National Refinery (Pakistan) Price on November 19, 2024
| NRL Stock | 288.15 17.21 6.35% |
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National Refinery stands at 288.15, as last reported on the 13th of December 2024, with the highest price reaching 289.99 and the lowest price hitting 271.45 during the day. National Refinery appears to be very steady, given 3 months investment horizon. National Refinery has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing National Refinery's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise National Refinery's Risk Adjusted Performance of 0.1392, mean deviation of 2.07, and Downside Deviation of 2.22 to check out if our risk estimates are consistent with your expectations.
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
National |
Sharpe Ratio = 0.1903
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average National Refinery is performing at about 14% 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 National Refinery by adding it to a well-diversified portfolio.
National Refinery Valuation on November 19, 2024
It is possible to determine the worth of National Refinery on a given historical date. On November 19, 2024 National was worth 241.0 at the beginning of the trading date compared to the closed value of 241.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Refinery stock. Still, in general, we apply an absolute valuation method to find National Refinery'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 National Refinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Refinery's related companies.
| Open | High | Low | Close | Volume | |
| 243.58 | 245.00 | 240.00 | 240.76 | 954,412 | |
11/19/2024 | 241.00 | 246.70 | 239.10 | 241.65 | 1,507,985 |
| 242.00 | 243.50 | 234.00 | 234.79 | 885,828 |
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National Refinery Trading Date Momentum on November 19, 2024
| On November 20 2024 National Refinery was traded for 234.79 at the closing time. The highest price during the trading period was 243.50 and the lowest recorded bid was listed for 234.00 . The volume for the day was 885.8 K. This history from November 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.84% . The trading delta at closing time to the current price is 1.10% . |
National Refinery Fundamentals Correlations and Trends
By evaluating National Refinery'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 National Refinery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Refinery Stock history
National Refinery 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Refinery 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 National Refinery stock prices may prove useful in developing a viable investing in National Refinery
National Refinery Stock Technical Analysis
National Refinery 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
National Refinery Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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National Refinery December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how National Refinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Refinery shares will generate the highest return on investment. By undertsting and applying National Refinery stock market strength indicators, traders can identify National Refinery entry and exit signals to maximize returns
National Refinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Refinery's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | 0.1392 | |||
| Jensen Alpha | 0.4916 | |||
| Total Risk Alpha | 0.1062 | |||
| Sortino Ratio | 0.1798 | |||
| Treynor Ratio | 5.52 |
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Additional Tools for National Stock Analysis
When running National Refinery's price analysis, check to measure National Refinery'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 National Refinery is operating at the current time. Most of National Refinery's value examination focuses on studying past and present price action to predict the probability of National Refinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Refinery's price. Additionally, you may evaluate how the addition of National Refinery to your portfolios can decrease your overall portfolio volatility.