HNB Finance (Sri Lanka) Price on December 17, 2024
| HNBFN0000 | 4.80 0.10 2.13% |
If you're considering investing in HNB Stock, it is important to understand the factors that can impact its price. As of today, the current price of HNB Finance stands at 4.80, as last reported on the 25th of December, with the highest price reaching 4.90 and the lowest price hitting 4.70 during the day. HNB Finance retains Efficiency (Sharpe Ratio) of -0.0108, which attests that the entity had a -0.0108% return per unit of return volatility over the last 3 months. HNB Finance exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HNB Finance's Market Risk Adjusted Performance of (0.03), downside deviation of 6.15, and Semi Deviation of 4.56 to validate the risk estimate we provide.
HNB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HNB |
Sharpe Ratio = -0.0108
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| Negative Returns | HNBFN0000 |
Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HNB Finance is not performing at its full potential. However, 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 HNB Finance by adding HNB Finance to a well-diversified portfolio.
HNB Finance Valuation on December 17, 2024
It is possible to determine the worth of HNB Finance on a given historical date. On December 17, 2024 HNB was worth 4.8 at the beginning of the trading date compared to the closed value of 4.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HNB Finance stock. Still, in general, we apply an absolute valuation method to find HNB Finance'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 HNB Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HNB Finance's related companies.
| Open | High | Low | Close | Volume | |
| 4.30 | 4.90 | 4.30 | 4.80 | 22,488,340 | |
12/17/2024 | 4.80 | 5.00 | 4.60 | 4.80 | 17,231,221 |
| 4.80 | 5.00 | 4.70 | 4.90 | 3,440,373 |
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HNB Finance Trading Date Momentum on December 17, 2024
| On December 18 2024 HNB Finance was traded for 4.90 at the closing time. The highest price during the trading period was 5.00 and the lowest recorded bid was listed for 4.70 . The volume for the day was 3.4 M. This history from December 18, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.08% . The trading delta at closing time to the current price is 2.08% . |
About HNB Finance Stock history
HNB Finance 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 HNB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HNB Finance 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 HNB Finance stock prices may prove useful in developing a viable investing in HNB Finance
HNB Finance Stock Technical Analysis
HNB Finance 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
HNB Finance Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
HNB Finance 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.
HNB Finance December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how HNB Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HNB Finance shares will generate the highest return on investment. By undertsting and applying HNB Finance stock market strength indicators, traders can identify HNB Finance entry and exit signals to maximize returns
HNB Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HNB Finance's price direction in advance. Along with the technical and fundamental analysis of HNB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HNB 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 | 0.0162 | |||
| Jensen Alpha | 0.0614 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.000099) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Complementary Tools for HNB Stock analysis
When running HNB Finance's price analysis, check to measure HNB Finance'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 HNB Finance is operating at the current time. Most of HNB Finance's value examination focuses on studying past and present price action to predict the probability of HNB Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HNB Finance's price. Additionally, you may evaluate how the addition of HNB Finance to your portfolios can decrease your overall portfolio volatility.
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