Sanasa Development (Sri Lanka) Price History

SDBN0000  LKR 32.90  0.20  0.60%   
If you're considering investing in Sanasa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanasa Development stands at 32.90, as last reported on the 12th of December 2024, with the highest price reaching 33.00 and the lowest price hitting 32.80 during the day. At this point, Sanasa Development is very steady. Sanasa Development Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanasa Development Bank, which you can use to evaluate the volatility of the company. Please validate Sanasa Development's Semi Deviation of 1.02, risk adjusted performance of 0.0928, and Coefficient Of Variation of 820.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Sanasa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1164

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Estimated Market Risk

 1.43
  actual daily
12
88% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Sanasa Development is performing at about 9% 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 Sanasa Development by adding it to a well-diversified portfolio.

Sanasa Development Stock Price History Chart

There are several ways to analyze Sanasa Stock price data. The simplest method is using a basic Sanasa candlestick price chart, which shows Sanasa Development price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 18, 202434.3
Lowest PriceSeptember 10, 202429.3

Sanasa Development December 12, 2024 Stock Price Synopsis

Various analyses of Sanasa Development's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Sanasa Stock. It can be used to describe the percentage change in the price of Sanasa Development from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Sanasa Stock.
Sanasa Development Price Rate Of Daily Change 0.99 
Sanasa Development Price Daily Balance Of Power(1.00)
Sanasa Development Price Action Indicator(0.10)

Sanasa Development December 12, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Sanasa Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Sanasa Development intraday prices and daily technical indicators to check the level of noise trading in Sanasa Stock and then apply it to test your longer-term investment strategies against Sanasa.

Sanasa Stock Price History Data

The price series of Sanasa Development for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 5.0 with a coefficient of variation of 4.54. The price distribution for the period has arithmetic mean of 31.77. The median price for the last 90 days is 31.9.
OpenHighLowCloseVolume
12/12/2024
 32.80  33.00  32.80  32.90 
12/10/2024 32.80  33.00  32.80  32.90  32,783 
12/09/2024 32.80  33.20  32.80  33.10  192,399 
12/06/2024 33.00  33.50  32.90  32.90  58,960 
12/05/2024 32.80  33.50  32.80  33.00  529,600 
12/04/2024 33.90  34.00  32.90  33.20  53,992 
12/03/2024 33.40  33.80  32.80  32.80  5,939 
12/02/2024 32.80  33.50  32.80  33.40  804.00 
11/29/2024 33.00  33.20  33.00  33.00  10,625 
11/28/2024 33.00  33.30  32.90  33.00  2,444 
11/27/2024 32.70  33.60  32.20  33.40  1,564 
11/26/2024 33.40  33.40  32.20  33.00  70,833 
11/25/2024 34.00  34.00  32.90  33.00  26,864 
11/22/2024 32.10  33.60  32.10  33.00  41,199 
11/21/2024 33.10  33.10  32.20  32.90  48,872 
11/20/2024 33.70  33.70  33.00  33.00  112,276 
11/19/2024 34.40  34.40  33.00  33.10  827,547 
11/18/2024 34.70  35.20  33.70  34.30  31,760 
11/14/2024 33.50  34.50  33.50  33.80  24,109 
11/13/2024 33.50  34.30  33.50  33.80  19,088 
11/12/2024 33.50  33.50  32.80  33.10  1,533 
11/11/2024 33.30  33.50  32.70  33.30  12,751 
11/08/2024 33.30  33.30  33.00  33.10  525,414 
11/07/2024 33.40  33.40  32.90  32.90  10,361 
11/06/2024 33.40  33.40  32.70  33.30  58,398 
11/05/2024 33.40  33.40  32.90  33.00  9,856 
11/04/2024 33.60  33.60  32.70  32.80  986.00 
11/01/2024 32.70  34.00  32.60  33.60  57,493 
10/30/2024 33.60  33.60  32.50  32.70  17,460 
10/29/2024 33.30  34.00  32.40  32.80  26,441 
10/28/2024 33.10  33.30  32.20  33.30  10,588 
10/25/2024 32.20  33.50  32.00  32.70  69,452 
10/24/2024 32.00  32.30  31.90  32.00  28,885 
10/23/2024 31.10  31.90  31.10  31.30  1,575 
10/22/2024 31.70  31.70  31.00  31.70  18,874 
10/21/2024 31.00  32.00  30.60  31.90  10,634 
10/18/2024 31.00  31.00  30.40  31.00  19,449 
10/16/2024 30.30  31.00  30.20  31.00  11,509 
10/15/2024 30.20  30.90  30.00  30.30  58,379 
10/14/2024 30.50  31.00  30.00  30.50  19,645 
10/11/2024 31.50  31.50  30.00  30.10  119,050 
10/10/2024 31.90  31.90  29.70  30.70  67,474 
10/09/2024 31.90  31.90  31.50  31.50  390.00 
10/08/2024 31.80  32.00  31.80  31.80  1,995 
10/07/2024 31.00  32.90  31.00  31.80  23,149 
10/04/2024 30.90  31.50  30.90  30.90  1,905 
10/03/2024 31.50  31.50  30.90  30.90  432.00 
10/02/2024 31.80  31.90  31.00  31.40  40.00 
10/01/2024 31.10  32.40  31.00  31.40  11,500 
09/30/2024 31.20  31.20  30.10  30.50  26,078 
09/27/2024 30.90  30.90  30.00  30.90  18,726 
09/26/2024 30.50  31.40  30.50  31.00  12,383 
09/25/2024 31.00  31.40  30.10  31.00  14,571 
09/24/2024 31.60  31.60  30.10  30.20  11,733 
09/23/2024 29.90  31.30  29.90  30.00  722.00 
09/20/2024 31.00  31.00  29.90  29.90  2,689 
09/19/2024 31.80  31.80  30.00  30.00  3,076 
09/18/2024 30.00  30.00  29.70  29.90  2,578 
09/13/2024 30.00  30.00  30.00  30.00  450.00 
09/12/2024 30.00  30.00  29.30  29.30  98.00 
09/10/2024 29.20  29.30  29.20  29.30  1.00 

About Sanasa Development Stock history

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

Sanasa Development Stock Technical Analysis

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

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Sanasa Development Technical and Predictive Indicators

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

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