GHANA MERCIAL (Ghana) Price on December 11, 2024
| GCB Stock | 6.35 0.05 0.79% |
If you're considering investing in GHANA Stock, it is important to understand the factors that can impact its price. As of today, the current price of GHANA MERCIAL stands at 6.35, as last reported on the 12th of December 2024, with the highest price reaching 6.35 and the lowest price hitting 6.30 during the day. At this point, GHANA MERCIAL is very steady. GHANA MERCIAL BANK retains Efficiency (Sharpe Ratio) of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for GHANA MERCIAL, which you can use to evaluate the volatility of the firm. Please check out GHANA MERCIAL's Variance of 0.1728, market risk adjusted performance of 1.91, and Coefficient Of Variation of 388.01 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
GHANA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GHANA |
Sharpe Ratio = 0.2619
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GCB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average GHANA MERCIAL is performing at about 20% 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 GHANA MERCIAL by adding it to a well-diversified portfolio.
GHANA MERCIAL Valuation on December 11, 2024
It is possible to determine the worth of GHANA MERCIAL on a given historical date. On December 11, 2024 GHANA was worth 6.3 at the beginning of the trading date compared to the closed value of 6.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GHANA MERCIAL stock. Still, in general, we apply an absolute valuation method to find GHANA MERCIAL'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 GHANA MERCIAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GHANA MERCIAL's related companies.
| Open | High | Low | Close | Volume | |
| 6.30 | 6.30 | 6.30 | 6.30 | 1.00 | |
12/11/2024 | 6.30 | 6.35 | 6.30 | 6.35 | 47,967 |
| 6.30 | 6.35 | 6.30 | 6.35 | 0.00 |
| Backtest GHANA MERCIAL | | | GHANA MERCIAL History | Previous | Next |
GHANA MERCIAL Trading Date Momentum on December 11, 2024
| On December 12 2024 GHANA MERCIAL BANK was traded for 6.35 at the closing time. The highest price during the trading period was 6.35 and the lowest recorded bid was listed for 6.30 . There was no trading activity during the period 0.0. Lack of trading volume on December 12, 2024 did not cause price change. The overall trading delta to the current price is 0.79% . |
Price Boundaries
GHANA MERCIAL Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
GHANA MERCIAL BANK cannot be verified against its exchange. Please verify the symbol is currently traded on Ghana 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.
GHANA MERCIAL December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how GHANA MERCIAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GHANA MERCIAL shares will generate the highest return on investment. By undertsting and applying GHANA MERCIAL stock market strength indicators, traders can identify GHANA MERCIAL BANK entry and exit signals to maximize returns
GHANA MERCIAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GHANA MERCIAL's price direction in advance. Along with the technical and fundamental analysis of GHANA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GHANA 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 | 0.1788 | |||
| Jensen Alpha | 0.0913 | |||
| Total Risk Alpha | 0.0313 | |||
| Treynor Ratio | 1.9 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for GHANA Stock analysis
When running GHANA MERCIAL's price analysis, check to measure GHANA MERCIAL'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 GHANA MERCIAL is operating at the current time. Most of GHANA MERCIAL's value examination focuses on studying past and present price action to predict the probability of GHANA MERCIAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GHANA MERCIAL's price. Additionally, you may evaluate how the addition of GHANA MERCIAL to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |