Pakistan Aluminium (Pakistan) Price on October 31, 2024
| PABC Stock | 127.96 6.72 5.54% |
If you're considering investing in Pakistan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pakistan Aluminium stands at 127.96, as last reported on the 13th of December 2024, with the highest price reaching 131.00 and the lowest price hitting 119.01 during the day. Pakistan Aluminium appears to be very steady, given 3 months investment horizon. Pakistan Aluminium maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28% return per unit of risk over the last 3 months. By analyzing Pakistan Aluminium's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please evaluate Pakistan Aluminium's Risk Adjusted Performance of 0.2027, semi deviation of 0.699, and Coefficient Of Variation of 372.13 to confirm if our risk estimates are consistent with your expectations.
Pakistan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pakistan |
Sharpe Ratio = 0.2834
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Pakistan Aluminium is performing at about 22% 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 Pakistan Aluminium by adding it to a well-diversified portfolio.
Pakistan Aluminium Valuation on October 31, 2024
It is possible to determine the worth of Pakistan Aluminium on a given historical date. On October 31, 2024 Pakistan was worth 83.4 at the beginning of the trading date compared to the closed value of 80.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pakistan Aluminium stock. Still, in general, we apply an absolute valuation method to find Pakistan Aluminium'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 Pakistan Aluminium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pakistan Aluminium's related companies.
| Open | High | Low | Close | Volume | |
| 84.99 | 85.39 | 83.00 | 83.13 | 56,799 | |
10/31/2024 | 83.40 | 83.40 | 80.00 | 80.10 | 179,254 |
| 81.67 | 81.67 | 77.01 | 79.42 | 316,942 |
| Backtest Pakistan Aluminium | | | Pakistan Aluminium History | Previous | Next |
Pakistan Aluminium Trading Date Momentum on October 31, 2024
| On November 01 2024 Pakistan Aluminium Beverage was traded for 79.42 at the closing time. The highest price during the trading period was 81.67 and the lowest recorded bid was listed for 77.01 . The volume for the day was 316.9 K. This history from November 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the current price is 7.68% . |
Price Boundaries
Pakistan Aluminium Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Pakistan Aluminium Beverage 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.
Pakistan Aluminium December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Pakistan Aluminium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pakistan Aluminium shares will generate the highest return on investment. By undertsting and applying Pakistan Aluminium stock market strength indicators, traders can identify Pakistan Aluminium Beverage entry and exit signals to maximize returns
Pakistan Aluminium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pakistan Aluminium's price direction in advance. Along with the technical and fundamental analysis of Pakistan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pakistan 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 | 0.2027 | |||
| Jensen Alpha | 0.8065 | |||
| Total Risk Alpha | 0.3597 | |||
| Sortino Ratio | 0.48 | |||
| Treynor Ratio | (1.77) |
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| Volume Indicators |
Complementary Tools for Pakistan Stock analysis
When running Pakistan Aluminium's price analysis, check to measure Pakistan Aluminium'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 Pakistan Aluminium is operating at the current time. Most of Pakistan Aluminium's value examination focuses on studying past and present price action to predict the probability of Pakistan Aluminium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pakistan Aluminium's price. Additionally, you may evaluate how the addition of Pakistan Aluminium to your portfolios can decrease your overall portfolio volatility.
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