Engro Fertilizers (Pakistan) Price on June 20, 2024
| EFERT Stock | 199.29 2.17 1.08% |
If you're considering investing in Engro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Engro Fertilizers stands at 199.29, as last reported on the 27th of December, with the highest price reaching 202.00 and the lowest price hitting 197.01 during the day. As of now, Engro Stock is very steady. Engro Fertilizers secures Sharpe Ratio (or Efficiency) of 0.0575, which denotes the company had a 0.0575% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Engro Fertilizers, which you can use to evaluate the volatility of the firm. Please confirm Engro Fertilizers' Coefficient Of Variation of 1593.22, mean deviation of 1.46, and Downside Deviation of 1.72 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Engro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Engro |
Sharpe Ratio = 0.0575
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Engro Fertilizers is performing at about 4% 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 Engro Fertilizers by adding it to a well-diversified portfolio.
Engro Fertilizers Valuation on June 20, 2024
It is possible to determine the worth of Engro Fertilizers on a given historical date. On June 20, 2024 Engro was worth 161.06 at the beginning of the trading date compared to the closed value of 163.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Engro Fertilizers stock. Still, in general, we apply an absolute valuation method to find Engro Fertilizers' 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 Engro Fertilizers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Engro Fertilizers' related companies.
| Open | High | Low | Close | Volume | |
| 161.05 | 162.22 | 160.08 | 160.54 | 902,250 | |
06/20/2024 | 161.06 | 165.52 | 160.63 | 163.23 | 1,938,785 |
| 163.48 | 166.36 | 158.12 | 159.24 | 1,332,631 |
| Backtest Engro Fertilizers | | | Engro Fertilizers History | | | Engro Fertilizers Valuation | Previous | Next |
Engro Fertilizers Trading Date Momentum on June 20, 2024
| On June 21 2024 Engro Fertilizers was traded for 159.24 at the closing time. The highest price during the trading period was 166.36 and the lowest recorded bid was listed for 158.12 . The volume for the day was 1.3 M. This history from June 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.44% . The overall trading delta to the current price is 1.04% . |
Engro Fertilizers Fundamentals Correlations and Trends
By evaluating Engro Fertilizers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Engro Fertilizers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Engro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Engro Fertilizers Stock history
Engro Fertilizers 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 Engro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Engro Fertilizers 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 Engro Fertilizers stock prices may prove useful in developing a viable investing in Engro Fertilizers
Engro Fertilizers Stock Technical Analysis
Engro Fertilizers 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
Engro Fertilizers Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Engro Fertilizers 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.
Engro Fertilizers December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Engro Fertilizers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Engro Fertilizers shares will generate the highest return on investment. By undertsting and applying Engro Fertilizers stock market strength indicators, traders can identify Engro Fertilizers entry and exit signals to maximize returns
Engro Fertilizers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Engro Fertilizers' price direction in advance. Along with the technical and fundamental analysis of Engro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Engro 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 | 0.0557 | |||
| Jensen Alpha | 0.1151 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.0392 | |||
| Treynor Ratio | (1.03) |
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Other Information on Investing in Engro Stock
Engro Fertilizers financial ratios help investors to determine whether Engro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Engro with respect to the benefits of owning Engro Fertilizers security.