Trans Asia (Sri Lanka) Price on October 24, 2023
| TRANN0000 | LKR 42.00 0.10 0.24% |
If you're considering investing in Trans Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trans Asia stands at 42.00, as last reported on the 16th of December 2024, with the highest price reaching 42.40 and the lowest price hitting 41.90 during the day. At this point, Trans Asia is very steady. Trans Asia Hotels owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0596, which indicates the firm had a 0.0596% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trans Asia Hotels, which you can use to evaluate the volatility of the company. Please validate Trans Asia's Semi Deviation of 1.73, coefficient of variation of 3577.83, and Risk Adjusted Performance of 0.0268 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Trans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trans |
Sharpe Ratio = 0.0596
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | TRANN0000 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Trans Asia is performing at about 4% 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 Trans Asia by adding it to a well-diversified portfolio.
Trans Asia Valuation on October 24, 2023
It is possible to determine the worth of Trans Asia on a given historical date. On October 24, 2023 Trans was worth 41.0 at the beginning of the trading date compared to the closed value of 40.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trans Asia stock. Still, in general, we apply an absolute valuation method to find Trans Asia'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 Trans Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trans Asia's related companies.
| Open | High | Low | Close | Volume | |
| 40.00 | 41.00 | 40.00 | 40.00 | 13,114 | |
10/24/2023 | 41.00 | 41.00 | 39.90 | 40.00 | 1,940 |
| 42.80 | 42.80 | 41.00 | 41.00 | 201.00 |
| Backtest Trans Asia | | | Trans Asia History | Previous | Next |
Trans Asia Trading Date Momentum on October 24, 2023
| On October 25 2023 Trans Asia Hotels was traded for 41.00 at the closing time. The highest price during the trading period was 42.80 and the lowest recorded bid was listed for 41.00 . The volume for the day was 201. This history from October 25, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 2.50% . The trading price change to the current price is 6.00% . |
About Trans Asia Stock history
Trans Asia 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 Trans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trans Asia Hotels 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 Trans Asia stock prices may prove useful in developing a viable investing in Trans Asia
Trans Asia Stock Technical Analysis
Trans Asia 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
Trans Asia Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Trans Asia Hotels 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.
Trans Asia December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Trans Asia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trans Asia shares will generate the highest return on investment. By undertsting and applying Trans Asia stock market strength indicators, traders can identify Trans Asia Hotels entry and exit signals to maximize returns
Trans Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trans Asia's price direction in advance. Along with the technical and fundamental analysis of Trans Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trans 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 | 0.0268 | |||
| Jensen Alpha | 0.0825 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.12) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Trans Stock analysis
When running Trans Asia's price analysis, check to measure Trans Asia'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 Trans Asia is operating at the current time. Most of Trans Asia's value examination focuses on studying past and present price action to predict the probability of Trans Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trans Asia's price. Additionally, you may evaluate how the addition of Trans Asia to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |