Agritech (Pakistan) Price on October 18, 2024
| AGL Stock | 37.78 0.28 0.75% |
If you're considering investing in Agritech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Agritech stands at 37.78, as last reported on the 4th of January, with the highest price reaching 38.50 and the lowest price hitting 37.50 during the day. Agritech secures Sharpe Ratio (or Efficiency) of -0.0148, which signifies that the company had a -0.0148% return per unit of risk over the last 3 months. Agritech exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agritech's Risk Adjusted Performance of (0.01), mean deviation of 1.08, and Standard Deviation of 1.63 to double-check the risk estimate we provide.
Agritech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Agritech |
Sharpe Ratio = -0.0148
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| Negative Returns | AGL |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Agritech 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 Agritech by adding Agritech to a well-diversified portfolio.
Agritech Valuation on October 18, 2024
It is possible to determine the worth of Agritech on a given historical date. On October 18, 2024 Agritech was worth 38.01 at the beginning of the trading date compared to the closed value of 37.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Agritech stock. Still, in general, we apply an absolute valuation method to find Agritech'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 Agritech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Agritech's related companies.
| Open | High | Low | Close | Volume | |
| 38.00 | 38.80 | 37.02 | 38.01 | 874,100 | |
10/18/2024 | 38.01 | 38.98 | 37.62 | 37.98 | 273,622 |
| 37.99 | 38.50 | 36.83 | 38.07 | 7,338,233 |
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Agritech Trading Date Momentum on October 18, 2024
| On October 21 2024 Agritech was traded for 38.07 at the closing time. The highest price during the trading period was 38.50 and the lowest recorded bid was listed for 36.83 . The volume for the day was 7.3 M. This history from October 21, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 0.24% . The overall trading delta to the current price is 0.21% . |
About Agritech Stock history
Agritech 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 Agritech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Agritech 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 Agritech stock prices may prove useful in developing a viable investing in Agritech
Agritech Stock Technical Analysis
Agritech 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
Agritech Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Agritech 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.
Agritech January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Agritech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agritech shares will generate the highest return on investment. By undertsting and applying Agritech stock market strength indicators, traders can identify Agritech entry and exit signals to maximize returns
Agritech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Agritech's price direction in advance. Along with the technical and fundamental analysis of Agritech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Agritech 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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.09) |
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Additional Tools for Agritech Stock Analysis
When running Agritech's price analysis, check to measure Agritech'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 Agritech is operating at the current time. Most of Agritech's value examination focuses on studying past and present price action to predict the probability of Agritech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agritech's price. Additionally, you may evaluate how the addition of Agritech to your portfolios can decrease your overall portfolio volatility.