convenience Foods is operating at the current time. Most of Convenience Foods' value examination focuses on studying past and present price action to predict the probability of Convenience Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Convenience Foods' price. Additionally, you may evaluate how the addition of Convenience Foods to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |