Clover Pakistan (Pakistan) Price on May 15, 2024
| CLOV Stock | 44.47 0.74 1.64% |
If you're considering investing in Clover Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clover Pakistan stands at 44.47, as last reported on the 27th of December, with the highest price reaching 45.70 and the lowest price hitting 43.73 during the day. Clover Pakistan appears to be very steady, given 3 months investment horizon. Clover Pakistan secures Sharpe Ratio (or Efficiency) of 0.0665, which signifies that the company had a 0.0665% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Clover Pakistan, which you can use to evaluate the volatility of the firm. Please makes use of Clover Pakistan's Mean Deviation of 2.13, risk adjusted performance of 0.0639, and Downside Deviation of 2.66 to double-check if our risk estimates are consistent with your expectations.
Clover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clover |
Sharpe Ratio = 0.0665
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Clover Pakistan is performing at about 5% 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 Clover Pakistan by adding it to a well-diversified portfolio.
Clover Pakistan Valuation on May 15, 2024
It is possible to determine the worth of Clover Pakistan on a given historical date. On May 15, 2024 Clover was worth 49.6 at the beginning of the trading date compared to the closed value of 47.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clover Pakistan stock. Still, in general, we apply an absolute valuation method to find Clover Pakistan'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 Clover Pakistan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clover Pakistan's related companies.
| Open | High | Low | Close | Volume | |
| 49.00 | 51.50 | 48.75 | 49.50 | 1,287,500 | |
05/15/2024 | 49.60 | 49.90 | 47.00 | 47.94 | 901,500 |
| 48.10 | 48.90 | 47.00 | 48.01 | 294,500 |
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Clover Pakistan Trading Date Momentum on May 15, 2024
| On May 16 2024 Clover Pakistan was traded for 48.01 at the closing time. The highest price during the trading period was 48.90 and the lowest recorded bid was listed for 47.00 . The volume for the day was 294.5 K. This history from May 16, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.15% . The overall trading delta to the current price is 5.67% . |
About Clover Pakistan Stock history
Clover Pakistan 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 Clover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clover Pakistan 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 Clover Pakistan stock prices may prove useful in developing a viable investing in Clover Pakistan
Clover Pakistan Stock Technical Analysis
Clover Pakistan 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
Clover Pakistan Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Clover Pakistan 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.
Clover Pakistan December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Clover Pakistan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clover Pakistan shares will generate the highest return on investment. By undertsting and applying Clover Pakistan stock market strength indicators, traders can identify Clover Pakistan entry and exit signals to maximize returns
Clover Pakistan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clover Pakistan's price direction in advance. Along with the technical and fundamental analysis of Clover Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clover 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 | 0.0639 | |||
| Jensen Alpha | 0.2163 | |||
| Total Risk Alpha | 0.0425 | |||
| Sortino Ratio | 0.065 | |||
| Treynor Ratio | (50.27) |
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| Volume Indicators |
Complementary Tools for Clover Stock analysis
When running Clover Pakistan's price analysis, check to measure Clover Pakistan'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 Clover Pakistan is operating at the current time. Most of Clover Pakistan's value examination focuses on studying past and present price action to predict the probability of Clover Pakistan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Pakistan's price. Additionally, you may evaluate how the addition of Clover Pakistan to your portfolios can decrease your overall portfolio volatility.
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