JAIZ BANK (Nigeria) Price on September 27, 2024
| JAIZBANK | 2.40 0.02 0.84% |
If you're considering investing in JAIZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of JAIZ BANK stands at 2.40, as last reported on the 12th of December 2024, with the highest price reaching 2.40 and the lowest price hitting 2.39 during the day. As of now, JAIZ Stock is very risky. JAIZ BANK PLC holds Efficiency (Sharpe) Ratio of 0.0451, which attests that the company had a 0.0451% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for JAIZ BANK PLC, which you can use to evaluate the volatility of the entity. Please check out JAIZ BANK's downside deviation of 3.49, and Semi Deviation of 3.0 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
JAIZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JAIZ |
Sharpe Ratio = 0.0451
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average JAIZ BANK is performing at about 3% 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 JAIZ BANK by adding it to a well-diversified portfolio.
JAIZ BANK Valuation on September 27, 2024
It is possible to determine the worth of JAIZ BANK on a given historical date. On September 27, 2024 JAIZ was worth 2.48 at the beginning of the trading date compared to the closed value of 2.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JAIZ BANK stock. Still, in general, we apply an absolute valuation method to find JAIZ BANK'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 JAIZ BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JAIZ BANK's related companies.
| Open | High | Low | Close | Volume | |
| 2.45 | 2.60 | 2.45 | 2.48 | 12,248,588 | |
09/27/2024 | 2.48 | 2.71 | 2.45 | 2.49 | 4,421,894 |
| 2.49 | 2.65 | 2.49 | 2.65 | 14,900,697 |
| Backtest JAIZ BANK | | | JAIZ BANK History | Previous | Next |
JAIZ BANK Trading Date Momentum on September 27, 2024
| On September 30 2024 JAIZ BANK PLC was traded for 2.65 at the closing time. The highest price during the trading period was 2.65 and the lowest recorded bid was listed for 2.49 . The volume for the day was 14.9 M. This history from September 30, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 6.43% . The trading delta at closing time to the current price is 0.80% . |
Price Boundaries
JAIZ BANK Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
JAIZ BANK 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.
JAIZ BANK December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how JAIZ BANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JAIZ BANK shares will generate the highest return on investment. By undertsting and applying JAIZ BANK stock market strength indicators, traders can identify JAIZ BANK PLC entry and exit signals to maximize returns
JAIZ BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JAIZ BANK's price direction in advance. Along with the technical and fundamental analysis of JAIZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JAIZ 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.