SOVEREIGN TRUST (Nigeria) Price History

Stocks . Nigeria . 
Stock . SOVEREIGN TRUST INSURANCE
SOVRENINS   0.86  0.06  7.50%   
If you're considering investing in SOVEREIGN Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOVEREIGN TRUST stands at 0.86, as last reported on the 11th of December 2024, with the highest price reaching 0.86 and the lowest price hitting 0.80 during the day. SOVEREIGN TRUST appears to be abnormally volatile, given 3 months investment horizon. SOVEREIGN TRUST INSURANCE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of standard deviation over the last 3 months. By evaluating SOVEREIGN TRUST's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review SOVEREIGN TRUST's coefficient of variation of 1246.48, and Risk Adjusted Performance of 0.0664 to confirm if our risk estimates are consistent with your expectations.
  
SOVEREIGN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1292

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Estimated Market Risk

 4.75
  actual daily
42
58% of assets are more volatile

Expected Return

 0.61
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average SOVEREIGN TRUST is performing at about 10% 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 SOVEREIGN TRUST by adding it to a well-diversified portfolio.

SOVEREIGN TRUST Stock Price History Chart

There are several ways to analyze SOVEREIGN Stock price data. The simplest method is using a basic SOVEREIGN candlestick price chart, which shows SOVEREIGN TRUST 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 10, 20240.86
Lowest PriceSeptember 30, 20240.56

SOVEREIGN TRUST December 11, 2024 Stock Price Synopsis

Various analyses of SOVEREIGN TRUST's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell SOVEREIGN Stock. It can be used to describe the percentage change in the price of SOVEREIGN TRUST from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of SOVEREIGN Stock.
SOVEREIGN TRUST Accumulation Distribution 216,856 
SOVEREIGN TRUST Price Daily Balance Of Power 1.00 
SOVEREIGN TRUST Price Action Indicator 0.06 
SOVEREIGN TRUST Price Rate Of Daily Change 1.08 

SOVEREIGN TRUST December 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in SOVEREIGN 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 SOVEREIGN TRUST intraday prices and daily technical indicators to check the level of noise trading in SOVEREIGN Stock and then apply it to test your longer-term investment strategies against SOVEREIGN.

SOVEREIGN Stock Price History Data

OpenHighLowCloseVolume
12/10/2024 0.80  0.86  0.80  0.86  3,108,269 
12/09/2024 0.84  0.85  0.80  0.80  1,110,213 
12/06/2024 0.78  0.84  0.74  0.84  3,296,033 
12/05/2024 0.72  0.79  0.72  0.78  1,024,541 
12/04/2024 0.72  0.79  0.72  0.72  2,530,312 
12/03/2024 0.80  0.87  0.72  0.72  4,362,625 
12/02/2024 0.73  0.80  0.70  0.80  2,956,629 
11/29/2024 0.68  0.73  0.63  0.73  3,365,036 
11/28/2024 0.64  0.69  0.64  0.68  1,184,485 
11/27/2024 0.69  0.73  0.64  0.64  1,081,905 
11/26/2024 0.69  0.69  0.69  0.69  352,538 
11/25/2024 0.63  0.69  0.63  0.69  3,134,108 
11/22/2024 0.61  0.63  0.61  0.63  555,798 
11/21/2024 0.67  0.67  0.61  0.61  4,579,672 
11/20/2024 0.65  0.67  0.65  0.67  2,214,446 
11/19/2024 0.66  0.66  0.65  0.65  705,432 
11/18/2024 0.66  0.66  0.63  0.66  1,479,388 
11/15/2024 0.61  0.66  0.61  0.66  889,497 
11/14/2024 0.59  0.61  0.59  0.61  293,399 
11/13/2024 0.63  0.63  0.58  0.59  2,353,702 
11/12/2024 0.64  0.64  0.60  0.63  926,097 
11/11/2024 0.69  0.75  0.63  0.64  3,412,156 
11/08/2024 0.64  0.70  0.64  0.69  3,063,402 
11/07/2024 0.59  0.64  0.59  0.64  3,918,989 
11/06/2024 0.59  0.59  0.59  0.59  315,586 
11/05/2024 0.57  0.59  0.56  0.59  927,695 
11/04/2024 0.57  0.57  0.57  0.57  59,432,756 
11/01/2024 0.57  0.57  0.57  0.57  301,989 
10/31/2024 0.57  0.57  0.57  0.57  152,403 
10/30/2024 0.57  0.57  0.57  0.57  155,900 
10/29/2024 0.62  0.62  0.56  0.57  1,426,870 
10/28/2024 0.62  0.62  0.62  0.62  503,980 
10/25/2024 0.60  0.62  0.60  0.62  359,140 
10/24/2024 0.60  0.60  0.60  0.60  71,608 
10/23/2024 0.60  0.60  0.60  0.60  550,698 
10/22/2024 0.60  0.60  0.60  0.60  509,615 
10/21/2024 0.60  0.60  0.60  0.60  113,592 
10/18/2024 0.59  0.60  0.59  0.60  845,149 
10/17/2024 0.59  0.59  0.59  0.59  712,729 
10/16/2024 0.56  0.59  0.56  0.59  1,018,552 
10/15/2024 0.56  0.56  0.53  0.56  3,390,748 
10/14/2024 0.58  0.58  0.55  0.56  689,283 
10/11/2024 0.58  0.58  0.58  0.58  296,075 
10/10/2024 0.58  0.58  0.58  0.58  220,100 
10/09/2024 0.62  0.62  0.58  0.58  219,615 
10/08/2024 0.62  0.62  0.62  0.62  339,454 
10/07/2024 0.61  0.62  0.61  0.62  3,167,988 
10/04/2024 0.61  0.61  0.61  0.61  280,815 
10/03/2024 0.61  0.61  0.61  0.61  1,846,481 
10/02/2024 0.56  0.61  0.56  0.61  2,091,690 
09/30/2024 0.59  0.59  0.56  0.56  364,964 
09/27/2024 0.60  0.60  0.59  0.59  605,444 
09/26/2024 0.60  0.62  0.60  0.60  2,309,211 
09/25/2024 0.58  0.60  0.58  0.60  1,266,663 
09/24/2024 0.57  0.62  0.57  0.58  1,756,600 
09/23/2024 0.58  0.58  0.57  0.57  1,098,241 
09/20/2024 0.57  0.58  0.53  0.58  2,152,432 
09/19/2024 0.60  0.60  0.57  0.57  630,299 
09/18/2024 0.62  0.62  0.60  0.60  206,391 
09/17/2024 0.64  0.64  0.62  0.62  1,526,055 
09/13/2024 0.63  0.66  0.63  0.64  3,099,660 

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SOVEREIGN TRUST Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SOVEREIGN TRUST's price direction in advance. Along with the technical and fundamental analysis of SOVEREIGN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOVEREIGN 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 Performance0.0664
Jensen Alpha0.3945
Total Risk Alpha(0.38)
Sortino Ratio0.0449
Treynor Ratio(1.66)
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