COMMERCIAL BANK (Sri Lanka) Price History

COMBX0000  LKR 101.75  3.95  4.04%   
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 BANK stands at 101.75, as last reported on the 14th of December 2024, with the highest price reaching 102.50 and the lowest price hitting 97.90 during the day. COMMERCIAL BANK appears to be very steady, given 3 months investment horizon. COMMERCIAL BANK secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the company had a 0.41% return per unit of risk over the last 3 months. By reviewing COMMERCIAL BANK's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of COMMERCIAL BANK's mean deviation of 1.22, and Risk Adjusted Performance of 0.2782 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 = 0.4104

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Estimated Market Risk

 1.52
  actual daily
13
87% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.41
  actual daily
32
68% of assets perform better
Based on monthly moving average COMMERCIAL BANK is performing at about 32% 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 BANK by adding it to a well-diversified portfolio.

COMMERCIAL BANK 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 BANK 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, 2024101.75
Lowest PriceSeptember 18, 202470.5

COMMERCIAL BANK December 14, 2024 Stock Price Synopsis

Various analyses of COMMERCIAL BANK'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 BANK 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 BANK Price Action Indicator 3.52 
COMMERCIAL BANK Price Rate Of Daily Change 1.04 
COMMERCIAL BANK Price Daily Balance Of Power 0.86 

COMMERCIAL BANK 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 BANK 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 BANK for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 has a statistical range of 33.85 with a coefficient of variation of 10.72. The prices are distributed with arithmetic mean of 86.46. The median price for the last 90 days is 88.5.
OpenHighLowCloseVolume
12/14/2024
 97.90  102.50  97.90  101.75 
12/12/2024 97.90  102.50  97.90  101.75  1,200,337 
12/11/2024 97.60  98.00  97.50  97.80  256,956 
12/10/2024 98.00  98.00  97.00  97.50  141,820 
12/09/2024 98.90  98.90  97.30  97.80  442,682 
12/06/2024 97.50  97.90  97.20  97.50  338,170 
12/05/2024 97.60  99.00  97.10  97.50  746,239 
12/04/2024 96.60  98.00  96.60  97.50  249,558 
12/03/2024 96.50  96.80  95.50  96.70  59,022 
12/02/2024 96.00  96.70  95.50  96.50  145,065 
11/29/2024 95.00  96.40  95.00  96.30  125,622 
11/28/2024 94.90  96.00  94.10  94.90  279,708 
11/27/2024 94.70  94.70  93.70  94.50  52,288 
11/26/2024 92.70  94.90  92.30  94.50  93,704 
11/25/2024 94.80  95.00  93.00  93.30  348,278 
11/22/2024 93.50  94.80  93.20  94.70  69,073 
11/21/2024 94.50  95.00  92.70  93.30  380,257 
11/20/2024 95.00  95.20  94.20  94.50  141,621 
11/19/2024 95.60  96.00  94.10  95.10  182,712 
11/18/2024 97.00  99.00  95.00  95.80  752,337 
11/14/2024 94.70  96.50  93.50  95.90  847,318 
11/13/2024 94.00  94.60  93.40  93.70  329,415 
11/12/2024 93.20  94.00  92.10  93.40  233,144 
11/11/2024 92.00  93.30  92.00  92.90  109,271 
11/08/2024 90.80  91.90  90.60  91.50  164,883 
11/07/2024 91.50  91.70  90.80  91.00  361,269 
11/06/2024 90.80  91.50  90.50  91.20  211,769 
11/05/2024 90.80  92.20  90.80  90.90  148,657 
11/04/2024 91.80  91.90  90.70  91.00  108,753 
11/01/2024 92.00  93.90  90.00  92.00  161,549 
10/30/2024 92.50  95.00  91.30  92.20  601,575 
10/29/2024 89.00  92.50  89.00  92.00  832,387 
10/28/2024 88.50  89.00  88.00  88.80  48,087 
10/25/2024 85.00  88.70  85.00  88.50  578,561 
10/24/2024 85.00  85.50  84.30  84.90  134,161 
10/23/2024 82.60  85.70  82.60  84.80  101,591 
10/22/2024 83.70  83.70  82.20  82.50  29,576 
10/21/2024 83.60  83.80  83.00  83.30  111,297 
10/18/2024 83.90  84.00  83.60  83.80  35,809 
10/16/2024 84.30  84.30  83.70  84.00  18,716 
10/15/2024 85.50  85.50  84.00  84.30  66,091 
10/14/2024 85.80  86.00  85.00  85.20  78,290 
10/11/2024 83.30  85.80  83.30  85.50  802,296 
10/10/2024 82.50  83.00  80.60  82.50  113,620 
10/09/2024 83.70  83.80  82.10  82.50  74,072 
10/08/2024 84.20  84.40  83.30  83.60  76,457 
10/07/2024 83.50  84.60  83.00  84.20  307,251 
10/04/2024 81.00  83.70  80.70  82.90  172,763 
10/03/2024 81.60  82.90  80.50  80.90  67,136 
10/02/2024 83.00  83.60  81.50  83.10  142,871 
10/01/2024 81.50  84.00  80.50  83.80  782,714 
09/30/2024 80.50  81.70  80.50  81.50  353,875 
09/27/2024 80.80  80.80  78.10  80.10  406,257 
09/26/2024 79.80  81.00  78.20  78.80  590,267 
09/25/2024 78.00  79.80  77.90  79.10  200,146 
09/24/2024 75.50  79.90  75.50  77.90  171,957 
09/23/2024 73.40  75.60  70.80  74.70  167,030 
09/20/2024 71.50  73.50  71.50  72.70  304,860 
09/19/2024 70.90  72.00  70.50  71.00  118,486 
09/18/2024 71.00  71.00  70.10  70.50  82,270 
09/13/2024 69.80  71.00  69.70  70.90  23,540 

About COMMERCIAL BANK Stock history

COMMERCIAL BANK 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 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 COMMERCIAL BANK stock prices may prove useful in developing a viable investing in COMMERCIAL BANK

COMMERCIAL BANK Stock Technical Analysis

COMMERCIAL BANK 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 BANK technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of COMMERCIAL BANK 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 BANK Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for COMMERCIAL BANK'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 BANK's price analysis, check to measure COMMERCIAL BANK'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 BANK is operating at the current time. Most of COMMERCIAL BANK's value examination focuses on studying past and present price action to predict the probability of COMMERCIAL BANK'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 BANK's price. Additionally, you may evaluate how the addition of COMMERCIAL BANK to your portfolios can decrease your overall portfolio volatility.
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