Artistic Denim (Pakistan) Price on April 26, 2023
ADMM Stock | 40.34 1.01 2.44% |
If you're considering investing in Artistic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Artistic Denim stands at 40.34, as last reported on the 27th of March, with the highest price reaching 41.10 and the lowest price hitting 40.02 during the day. Artistic Denim Mills secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15 % return per unit of risk over the last 3 months. Artistic Denim Mills exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Artistic Denim's Risk Adjusted Performance of (0.12), mean deviation of 1.17, and Standard Deviation of 1.52 to double-check the risk estimate we provide.
Artistic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Artistic |
Sharpe Ratio = -0.152
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Artistic Denim is not performing at its full potential. However, 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 Artistic Denim by adding Artistic Denim to a well-diversified portfolio.
Artistic Denim Valuation on April 26, 2023
It is possible to determine the worth of Artistic Denim on a given historical date. On April 26, 2023 Artistic was worth 53.37 at the beginning of the trading date compared to the closed value of 53.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Artistic Denim stock. Still, in general, we apply an absolute valuation method to find Artistic Denim'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 Artistic Denim where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Artistic Denim's related companies.
Open | High | Low | Close | Volume | |
52.29 | 54.47 | 52.29 | 53.38 | 1,500 | |
04/26/2023 | 53.37 | 54.52 | 51.83 | 53.70 | 12,000 |
51.88 | 53.63 | 51.88 | 53.63 | 3,000 |
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Artistic Denim Trading Date Momentum on April 26, 2023
On April 27 2023 Artistic Denim Mills was traded for 53.63 at the closing time. The highest price during the trading period was 53.63 and the lowest recorded bid was listed for 51.88 . The volume for the day was 3 K. This history from April 27, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.13% . The overall trading delta to the current price is 2.63% . |
About Artistic Denim Stock history
Artistic Denim 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 Artistic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Artistic Denim Mills 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 Artistic Denim stock prices may prove useful in developing a viable investing in Artistic Denim
Artistic Denim Stock Technical Analysis
Artistic Denim 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
Artistic Denim Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
Artistic Denim Mills cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi 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.
Artistic Denim March 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Artistic Denim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Artistic Denim shares will generate the highest return on investment. By undertsting and applying Artistic Denim stock market strength indicators, traders can identify Artistic Denim Mills entry and exit signals to maximize returns
Artistic Denim Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Artistic Denim's price direction in advance. Along with the technical and fundamental analysis of Artistic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Artistic 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 | (0.12) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (3.37) |
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Volume Indicators |
Complementary Tools for Artistic Stock analysis
When running Artistic Denim's price analysis, check to measure Artistic Denim'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 Artistic Denim is operating at the current time. Most of Artistic Denim's value examination focuses on studying past and present price action to predict the probability of Artistic Denim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artistic Denim's price. Additionally, you may evaluate how the addition of Artistic Denim to your portfolios can decrease your overall portfolio volatility.
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