Pakistan Cables (Pakistan) Price on November 8, 2023
| PCAL Stock | 160.53 6.03 3.90% |
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 Cables stands at 160.53, as last reported on the 28th of December, with the highest price reaching 163.24 and the lowest price hitting 144.00 during the day. Pakistan Cables appears to be very steady, given 3 months investment horizon. Pakistan Cables maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pakistan Cables, which you can use to evaluate the volatility of the company. Please evaluate Pakistan Cables' Risk Adjusted Performance of 0.0938, coefficient of variation of 927.69, and Semi Deviation of 2.74 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 = 0.113
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Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Pakistan Cables is performing at about 8% 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 Cables by adding it to a well-diversified portfolio.
Pakistan Cables Valuation on November 8, 2023
It is possible to determine the worth of Pakistan Cables on a given historical date. On November 8, 2023 Pakistan was worth 92.32 at the beginning of the trading date compared to the closed value of 90.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pakistan Cables stock. Still, in general, we apply an absolute valuation method to find Pakistan Cables' 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 Cables where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pakistan Cables' related companies.
| Open | High | Low | Close | Volume | |
| 95.45 | 96.27 | 90.01 | 92.30 | 112,750 | |
11/08/2023 | 92.32 | 94.09 | 90.45 | 90.76 | 167,750 |
| 90.91 | 94.73 | 90.91 | 93.78 | 151,250 |
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Pakistan Cables Trading Date Momentum on November 8, 2023
| On November 10 2023 Pakistan Cables was traded for 93.78 at the closing time. The highest price during the trading period was 94.73 and the lowest recorded bid was listed for 90.91 . The volume for the day was 151.2 K. This history from November 10, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 3.33% . The trading delta at closing time to the current price is 10.16% . |
About Pakistan Cables Stock history
Pakistan Cables 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 Pakistan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pakistan Cables 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 Pakistan Cables stock prices may prove useful in developing a viable investing in Pakistan Cables
Pakistan Cables Stock Technical Analysis
Pakistan Cables 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
Pakistan Cables Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Pakistan Cables 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 Cables December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Pakistan Cables 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 Cables shares will generate the highest return on investment. By undertsting and applying Pakistan Cables stock market strength indicators, traders can identify Pakistan Cables entry and exit signals to maximize returns
Pakistan Cables Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pakistan Cables' 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 | 0.0938 | |||
| Jensen Alpha | 0.3788 | |||
| Total Risk Alpha | 0.2872 | |||
| Sortino Ratio | 0.116 | |||
| Treynor Ratio | 0.7316 |
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| Volume Indicators |
Complementary Tools for Pakistan Stock analysis
When running Pakistan Cables' price analysis, check to measure Pakistan Cables' 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 Cables is operating at the current time. Most of Pakistan Cables' value examination focuses on studying past and present price action to predict the probability of Pakistan Cables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pakistan Cables' price. Additionally, you may evaluate how the addition of Pakistan Cables to your portfolios can decrease your overall portfolio volatility.
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