IGI Life (Pakistan) Price on November 15, 2023
| IGIL Stock | 14.91 0.05 0.34% |
If you're considering investing in IGI Stock, it is important to understand the factors that can impact its price. As of today, the current price of IGI Life stands at 14.91, as last reported on the 9th of January, with the highest price reaching 15.25 and the lowest price hitting 14.55 during the day. IGI Life appears to be somewhat reliable, given 3 months investment horizon. IGI Life Insurance holds Efficiency (Sharpe) Ratio of 0.0877, which attests that the entity had a 0.0877% return per unit of risk over the last 3 months. We have found thirty technical indicators for IGI Life Insurance, which you can use to evaluate the volatility of the firm. Please utilize IGI Life's Semi Deviation of 2.69, risk adjusted performance of 0.0554, and Market Risk Adjusted Performance of (1.31) to validate if our risk estimates are consistent with your expectations.
IGI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IGI |
Sharpe Ratio = 0.0877
| Best Portfolio | Best Equity | |||
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| Small Returns | IGIL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average IGI Life is performing at about 6% 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 IGI Life by adding it to a well-diversified portfolio.
IGI Life Valuation on November 15, 2023
It is possible to determine the worth of IGI Life on a given historical date. On November 15, 2023 IGI was worth 10.0 at the beginning of the trading date compared to the closed value of 10.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IGI Life stock. Still, in general, we apply an absolute valuation method to find IGI Life'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 IGI Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IGI Life's related companies.
| Open | High | Low | Close | Volume | |
| 9.23 | 9.77 | 9.23 | 9.77 | 3,000 | |
11/15/2023 | 10.00 | 10.15 | 9.97 | 10.15 | 36,000 |
| 10.14 | 10.44 | 10.00 | 10.40 | 60,000 |
| Backtest IGI Life | | | IGI Life History | | | IGI Life Valuation | Previous | Next |
IGI Life Trading Date Momentum on November 15, 2023
| On November 16 2023 IGI Life Insurance was traded for 10.40 at the closing time. The highest price during the trading period was 10.44 and the lowest recorded bid was listed for 10.00 . The volume for the day was 60 K. This history from November 16, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.46% . The trading delta at closing time to the current price is 1.28% . |
About IGI Life Stock history
IGI Life 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 IGI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGI Life Insurance 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 IGI Life stock prices may prove useful in developing a viable investing in IGI Life
IGI Life Stock Technical Analysis
IGI Life 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
IGI Life Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
IGI Life Insurance 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.
IGI Life January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how IGI Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGI Life shares will generate the highest return on investment. By undertsting and applying IGI Life stock market strength indicators, traders can identify IGI Life Insurance entry and exit signals to maximize returns
IGI Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IGI Life's price direction in advance. Along with the technical and fundamental analysis of IGI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGI 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 | 0.0554 | |||
| Jensen Alpha | 0.1805 | |||
| Total Risk Alpha | 0.1094 | |||
| Sortino Ratio | 0.0406 | |||
| Treynor Ratio | (1.32) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for IGI Stock analysis
When running IGI Life's price analysis, check to measure IGI Life'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 IGI Life is operating at the current time. Most of IGI Life's value examination focuses on studying past and present price action to predict the probability of IGI Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGI Life's price. Additionally, you may evaluate how the addition of IGI Life to your portfolios can decrease your overall portfolio volatility.
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