Commercial Credit (Sri Lanka) Price History

COCRN0000  LKR 47.40  0.90  1.94%   
If you're considering investing in Commercial Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commercial Credit stands at 47.40, as last reported on the 14th of December 2024, with the highest price reaching 48.50 and the lowest price hitting 46.50 during the day. Commercial Credit appears to be very steady, given 3 months investment horizon. Commercial Credit secures Sharpe Ratio (or Efficiency) of 0.35, which signifies that the company had a 0.35% return per unit of risk over the last 3 months. By analyzing Commercial Credit's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of Commercial Credit's Risk Adjusted Performance of 0.2411, downside deviation of 1.7, and Mean Deviation of 1.57 to double-check if our risk estimates are consistent with your expectations.
  
Commercial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3503

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Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 0.69
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.35
  actual daily
27
73% of assets perform better
Based on monthly moving average Commercial Credit is performing at about 27% 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 Commercial Credit by adding it to a well-diversified portfolio.

Commercial Credit Stock Price History Chart

There are several ways to analyze Commercial Stock price data. The simplest method is using a basic Commercial candlestick price chart, which shows Commercial Credit price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 12, 202447.4
Lowest PriceSeptember 13, 202430.8

Commercial Credit December 14, 2024 Stock Price Synopsis

Various analyses of Commercial Credit's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Commercial Stock. It can be used to describe the percentage change in the price of Commercial Credit from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Commercial Stock.
Commercial Credit Price Action Indicator 0.35 
Commercial Credit Price Daily Balance Of Power 0.45 
Commercial Credit Price Rate Of Daily Change 1.02 

Commercial Credit December 14, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Commercial Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Commercial Credit intraday prices and daily technical indicators to check the level of noise trading in Commercial Stock and then apply it to test your longer-term investment strategies against Commercial.

Commercial Stock Price History Data

The price series of Commercial Credit for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 has a statistical range of 17.6 with a coefficient of variation of 13.5. The prices are distributed with arithmetic mean of 39.34. The median price for the last 90 days is 39.7.
OpenHighLowCloseVolume
12/14/2024
 46.80  48.50  46.50  47.40 
12/12/2024 46.80  48.50  46.50  47.40  1,165,397 
12/11/2024 45.30  47.20  45.30  46.50  688,929 
12/10/2024 45.80  46.50  44.90  45.50  432,015 
12/09/2024 46.10  46.50  45.60  46.00  359,865 
12/06/2024 46.30  46.60  45.70  45.80  124,396 
12/05/2024 46.90  47.00  46.00  46.30  808,593 
12/04/2024 45.50  47.40  45.50  46.60  1,021,703 
12/03/2024 44.60  45.50  44.60  45.30  122,129 
12/02/2024 45.50  45.50  44.60  44.70  159,752 
11/29/2024 45.40  45.60  44.80  45.30  206,485 
11/28/2024 45.00  45.70  45.00  45.20  110,471 
11/27/2024 45.70  45.70  44.20  45.10  228,885 
11/26/2024 44.50  46.00  44.40  45.10  110,936 
11/25/2024 46.00  46.30  44.50  44.60  272,964 
11/22/2024 44.50  46.50  44.50  46.00  456,416 
11/21/2024 44.50  44.80  43.90  44.30  862,627 
11/20/2024 44.00  44.80  44.00  44.20  894,483 
11/19/2024 44.90  44.90  43.50  44.40  532,690 
11/18/2024 45.00  46.00  44.50  44.70  796,169 
11/14/2024 44.30  44.50  43.60  44.00  304,327 
11/13/2024 43.90  44.50  43.70  44.40  774,078 
11/12/2024 42.40  44.20  42.40  43.90  2,515,277 
11/11/2024 42.10  42.10  41.50  41.90  282,022 
11/08/2024 42.20  42.20  41.50  41.60  262,880 
11/07/2024 41.40  42.30  41.40  42.10  414,836 
11/06/2024 42.30  42.30  41.00  41.60  1,022,275 
11/05/2024 42.50  42.80  41.20  42.30  168,370 
11/04/2024 42.50  43.00  41.50  42.00  853,738 
11/01/2024 40.20  43.30  40.20  42.50  1,742,492 
10/30/2024 39.80  41.30  39.80  40.60  2,656,926 
10/29/2024 39.80  39.90  39.40  39.70  402,411 
10/28/2024 40.00  40.50  39.50  39.70  325,904 
10/25/2024 40.00  40.10  39.60  39.80  374,574 
10/24/2024 39.30  40.20  38.80  39.80  1,102,838 
10/23/2024 38.50  39.50  38.30  38.70  245,741 
10/22/2024 38.60  39.40  38.10  38.40  173,824 
10/21/2024 39.20  39.40  38.70  38.70  223,355 
10/18/2024 39.00  39.90  38.70  39.40  743,567 
10/16/2024 37.20  39.00  37.20  38.90  1,062,592 
10/15/2024 36.90  37.20  36.30  37.00  212,019 
10/14/2024 36.50  37.00  36.00  36.40  111,488 
10/11/2024 36.50  37.10  36.10  36.50  53,445 
10/10/2024 37.00  37.00  35.80  36.00  120,288 
10/09/2024 37.50  37.50  36.30  36.40  74,593 
10/08/2024 37.50  37.80  36.50  37.00  129,583 
10/07/2024 36.70  38.20  36.70  37.30  331,774 
10/04/2024 36.90  37.30  36.50  37.00  319,057 
10/03/2024 35.50  37.10  35.00  36.30  2,514,945 
10/02/2024 35.90  35.90  35.00  35.30  141,876 
10/01/2024 35.80  36.40  35.00  36.00  614,737 
09/30/2024 35.60  36.30  35.00  35.10  228,286 
09/27/2024 33.40  35.80  33.20  35.50  314,045 
09/26/2024 34.00  35.00  33.00  33.20  208,473 
09/25/2024 33.60  34.00  33.40  34.00  274,975 
09/24/2024 32.80  33.50  32.60  33.10  371,584 
09/23/2024 31.90  32.80  31.10  32.00  218,680 
09/20/2024 31.90  31.90  31.60  31.90  96,161 
09/19/2024 32.00  32.00  31.60  31.80  202,484 
09/18/2024 31.50  32.00  31.10  31.70  68,438 
09/13/2024 30.60  31.00  30.50  30.80  107,395 

About Commercial Credit Stock history

Commercial Credit 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 Commercial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commercial Credit 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 Commercial Credit stock prices may prove useful in developing a viable investing in Commercial Credit

Commercial Credit Stock Technical Analysis

Commercial Credit 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.
A focus of Commercial Credit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Commercial Credit trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Commercial Credit Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Commercial Credit's price direction in advance. Along with the technical and fundamental analysis of Commercial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commercial 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.

Complementary Tools for Commercial Stock analysis

When running Commercial Credit's price analysis, check to measure Commercial Credit'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 Commercial Credit is operating at the current time. Most of Commercial Credit's value examination focuses on studying past and present price action to predict the probability of Commercial Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Credit's price. Additionally, you may evaluate how the addition of Commercial Credit to your portfolios can decrease your overall portfolio volatility.
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