Distilleries Company (Sri Lanka) Price on October 30, 2023
| DISTN0000 | LKR 35.10 0.10 0.29% |
If you're considering investing in Distilleries Stock, it is important to understand the factors that can impact its price. As of today, the current price of Distilleries Company stands at 35.10, as last reported on the 13th of December 2024, with the highest price reaching 35.40 and the lowest price hitting 34.90 during the day. Distilleries Company appears to be very steady, given 3 months investment horizon. Distilleries Company secures Sharpe Ratio (or Efficiency) of 0.39, which denotes the company had a 0.39% return per unit of risk over the last 3 months. By reviewing Distilleries Company's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Distilleries Company's Downside Deviation of 1.09, mean deviation of 1.01, and Coefficient Of Variation of 271.67 to check if our risk estimates are consistent with your expectations.
Distilleries Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Distilleries |
Sharpe Ratio = 0.3863
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.39 actual daily | 30 70% of assets perform better |
Based on monthly moving average Distilleries Company is performing at about 30% 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 Distilleries Company by adding it to a well-diversified portfolio.
Distilleries Company Valuation on October 30, 2023
It is possible to determine the worth of Distilleries Company on a given historical date. On October 30, 2023 Distilleries was worth 25.6 at the beginning of the trading date compared to the closed value of 26.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Distilleries Company stock. Still, in general, we apply an absolute valuation method to find Distilleries Company'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 Distilleries Company where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Distilleries Company's related companies.
| Open | High | Low | Close | Volume | |
| 25.50 | 25.90 | 25.20 | 25.70 | 42,560 | |
10/30/2023 | 25.60 | 26.20 | 25.60 | 26.00 | 251,071 |
| 26.00 | 26.00 | 25.50 | 25.90 | 122,135 |
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Distilleries Company Trading Date Momentum on October 30, 2023
| On October 31 2023 Distilleries Company of was traded for 25.90 at the closing time. The highest price during the trading period was 26.00 and the lowest recorded bid was listed for 25.50 . The volume for the day was 122.1 K. This history from October 31, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.38% . The overall trading delta to the current price is 7.31% . |
About Distilleries Company Stock history
Distilleries Company 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 Distilleries is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Distilleries Company 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 Distilleries Company stock prices may prove useful in developing a viable investing in Distilleries Company
Distilleries Company Stock Technical Analysis
Distilleries Company 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
Distilleries Company Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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Distilleries Company December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Distilleries Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Distilleries Company shares will generate the highest return on investment. By undertsting and applying Distilleries Company stock market strength indicators, traders can identify Distilleries Company of entry and exit signals to maximize returns
Distilleries Company Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Distilleries Company's price direction in advance. Along with the technical and fundamental analysis of Distilleries Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Distilleries 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 | 0.2721 | |||
| Jensen Alpha | 0.5225 | |||
| Total Risk Alpha | 0.3037 | |||
| Sortino Ratio | 0.3628 | |||
| Treynor Ratio | (1.95) |
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When running Distilleries Company's price analysis, check to measure Distilleries Company'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 Distilleries Company is operating at the current time. Most of Distilleries Company's value examination focuses on studying past and present price action to predict the probability of Distilleries Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distilleries Company's price. Additionally, you may evaluate how the addition of Distilleries Company to your portfolios can decrease your overall portfolio volatility.
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