Engro (Pakistan) Price on November 25, 2024
| ENGRO Stock | 319.20 13.51 4.06% |
If you're considering investing in Engro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Engro stands at 319.20, as last reported on the 27th of November, with the highest price reaching 332.71 and the lowest price hitting 315.00 during the day. As of now, Engro Stock is very steady. Engro secures Sharpe Ratio (or Efficiency) of 0.0183, which denotes the company had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Engro, which you can use to evaluate the volatility of the firm. Please confirm Engro's Downside Deviation of 1.24, mean deviation of 1.09, and Coefficient Of Variation of 1323.65 to check if the risk estimate we provide is consistent with the expected return of 0.0267%.
Engro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Engro |
Sharpe Ratio = 0.0183
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| Negative Returns | ENGRO |
Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Engro is performing at about 1% 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 Engro by adding it to a well-diversified portfolio.
Engro Valuation on November 25, 2024
It is possible to determine the worth of Engro on a given historical date. On November 25, 2024 Engro was worth 337.76 at the beginning of the trading date compared to the closed value of 332.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Engro stock. Still, in general, we apply an absolute valuation method to find Engro'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 Engro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Engro's related companies.
| Open | High | Low | Close | Volume | |
| 334.00 | 344.50 | 328.15 | 337.76 | 3,619,712 | |
11/25/2024 | 337.76 | 339.80 | 330.00 | 332.71 | 948,333 |
| 330.51 | 332.71 | 315.00 | 319.20 | 1,015,101 |
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Engro Trading Date Momentum on November 25, 2024
| On November 26 2024 Engro was traded for 319.20 at the closing time. The highest price during the trading period was 332.71 and the lowest recorded bid was listed for 315.00 . The volume for the day was 1 M. This history from November 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.06% . The overall trading delta to the current price is 0.66% . |
Engro Fundamentals Correlations and Trends
By evaluating Engro'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 Engro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Engro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Engro Stock history
Engro 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 Engro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Engro 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 Engro stock prices may prove useful in developing a viable investing in Engro
Engro Stock Technical Analysis
Engro 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
Engro Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Engro 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.
Engro November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Engro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Engro shares will generate the highest return on investment. By undertsting and applying Engro stock market strength indicators, traders can identify Engro entry and exit signals to maximize returns
Engro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Engro's price direction in advance. Along with the technical and fundamental analysis of Engro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Engro 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 | 0.0626 | |||
| Jensen Alpha | 0.0811 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.5779 |
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Other Information on Investing in Engro Stock
Engro financial ratios help investors to determine whether Engro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Engro with respect to the benefits of owning Engro security.