Shadab Textile (Pakistan) Price on December 18, 2024
| SHDT Stock | 21.15 0.70 3.42% |
If you're considering investing in Shadab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shadab Textile stands at 21.15, as last reported on the 9th of January, with the highest price reaching 21.15 and the lowest price hitting 21.15 during the day. Shadab Textile appears to be not too volatile, given 3 months investment horizon. Shadab Textile Mills owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Shadab Textile's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review Shadab Textile's Risk Adjusted Performance of 0.1052, coefficient of variation of 819.52, and Semi Deviation of 2.89 to confirm if our risk estimates are consistent with your expectations.
Shadab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shadab |
Sharpe Ratio = 0.172
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shadab Textile is performing at about 13% 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 Shadab Textile by adding it to a well-diversified portfolio.
Shadab Textile Valuation on December 18, 2024
It is possible to determine the worth of Shadab Textile on a given historical date. On December 18, 2024 Shadab was worth 25.45 at the beginning of the trading date compared to the closed value of 22.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shadab Textile stock. Still, in general, we apply an absolute valuation method to find Shadab Textile'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 Shadab Textile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shadab Textile's related companies.
| Open | High | Low | Close | Volume | |
| 25.50 | 25.50 | 23.00 | 23.14 | 16,987 | |
12/18/2024 | 25.45 | 25.45 | 22.00 | 22.21 | 43,389 |
| 22.50 | 22.50 | 19.99 | 21.03 | 28,049 |
| Backtest Shadab Textile | | | Shadab Textile History | Previous | Next |
Shadab Textile Trading Date Momentum on December 18, 2024
| On December 19 2024 Shadab Textile Mills was traded for 21.03 at the closing time. The highest price during the trading period was 22.50 and the lowest recorded bid was listed for 19.99 . The volume for the day was 28 K. This history from December 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 5.31% . The trading price change to the current price is 0.95% . |
Price Boundaries
Shadab Textile Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Shadab Textile Mills 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.
Shadab Textile January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Shadab Textile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shadab Textile shares will generate the highest return on investment. By undertsting and applying Shadab Textile stock market strength indicators, traders can identify Shadab Textile Mills entry and exit signals to maximize returns
Shadab Textile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shadab Textile's price direction in advance. Along with the technical and fundamental analysis of Shadab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shadab 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 | 0.1052 | |||
| Jensen Alpha | 0.4582 | |||
| Total Risk Alpha | 0.3794 | |||
| Sortino Ratio | 0.1143 | |||
| Treynor Ratio | 1.2 |
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Complementary Tools for Shadab Stock analysis
When running Shadab Textile's price analysis, check to measure Shadab Textile'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 Shadab Textile is operating at the current time. Most of Shadab Textile's value examination focuses on studying past and present price action to predict the probability of Shadab Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shadab Textile's price. Additionally, you may evaluate how the addition of Shadab Textile to your portfolios can decrease your overall portfolio volatility.
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