Bilal Fibres (Pakistan) Price on September 23, 2024
| BILF Stock | 16.94 1.42 9.15% |
If you're considering investing in Bilal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bilal Fibres stands at 16.94, as last reported on the 25th of November, with the highest price reaching 17.40 and the lowest price hitting 16.55 during the day. Bilal Fibres is slightly risky given 3 months investment horizon. Bilal Fibres secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 3.12% are justified by taking the suggested risk. Use Bilal Fibres Risk Adjusted Performance of 0.2898, downside deviation of 6.03, and Mean Deviation of 7.08 to evaluate company specific risk that cannot be diversified away.
Bilal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bilal |
Sharpe Ratio = 0.3553
| Best Portfolio | Best Equity | |||
| Good Returns | BILF | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.79 actual daily | 78 78% of assets are less volatile |
Expected Return
| 3.12 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.36 actual daily | 27 73% of assets perform better |
Based on monthly moving average Bilal Fibres is performing at about 27% 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 Bilal Fibres by adding it to a well-diversified portfolio.
Bilal Fibres Valuation on September 23, 2024
It is possible to determine the worth of Bilal Fibres on a given historical date. On September 23, 2024 Bilal was worth 21.43 at the beginning of the trading date compared to the closed value of 21.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bilal Fibres stock. Still, in general, we apply an absolute valuation method to find Bilal Fibres' 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 Bilal Fibres where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bilal Fibres' related companies.
| Open | High | Low | Close | Volume | |
| 16.74 | 19.49 | 15.95 | 19.49 | 2,532,863 | |
09/23/2024 | 21.43 | 21.44 | 18.16 | 21.42 | 1,023,424 |
| 21.60 | 21.95 | 19.28 | 19.49 | 477,162 |
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Bilal Fibres Trading Date Momentum on September 23, 2024
| On September 24 2024 Bilal Fibres was traded for 19.49 at the closing time. The highest price during the trading period was 21.95 and the lowest recorded bid was listed for 19.28 . The volume for the day was 477.2 K. This history from September 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 9.01% . The overall trading delta to the current price is 2.89% . |
About Bilal Fibres Stock history
Bilal Fibres 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 Bilal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bilal Fibres 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 Bilal Fibres stock prices may prove useful in developing a viable investing in Bilal Fibres
Bilal Fibres Stock Technical Analysis
Bilal Fibres 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
Bilal Fibres Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Bilal Fibres 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.
Bilal Fibres November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Bilal Fibres stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bilal Fibres shares will generate the highest return on investment. By undertsting and applying Bilal Fibres stock market strength indicators, traders can identify Bilal Fibres entry and exit signals to maximize returns
Bilal Fibres Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bilal Fibres' price direction in advance. Along with the technical and fundamental analysis of Bilal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bilal 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 | 0.2898 | |||
| Jensen Alpha | 3.0 | |||
| Total Risk Alpha | 1.78 | |||
| Sortino Ratio | 0.4983 | |||
| Treynor Ratio | 2.97 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bilal Stock analysis
When running Bilal Fibres' price analysis, check to measure Bilal Fibres' 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 Bilal Fibres is operating at the current time. Most of Bilal Fibres' value examination focuses on studying past and present price action to predict the probability of Bilal Fibres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bilal Fibres' price. Additionally, you may evaluate how the addition of Bilal Fibres to your portfolios can decrease your overall portfolio volatility.
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