Bank Makramah (Pakistan) Price on October 9, 2024
| BML Stock | 2.73 0.05 1.87% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Makramah stands at 2.73, as last reported on the 28th of November, with the highest price reaching 3.00 and the lowest price hitting 2.60 during the day. Bank Makramah appears to be very risky, given 3 months investment horizon. Bank Makramah secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By analyzing Bank Makramah's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Bank Makramah's Downside Deviation of 3.24, risk adjusted performance of 0.0728, and Mean Deviation of 2.83 to double-check if our risk estimates are consistent with your expectations.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.1189
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Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bank Makramah is performing at about 9% 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 Bank Makramah by adding it to a well-diversified portfolio.
Bank Makramah Valuation on October 9, 2024
It is possible to determine the worth of Bank Makramah on a given historical date. On October 9, 2024 Bank was worth 2.13 at the beginning of the trading date compared to the closed value of 2.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Makramah stock. Still, in general, we apply an absolute valuation method to find Bank Makramah'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 Bank Makramah where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Makramah's related companies.
| Open | High | Low | Close | Volume | |
| 2.17 | 2.17 | 2.05 | 2.11 | 288,659 | |
10/09/2024 | 2.13 | 2.15 | 2.03 | 2.06 | 541,251 |
| 2.10 | 2.12 | 2.05 | 2.06 | 808,961 |
| Backtest Bank Makramah | | | Bank Makramah History | Previous | Next |
Bank Makramah Trading Date Momentum on October 9, 2024
| On October 10 2024 Bank Makramah was traded for 2.06 at the closing time. The highest price during the trading period was 2.12 and the lowest recorded bid was listed for 2.05 . The volume for the day was 809 K. This history from October 10, 2024 did not affect price variability. The overall trading delta to the current price is 0.97% . |
Price Boundaries
Bank Makramah Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Bank Makramah November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Makramah stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Makramah shares will generate the highest return on investment. By undertsting and applying Bank Makramah stock market strength indicators, traders can identify Bank Makramah entry and exit signals to maximize returns
Bank Makramah Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Makramah's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0728 | |||
| Jensen Alpha | 0.4007 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | (7.73) |
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Additional Tools for Bank Stock Analysis
When running Bank Makramah's price analysis, check to measure Bank Makramah'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 Bank Makramah is operating at the current time. Most of Bank Makramah's value examination focuses on studying past and present price action to predict the probability of Bank Makramah's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Makramah's price. Additionally, you may evaluate how the addition of Bank Makramah to your portfolios can decrease your overall portfolio volatility.