PEOPLES LEASING (Sri Lanka) Price on October 1, 2024
| PLCN0000 | LKR 15.00 0.30 2.04% |
If you're considering investing in PEOPLES Stock, it is important to understand the factors that can impact its price. As of today, the current price of PEOPLES LEASING stands at 15.00, as last reported on the 14th of December 2024, with the highest price reaching 15.00 and the lowest price hitting 14.50 during the day. PEOPLES LEASING appears to be not too volatile, given 3 months investment horizon. PEOPLES LEASING FINANCE maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the firm had a 0.34% return per unit of volatility over the last 3 months. By inspecting PEOPLES LEASING's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate PEOPLES LEASING's semi deviation of 0.749, and Risk Adjusted Performance of 0.2197 to confirm if our risk estimates are consistent with your expectations.
PEOPLES Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PEOPLES |
Sharpe Ratio = 0.336
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average PEOPLES LEASING is performing at about 26% 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 PEOPLES LEASING by adding it to a well-diversified portfolio.
PEOPLES LEASING Valuation on October 1, 2024
It is possible to determine the worth of PEOPLES LEASING on a given historical date. On October 1, 2024 PEOPLES was worth 11.8 at the beginning of the trading date compared to the closed value of 12.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PEOPLES LEASING stock. Still, in general, we apply an absolute valuation method to find PEOPLES LEASING'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 PEOPLES LEASING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PEOPLES LEASING's related companies.
| Open | High | Low | Close | Volume | |
| 11.80 | 12.00 | 11.50 | 11.70 | 403,980 | |
10/01/2024 | 11.80 | 12.20 | 11.60 | 12.00 | 4,684,523 |
| 12.00 | 12.10 | 11.90 | 11.90 | 174,029 |
| Backtest PEOPLES LEASING | | | PEOPLES LEASING History | Previous | Next |
PEOPLES LEASING Trading Date Momentum on October 1, 2024
| On October 02 2024 PEOPLES LEASING FINANCE was traded for 11.90 at the closing time. The highest price during the trading period was 12.10 and the lowest recorded bid was listed for 11.90 . The volume for the day was 174 K. This history from October 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.83% . The trading delta at closing time to the current price is 0.83% . |
About PEOPLES LEASING Stock history
PEOPLES LEASING 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 PEOPLES is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PEOPLES LEASING 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 PEOPLES LEASING stock prices may prove useful in developing a viable investing in PEOPLES LEASING
PEOPLES LEASING Stock Technical Analysis
PEOPLES LEASING 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
PEOPLES LEASING Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
PEOPLES LEASING 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.
PEOPLES LEASING December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how PEOPLES LEASING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PEOPLES LEASING shares will generate the highest return on investment. By undertsting and applying PEOPLES LEASING stock market strength indicators, traders can identify PEOPLES LEASING FINANCE entry and exit signals to maximize returns
PEOPLES LEASING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PEOPLES LEASING's price direction in advance. Along with the technical and fundamental analysis of PEOPLES Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PEOPLES 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 | 0.2197 | |||
| Jensen Alpha | 0.5024 | |||
| Total Risk Alpha | 0.2704 | |||
| Sortino Ratio | 0.2782 | |||
| Treynor Ratio | (1.51) |
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| Volume Indicators |
Complementary Tools for PEOPLES Stock analysis
When running PEOPLES LEASING's price analysis, check to measure PEOPLES LEASING'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 PEOPLES LEASING is operating at the current time. Most of PEOPLES LEASING's value examination focuses on studying past and present price action to predict the probability of PEOPLES LEASING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEOPLES LEASING's price. Additionally, you may evaluate how the addition of PEOPLES LEASING to your portfolios can decrease your overall portfolio volatility.
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