Sanasa Development (Sri Lanka) Buy Hold or Sell Recommendation
| SDBN0000 | LKR 33.00 0.10 0.30% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Sanasa Development Bank is 'Strong Sell'. Macroaxis provides Sanasa Development buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SDBN0000 positions.
Check out Sanasa Development Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Sanasa and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Sanasa Development Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sanasa |
Execute Sanasa Development Buy or Sell Advice
The Sanasa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sanasa Development Bank. Macroaxis does not own or have any residual interests in Sanasa Development Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sanasa Development's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Sanasa Development thematic classifications
 | BanksAll money banks and credit services |
Sanasa Development Returns Distribution Density
The distribution of Sanasa Development's historical returns is an attempt to chart the uncertainty of Sanasa Development's future price movements. The chart of the probability distribution of Sanasa Development daily returns describes the distribution of returns around its average expected value. We use Sanasa Development Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sanasa Development returns is essential to provide solid investment advice for Sanasa Development.
| Mean Return | 0.16 | Value At Risk | -1.95 | Potential Upside | 2.75 | Standard Deviation | 1.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sanasa Development historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sanasa Development Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sanasa Development or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sanasa Development's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sanasa stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1.42 | |
Ir | Information ratio | 0.05 |
Sanasa Development Volatility Alert
Sanasa Development Bank has relatively low volatility with skewness of 0.14 and kurtosis of 0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sanasa Development's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sanasa Development's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sanasa Development Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sanasa . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Sanasa Development Buy or Sell Advice
When is the right time to buy or sell Sanasa Development Bank? Buying financial instruments such as Sanasa Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Run Communication Thematic Idea Now
Communication
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Other Information on Investing in Sanasa Stock
Sanasa Development financial ratios help investors to determine whether Sanasa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sanasa with respect to the benefits of owning Sanasa Development security.