Engro Polymer (Pakistan) Price on May 27, 2024
| EPCL Stock | 39.91 0.39 0.97% |
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 Polymer stands at 39.91, as last reported on the 15th of December 2024, with the highest price reaching 40.40 and the lowest price hitting 39.45 during the day. Engro Polymer appears to be very steady, given 3 months investment horizon. Engro Polymer Chemicals secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Engro Polymer Chemicals, which you can use to evaluate the volatility of the firm. Please utilize Engro Polymer's Downside Deviation of 1.83, coefficient of variation of 1178.56, and Mean Deviation of 1.56 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.
Engro |
Sharpe Ratio = 0.1024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EPCL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Engro Polymer is performing at about 8% 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 Polymer by adding it to a well-diversified portfolio.
Engro Polymer Valuation on May 27, 2024
It is possible to determine the worth of Engro Polymer on a given historical date. On May 27, 2024 Engro was worth 43.65 at the beginning of the trading date compared to the closed value of 43.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Engro Polymer stock. Still, in general, we apply an absolute valuation method to find Engro Polymer'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 Polymer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Engro Polymer's related companies.
| Open | High | Low | Close | Volume | |
| 42.60 | 43.84 | 42.60 | 43.65 | 1,718,352 | |
05/27/2024 | 43.65 | 44.00 | 43.20 | 43.60 | 494,316 |
| 43.50 | 44.60 | 43.03 | 44.22 | 2,057,297 |
| Backtest Engro Polymer | | | Engro Polymer History | | | Engro Polymer Valuation | Previous | Next |
Engro Polymer Trading Date Momentum on May 27, 2024
| On May 29 2024 Engro Polymer Chemicals was traded for 44.22 at the closing time. The highest price during the trading period was 44.60 and the lowest recorded bid was listed for 43.03 . The volume for the day was 2.1 M. This history from May 29, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.42% . The overall trading delta to the current price is 0.23% . |
Engro Polymer Chemicals Fundamentals Correlations and Trends
By evaluating Engro Polymer'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 Polymer'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 Polymer Stock history
Engro Polymer 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 Polymer Chemicals 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 Polymer stock prices may prove useful in developing a viable investing in Engro Polymer
Engro Polymer Stock Technical Analysis
Engro Polymer 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 Polymer Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Engro Polymer Chemicals 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 Polymer December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Engro Polymer 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 Polymer shares will generate the highest return on investment. By undertsting and applying Engro Polymer stock market strength indicators, traders can identify Engro Polymer Chemicals entry and exit signals to maximize returns
Engro Polymer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Engro Polymer'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.
| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | 0.2694 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0549 | |||
| Treynor Ratio | (0.22) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Engro Stock analysis
When running Engro Polymer's price analysis, check to measure Engro Polymer'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 Engro Polymer is operating at the current time. Most of Engro Polymer's value examination focuses on studying past and present price action to predict the probability of Engro Polymer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Engro Polymer's price. Additionally, you may evaluate how the addition of Engro Polymer to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |