IKEJA HOTELS (Nigeria) Price on December 6, 2024
| IKEJAHOTEL | 8.80 0.80 10.00% |
If you're considering investing in IKEJA Stock, it is important to understand the factors that can impact its price. As of today, the current price of IKEJA HOTELS stands at 8.80, as last reported on the 14th of December 2024, with the highest price reaching 8.80 and the lowest price hitting 8.00 during the day. IKEJA HOTELS appears to be somewhat reliable, given 3 months investment horizon. IKEJA HOTELS PLC holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of return volatility over the last 3 months. We have found twenty-two technical indicators for IKEJA HOTELS PLC, which you can use to evaluate the volatility of the firm. Please utilize IKEJA HOTELS's Market Risk Adjusted Performance of (1.44), risk adjusted performance of 0.1056, and Coefficient Of Variation of 738.83 to validate if our risk estimates are consistent with your expectations.
IKEJA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IKEJA |
Sharpe Ratio = 0.1385
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average IKEJA HOTELS is performing at about 10% 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 IKEJA HOTELS by adding it to a well-diversified portfolio.
IKEJA HOTELS Valuation on December 6, 2024
It is possible to determine the worth of IKEJA HOTELS on a given historical date. On December 6, 2024 IKEJA was worth 8.0 at the beginning of the trading date compared to the closed value of 8.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IKEJA HOTELS stock. Still, in general, we apply an absolute valuation method to find IKEJA HOTELS'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 IKEJA HOTELS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IKEJA HOTELS's related companies.
| Open | High | Low | Close | Volume | |
| 8.00 | 8.00 | 8.00 | 8.00 | 190,598 | |
12/06/2024 | 8.00 | 8.00 | 8.00 | 8.00 | 80,400 |
| 8.00 | 8.00 | 8.00 | 8.00 | 126,186 |
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IKEJA HOTELS Trading Date Momentum on December 6, 2024
| On December 09 2024 IKEJA HOTELS PLC was traded for 8.00 at the closing time. The highest price during the trading period was 8.00 and the lowest recorded bid was listed for 8.00 . The volume for the day was 126.2 K. This history from December 9, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
IKEJA HOTELS Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
IKEJA HOTELS PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
IKEJA HOTELS December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how IKEJA HOTELS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IKEJA HOTELS shares will generate the highest return on investment. By undertsting and applying IKEJA HOTELS stock market strength indicators, traders can identify IKEJA HOTELS PLC entry and exit signals to maximize returns
IKEJA HOTELS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IKEJA HOTELS's price direction in advance. Along with the technical and fundamental analysis of IKEJA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IKEJA 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.