Atlas Honda (Pakistan) Price on April 28, 2023
| ATLH Stock | 858.65 40.64 4.97% |
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 Honda stands at 858.65, as last reported on the 28th of November, with the highest price reaching 869.50 and the lowest price hitting 830.00 during the day. Atlas Honda appears to be very steady, given 3 months investment horizon. Atlas Honda secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. By analyzing Atlas Honda's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of Atlas Honda's Downside Deviation of 1.38, mean deviation of 1.46, and Risk Adjusted Performance of 0.2053 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 = 0.2749
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Atlas Honda is performing at about 21% 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 Honda by adding it to a well-diversified portfolio.
Atlas Honda Valuation on April 28, 2023
It is possible to determine the worth of Atlas Honda on a given historical date. On April 28, 2023 Atlas was worth 240.27 at the beginning of the trading date compared to the closed value of 224.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Honda stock. Still, in general, we apply an absolute valuation method to find Atlas Honda'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 Honda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Honda's related companies.
| Open | High | Low | Close | Volume | |
| 228.83 | 228.83 | 227.20 | 228.83 | 400.00 | |
04/28/2023 | 240.27 | 240.28 | 224.75 | 224.75 | 3,000 |
| 228.83 | 228.83 | 223.93 | 228.83 | 900.00 |
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Atlas Honda Trading Date Momentum on April 28, 2023
| On May 02 2023 Atlas Honda was traded for 228.83 at the closing time. The highest price during the trading period was 228.83 and the lowest recorded bid was listed for 223.93 . The volume for the day was 900. This history from May 2, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.82% . The overall trading delta to the current price is 0.91% . |
Price Boundaries
Atlas Honda Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Atlas Honda November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Honda 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 Honda shares will generate the highest return on investment. By undertsting and applying Atlas Honda stock market strength indicators, traders can identify Atlas Honda entry and exit signals to maximize returns
Atlas Honda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Honda'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 | 0.2053 | |||
| Jensen Alpha | 0.5156 | |||
| Total Risk Alpha | 0.2359 | |||
| Sortino Ratio | 0.3345 | |||
| Treynor Ratio | 1.09 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Atlas Stock analysis
When running Atlas Honda's price analysis, check to measure Atlas Honda'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 Honda is operating at the current time. Most of Atlas Honda's value examination focuses on studying past and present price action to predict the probability of Atlas Honda'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 Honda's price. Additionally, you may evaluate how the addition of Atlas Honda to your portfolios can decrease your overall portfolio volatility.
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