Metropolitan Steel (Pakistan) Price on December 12, 2024
| MSCL Stock | 11.79 0.50 4.07% |
If you're considering investing in Metropolitan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metropolitan Steel stands at 11.79, as last reported on the 5th of January, with the highest price reaching 12.45 and the lowest price hitting 11.60 during the day. At this point, Metropolitan Steel is somewhat reliable. Metropolitan Steel Corp has Sharpe Ratio of 0.0077, which conveys that the firm had a 0.0077% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Metropolitan Steel, which you can use to evaluate the volatility of the firm. Please verify Metropolitan Steel's Risk Adjusted Performance of 0.0056, standard deviation of 4.29, and Mean Deviation of 2.91 to check out if the risk estimate we provide is consistent with the expected return of 0.0332%.
Metropolitan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metropolitan |
Sharpe Ratio = 0.0077
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| Negative Returns | MSCL |
Estimated Market Risk
| 4.34 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metropolitan Steel is not performing at its full potential. However, 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 Metropolitan Steel by adding Metropolitan Steel to a well-diversified portfolio.
Metropolitan Steel Valuation on December 12, 2024
It is possible to determine the worth of Metropolitan Steel on a given historical date. On December 12, 2024 Metropolitan was worth 11.6 at the beginning of the trading date compared to the closed value of 11.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metropolitan Steel stock. Still, in general, we apply an absolute valuation method to find Metropolitan Steel'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 Metropolitan Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metropolitan Steel's related companies.
| Open | High | Low | Close | Volume | |
| 10.82 | 11.62 | 10.82 | 11.29 | 264,717 | |
12/12/2024 | 11.60 | 11.70 | 11.05 | 11.47 | 153,886 |
| 11.55 | 11.55 | 11.01 | 11.33 | 105,816 |
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Metropolitan Steel Trading Date Momentum on December 12, 2024
| On December 13 2024 Metropolitan Steel Corp was traded for 11.33 at the closing time. The highest price during the trading period was 11.55 and the lowest recorded bid was listed for 11.01 . The volume for the day was 105.8 K. This history from December 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.22% . The trading delta at closing time to the current price is 7.06% . |
About Metropolitan Steel Stock history
Metropolitan Steel 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 Metropolitan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metropolitan Steel Corp 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 Metropolitan Steel stock prices may prove useful in developing a viable investing in Metropolitan Steel
Metropolitan Steel Stock Technical Analysis
Metropolitan Steel 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
Metropolitan Steel Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Metropolitan Steel Corp 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.
Metropolitan Steel January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Metropolitan Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metropolitan Steel shares will generate the highest return on investment. By undertsting and applying Metropolitan Steel stock market strength indicators, traders can identify Metropolitan Steel Corp entry and exit signals to maximize returns
Metropolitan Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metropolitan Steel's price direction in advance. Along with the technical and fundamental analysis of Metropolitan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metropolitan 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 | 0.0056 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.25) |
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| Volume Indicators |
Complementary Tools for Metropolitan Stock analysis
When running Metropolitan Steel's price analysis, check to measure Metropolitan Steel'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 Metropolitan Steel is operating at the current time. Most of Metropolitan Steel's value examination focuses on studying past and present price action to predict the probability of Metropolitan Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metropolitan Steel's price. Additionally, you may evaluate how the addition of Metropolitan Steel to your portfolios can decrease your overall portfolio volatility.
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