Sindh Modaraba (Pakistan) Price on October 6, 2023
| SINDM Stock | 10.20 0.18 1.73% |
If you're considering investing in Sindh Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sindh Modaraba stands at 10.20, as last reported on the 16th of December 2024, with the highest price reaching 10.20 and the lowest price hitting 10.20 during the day. As of now, Sindh Stock is somewhat reliable. Sindh Modaraba Management owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0726, which indicates the firm had a 0.0726% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Sindh Modaraba Management, which you can use to evaluate the volatility of the company. Please validate Sindh Modaraba's Coefficient Of Variation of (15,401), variance of 6.45, and Risk Adjusted Performance of 0.0024 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Sindh Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sindh |
Sharpe Ratio = 0.0726
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sindh Modaraba is performing at about 5% 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 Sindh Modaraba by adding it to a well-diversified portfolio.
Sindh Modaraba Valuation on October 6, 2023
It is possible to determine the worth of Sindh Modaraba on a given historical date. On October 6, 2023 Sindh was worth 6.5 at the beginning of the trading date compared to the closed value of 6.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sindh Modaraba stock. Still, in general, we apply an absolute valuation method to find Sindh Modaraba'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 Sindh Modaraba where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sindh Modaraba's related companies.
| Open | High | Low | Close | Volume | |
| 6.57 | 7.19 | 6.57 | 6.61 | 10,500 | |
10/06/2023 | 6.50 | 6.69 | 5.85 | 6.61 | 8,000 |
| 6.39 | 6.41 | 6.39 | 6.39 | 2,000 |
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Sindh Modaraba Trading Date Momentum on October 6, 2023
| On October 11 2023 Sindh Modaraba Management was traded for 6.39 at the closing time. The highest price during the trading period was 6.41 and the lowest recorded bid was listed for 6.39 . The volume for the day was 2 K. This history from October 11, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.33% . The trading price change to the current price is 2.27% . |
About Sindh Modaraba Stock history
Sindh Modaraba 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 Sindh is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sindh Modaraba Management 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 Sindh Modaraba stock prices may prove useful in developing a viable investing in Sindh Modaraba
Sindh Modaraba Stock Technical Analysis
Sindh Modaraba 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
Sindh Modaraba Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Sindh Modaraba Management 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.
Sindh Modaraba December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Sindh Modaraba stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sindh Modaraba shares will generate the highest return on investment. By undertsting and applying Sindh Modaraba stock market strength indicators, traders can identify Sindh Modaraba Management entry and exit signals to maximize returns
Sindh Modaraba Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sindh Modaraba's price direction in advance. Along with the technical and fundamental analysis of Sindh Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sindh 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 | 0.0024 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.5623 |
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Other Information on Investing in Sindh Stock
Sindh Modaraba financial ratios help investors to determine whether Sindh Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sindh with respect to the benefits of owning Sindh Modaraba security.