Bank of Punjab (Pakistan) Price on October 9, 2024
| BOP Stock | 9.20 0.35 3.95% |
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 of Punjab stands at 9.20, as last reported on the 30th of November, with the highest price reaching 9.48 and the lowest price hitting 8.85 during the day. Bank of Punjab appears to be somewhat reliable, given 3 months investment horizon. Bank of Punjab secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of risk over the last 3 months. By analyzing Bank of Punjab's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please makes use of Bank of Punjab's Coefficient Of Variation of 337.09, mean deviation of 1.91, and Risk Adjusted Performance of 0.2343 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 = 0.3092
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Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Bank of Punjab is performing at about 24% 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 of Punjab by adding it to a well-diversified portfolio.
Bank of Punjab Valuation on October 9, 2024
It is possible to determine the worth of Bank of Punjab on a given historical date. On October 9, 2024 Bank was worth 5.28 at the beginning of the trading date compared to the closed value of 5.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Punjab stock. Still, in general, we apply an absolute valuation method to find Bank of Punjab'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 of Punjab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Punjab's related companies.
| Open | High | Low | Close | Volume | |
| 5.24 | 5.25 | 5.15 | 5.23 | 4,124,496 | |
10/09/2024 | 5.28 | 5.70 | 5.23 | 5.62 | 27,406,240 |
| 5.69 | 5.78 | 5.41 | 5.45 | 9,397,921 |
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Bank of Punjab Trading Date Momentum on October 9, 2024
| On October 10 2024 Bank of Punjab was traded for 5.45 at the closing time. The highest price during the trading period was 5.78 and the lowest recorded bid was listed for 5.41 . The volume for the day was 9.4 M. This history from October 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.02% . The overall trading delta to the current price is 4.27% . |
Bank of Punjab Fundamentals Correlations and Trends
By evaluating Bank of Punjab's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of Punjab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of Punjab Stock history
Bank of Punjab 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Punjab 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 Bank of Punjab stock prices may prove useful in developing a viable investing in Bank of Punjab
Bank of Punjab Stock Technical Analysis
Bank of Punjab 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
Bank of Punjab Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Bank of Punjab November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Punjab 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 of Punjab shares will generate the highest return on investment. By undertsting and applying Bank of Punjab stock market strength indicators, traders can identify Bank of Punjab entry and exit signals to maximize returns
Bank of Punjab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Punjab'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 | 0.2343 | |||
| Jensen Alpha | 0.8496 | |||
| Total Risk Alpha | 0.3974 | |||
| Sortino Ratio | 0.6729 | |||
| Treynor Ratio | 1.63 |
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Additional Tools for Bank Stock Analysis
When running Bank of Punjab's price analysis, check to measure Bank of Punjab'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 of Punjab is operating at the current time. Most of Bank of Punjab's value examination focuses on studying past and present price action to predict the probability of Bank of Punjab'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 of Punjab's price. Additionally, you may evaluate how the addition of Bank of Punjab to your portfolios can decrease your overall portfolio volatility.