Mughal Iron (Pakistan) Price on October 2, 2024
MUGHAL Stock | 71.20 2.07 2.83% |
If you're considering investing in Mughal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mughal Iron stands at 71.20, as last reported on the 4th of March, with the highest price reaching 73.75 and the lowest price hitting 70.40 during the day. Mughal Iron Steel has Sharpe Ratio of -0.0437, which conveys that the firm had a -0.0437 % return per unit of risk over the last 3 months. Mughal Iron exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mughal Iron's Mean Deviation of 1.92, downside deviation of 2.09, and Risk Adjusted Performance of 0.0384 to check out the risk estimate we provide.
Mughal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mughal |
Sharpe Ratio = -0.0437
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Estimated Market Risk
2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mughal Iron 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 Mughal Iron by adding Mughal Iron to a well-diversified portfolio.
Mughal Iron Valuation on October 2, 2024
It is possible to determine the worth of Mughal Iron on a given historical date. On October 2, 2024 Mughal was worth 79.01 at the beginning of the trading date compared to the closed value of 80.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mughal Iron stock. Still, in general, we apply an absolute valuation method to find Mughal Iron'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 Mughal Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mughal Iron's related companies.
Open | High | Low | Close | Volume | |
76.51 | 81.90 | 75.11 | 80.86 | 1,390,291 | |
10/02/2024 | 79.01 | 84.49 | 79.01 | 80.29 | 1,472,258 |
80.00 | 83.90 | 80.00 | 81.25 | 245,111 |
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Mughal Iron Trading Date Momentum on October 2, 2024
On October 03 2024 Mughal Iron Steel was traded for 81.25 at the closing time. The highest price during the trading period was 83.90 and the lowest recorded bid was listed for 80.00 . The volume for the day was 245.1 K. This history from October 3, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.20% . The trading delta at closing time to the current price is 2.60% . |
Mughal Iron Steel Fundamentals Correlations and Trends
By evaluating Mughal Iron'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 Mughal Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mughal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mughal Iron Stock history
Mughal Iron 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 Mughal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mughal Iron Steel 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 Mughal Iron stock prices may prove useful in developing a viable investing in Mughal Iron
Mughal Iron Stock Technical Analysis
Mughal Iron 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
Mughal Iron Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Mughal Iron Steel 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.
Mughal Iron March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Mughal Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mughal Iron shares will generate the highest return on investment. By undertsting and applying Mughal Iron stock market strength indicators, traders can identify Mughal Iron Steel entry and exit signals to maximize returns
Mughal Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mughal Iron's price direction in advance. Along with the technical and fundamental analysis of Mughal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mughal 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 | 0.0384 | |||
Jensen Alpha | 0.1292 | |||
Total Risk Alpha | 0.2985 | |||
Sortino Ratio | 0.0747 | |||
Treynor Ratio | 0.1712 |
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Complementary Tools for Mughal Stock analysis
When running Mughal Iron's price analysis, check to measure Mughal Iron'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 Mughal Iron is operating at the current time. Most of Mughal Iron's value examination focuses on studying past and present price action to predict the probability of Mughal Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mughal Iron's price. Additionally, you may evaluate how the addition of Mughal Iron to your portfolios can decrease your overall portfolio volatility.
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