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.
COMMERCIAL |
Sharpe Ratio = 0.4104
Best Portfolio | Best Equity | |||
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Small Returns | COMBX0000 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Price | December 12, 2024 | 101.75 |
Lowest Price | September 18, 2024 | 70.5 |
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
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.Open | High | Low | Close | Volume | ||
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.
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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.
Risk Adjusted Performance | 0.2782 | |||
Jensen Alpha | 0.5823 | |||
Total Risk Alpha | 0.3769 | |||
Sortino Ratio | 0.4915 | |||
Treynor Ratio | (3.47) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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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