National Development (Sri Lanka) Price on October 5, 2023
| NDBN0000 | LKR 85.10 0.70 0.83% |
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National Development stands at 85.10, as last reported on the 15th of December 2024, with the highest price reaching 85.90 and the lowest price hitting 84.00 during the day. National Development appears to be very steady, given 3 months investment horizon. National Development Bank has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. We have found thirty technical indicators for National Development, which you can use to evaluate the volatility of the firm. Please exercise National Development's Risk Adjusted Performance of 0.1945, mean deviation of 1.28, and Downside Deviation of 1.54 to check out if our risk estimates are consistent with your expectations.
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
National |
Sharpe Ratio = 0.2698
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average National Development is performing at about 21% 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 National Development by adding it to a well-diversified portfolio.
National Development Valuation on October 5, 2023
It is possible to determine the worth of National Development on a given historical date. On October 5, 2023 National was worth 66.0 at the beginning of the trading date compared to the closed value of 66.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Development stock. Still, in general, we apply an absolute valuation method to find National Development'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 National Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Development's related companies.
| Open | High | Low | Close | Volume | |
| 64.40 | 66.00 | 63.70 | 64.90 | 336,609 | |
10/05/2023 | 66.00 | 67.50 | 65.50 | 66.10 | 45,888 |
| 65.40 | 66.90 | 64.30 | 64.40 | 15,822 |
| Backtest National Development | | | National Development History | Previous | Next |
National Development Trading Date Momentum on October 5, 2023
| On October 06 2023 National Development Bank was traded for 64.40 at the closing time. The highest price during the trading period was 66.90 and the lowest recorded bid was listed for 64.30 . The volume for the day was 15.8 K. This history from October 6, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.57% . The trading delta at closing time to the current price is 4.69% . |
About National Development Stock history
National Development 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Development Bank 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 National Development stock prices may prove useful in developing a viable investing in National Development
National Development Stock Technical Analysis
National Development 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
National Development Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
National Development Bank 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.
National Development December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how National Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Development shares will generate the highest return on investment. By undertsting and applying National Development stock market strength indicators, traders can identify National Development Bank entry and exit signals to maximize returns
National Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Development's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | 0.1945 | |||
| Jensen Alpha | 0.4338 | |||
| Total Risk Alpha | 0.2094 | |||
| Sortino Ratio | 0.2079 | |||
| Treynor Ratio | (1.52) |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for National Stock analysis
When running National Development's price analysis, check to measure National Development'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 National Development is operating at the current time. Most of National Development's value examination focuses on studying past and present price action to predict the probability of National Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Development's price. Additionally, you may evaluate how the addition of National Development to your portfolios can decrease your overall portfolio volatility.
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