Engro (Pakistan) Price on December 4, 2024

ENGRO Stock   377.81  2.26  0.59%   
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 stands at 377.81, as last reported on the 4th of December, with the highest price reaching 383.00 and the lowest price hitting 370.14 during the day. Engro appears to be very steady, given 3 months investment horizon. Engro secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Engro, which you can use to evaluate the volatility of the firm. Please utilize Engro's Coefficient Of Variation of 567.36, mean deviation of 1.26, and Downside Deviation of 1.34 to check if our risk estimates are consistent with your expectations.
  
Engro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1597

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Engro is performing at about 12% 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 by adding it to a well-diversified portfolio.

Engro Valuation on December 4, 2024

It is possible to determine the worth of Engro on a given historical date. On December 4, 2024 Engro was worth 381.01 at the beginning of the trading date compared to the closed value of 377.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Engro stock. Still, in general, we apply an absolute valuation method to find Engro'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 Engro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Engro's related companies.
 Open High Low Close Volume
  362.49    390.96    360.01    380.07    3,237,133  
12/04/2024
  381.01    383.00    370.14    377.81    1,090,966  
Backtest Engro  |  Engro History  |  Engro Valuation   Previous
Open Value
381.01
375.47
Downside
377.81
Closing Value
386.55
Upside

Engro Trading Date Momentum on December 4, 2024

On December 04 2024 Engro was traded for  377.81  at the closing time. The highest price during the trading period was 383.00  and the lowest recorded bid was listed for  370.14 . The volume for the day was 1.1 M. This history from December 4, 2024 did not affect price variability. The overall trading delta to the current price is 0.85% .

Engro Fundamentals Correlations and Trends

By evaluating Engro's 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's 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 Stock history

Engro 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 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 stock prices may prove useful in developing a viable investing in Engro

Engro Stock Technical Analysis

Engro 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.
A focus of Engro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Engro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Engro Period Price Range

Low
December 4, 2024
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High

 0.00 

     

 0.00 

Engro 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 December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Engro 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 shares will generate the highest return on investment. By undertsting and applying Engro stock market strength indicators, traders can identify Engro entry and exit signals to maximize returns

Engro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Engro's 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.

Other Information on Investing in Engro Stock

Engro 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 security.