Atlas Insurance (Pakistan) Price on September 27, 2024
| ATIL Stock | 56.34 1.15 2.08% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Insurance stands at 56.34, as last reported on the 26th of November, with the highest price reaching 56.49 and the lowest price hitting 53.51 during the day. Atlas Insurance appears to be very steady, given 3 months investment horizon. Atlas Insurance secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. By analyzing Atlas Insurance's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Atlas Insurance's Risk Adjusted Performance of 0.2453, downside deviation of 1.36, and Mean Deviation of 1.3 to double-check if our risk estimates are consistent with your expectations.
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = 0.3311
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 26 74% of assets perform better |
Based on monthly moving average Atlas Insurance is performing at about 26% 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 Atlas Insurance by adding it to a well-diversified portfolio.
Atlas Insurance Valuation on September 27, 2024
It is possible to determine the worth of Atlas Insurance on a given historical date. On September 27, 2024 Atlas was worth 39.4 at the beginning of the trading date compared to the closed value of 39.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Insurance stock. Still, in general, we apply an absolute valuation method to find Atlas Insurance'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 Atlas Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 39.40 | 39.77 | 39.40 | 39.73 | 7,169 | |
09/27/2024 | 39.40 | 39.73 | 39.40 | 39.73 | 3.00 |
| 38.54 | 38.59 | 38.54 | 38.59 | 1,027 |
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Atlas Insurance Trading Date Momentum on September 27, 2024
| On September 30 2024 Atlas Insurance was traded for 38.59 at the closing time. The highest price during the trading period was 38.59 and the lowest recorded bid was listed for 38.54 . The volume for the day was 1 K. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.87% . The overall trading delta to the current price is 3.83% . |
About Atlas Insurance Stock history
Atlas Insurance 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 Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Insurance 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 Atlas Insurance stock prices may prove useful in developing a viable investing in Atlas Insurance
Atlas Insurance Stock Technical Analysis
Atlas Insurance 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
Atlas Insurance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Atlas Insurance 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.
Atlas Insurance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Insurance shares will generate the highest return on investment. By undertsting and applying Atlas Insurance stock market strength indicators, traders can identify Atlas Insurance entry and exit signals to maximize returns
Atlas Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Insurance's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas 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 | 0.2453 | |||
| Jensen Alpha | 0.5597 | |||
| Total Risk Alpha | 0.2682 | |||
| Sortino Ratio | 0.31 | |||
| Treynor Ratio | (3.43) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Atlas Stock analysis
When running Atlas Insurance's price analysis, check to measure Atlas Insurance'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 Atlas Insurance is operating at the current time. Most of Atlas Insurance's value examination focuses on studying past and present price action to predict the probability of Atlas Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Insurance's price. Additionally, you may evaluate how the addition of Atlas Insurance to your portfolios can decrease your overall portfolio volatility.
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