Matco Foods (Pakistan) Price on June 3, 2024
| MFL Stock | 43.02 3.91 10.00% |
If you're considering investing in Matco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Matco Foods stands at 43.02, as last reported on the 13th of December 2024, with the highest price reaching 43.02 and the lowest price hitting 38.35 during the day. Matco Foods appears to be not too volatile, given 3 months investment horizon. Matco Foods has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Matco Foods' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please exercise Matco Foods' Downside Deviation of 2.91, mean deviation of 2.47, and Risk Adjusted Performance of 0.1979 to check out if our risk estimates are consistent with your expectations.
Matco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Matco |
Sharpe Ratio = 0.2619
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Matco Foods is performing at about 20% 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 Matco Foods by adding it to a well-diversified portfolio.
Matco Foods Valuation on June 3, 2024
It is possible to determine the worth of Matco Foods on a given historical date. On June 3, 2024 Matco was worth 26.3 at the beginning of the trading date compared to the closed value of 28.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matco Foods stock. Still, in general, we apply an absolute valuation method to find Matco Foods' 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 Matco Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matco Foods' related companies.
| Open | High | Low | Close | Volume | |
| 26.28 | 26.60 | 25.95 | 26.13 | 264,613 | |
06/03/2024 | 26.30 | 28.22 | 26.25 | 28.22 | 1,107,893 |
| 28.70 | 28.80 | 26.26 | 26.57 | 870,179 |
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Matco Foods Trading Date Momentum on June 3, 2024
| On June 04 2024 Matco Foods was traded for 26.57 at the closing time. The highest price during the trading period was 28.80 and the lowest recorded bid was listed for 26.26 . The volume for the day was 870.2 K. This history from June 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.85% . The trading delta at closing time to the current price is 7.87% . |
About Matco Foods Stock history
Matco Foods 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 Matco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matco Foods 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 Matco Foods stock prices may prove useful in developing a viable investing in Matco Foods
Matco Foods Stock Technical Analysis
Matco Foods 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
Matco Foods Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Matco Foods 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.
Matco Foods December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Matco Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matco Foods shares will generate the highest return on investment. By undertsting and applying Matco Foods stock market strength indicators, traders can identify Matco Foods entry and exit signals to maximize returns
Matco Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matco Foods' price direction in advance. Along with the technical and fundamental analysis of Matco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Matco 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 | 0.1979 | |||
| Jensen Alpha | 0.9892 | |||
| Total Risk Alpha | 0.4145 | |||
| Sortino Ratio | 0.2755 | |||
| Treynor Ratio | (1.09) |
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Additional Tools for Matco Stock Analysis
When running Matco Foods' price analysis, check to measure Matco Foods' 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 Matco Foods is operating at the current time. Most of Matco Foods' value examination focuses on studying past and present price action to predict the probability of Matco Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matco Foods' price. Additionally, you may evaluate how the addition of Matco Foods to your portfolios can decrease your overall portfolio volatility.