First Credit (Pakistan) Price on September 5, 2024
| FCIBL Stock | 7.97 0.19 2.44% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Credit stands at 7.97, as last reported on the 2nd of December, with the highest price reaching 8.00 and the lowest price hitting 7.11 during the day. As of now, First Stock is moderately volatile. First Credit And secures Sharpe Ratio (or Efficiency) of 0.0077, which denotes the company had a 0.0077% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Credit And, which you can use to evaluate the volatility of the firm. Please confirm First Credit's Downside Deviation of 6.93, coefficient of variation of 1405.79, and Mean Deviation of 3.76 to check if the risk estimate we provide is consistent with the expected return of 0.0363%.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.0077
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FCIBL |
Estimated Market Risk
| 4.74 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Credit is not performing at its full potential. However, 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 First Credit by adding First Credit to a well-diversified portfolio.
First Credit Valuation on September 5, 2024
It is possible to determine the worth of First Credit on a given historical date. On September 5, 2024 First was worth 7.51 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Credit stock. Still, in general, we apply an absolute valuation method to find First Credit'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 First Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Credit's related companies.
| Open | High | Low | Close | Volume | |
| 8.28 | 8.28 | 8.11 | 8.11 | 147.00 | |
09/05/2024 | 7.51 | 8.28 | 7.51 | 7.80 | 7,626 |
| 7.28 | 8.49 | 7.28 | 8.49 | 501.00 |
| Backtest First Credit | | | First Credit History | | | First Credit Valuation | Previous | Next |
First Credit Trading Date Momentum on September 5, 2024
| On September 06 2024 First Credit And was traded for 8.49 at the closing time. The highest price during the trading period was 8.49 and the lowest recorded bid was listed for 7.28 . The volume for the day was 501. This history from September 6, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 8.85% . The overall trading delta to the current price is 0.64% . |
About First Credit Stock history
First Credit 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 First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Credit And 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 First Credit stock prices may prove useful in developing a viable investing in First Credit
First Credit Stock Technical Analysis
First Credit 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
First Credit Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
First Credit And 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.
First Credit December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how First Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Credit shares will generate the highest return on investment. By undertsting and applying First Credit stock market strength indicators, traders can identify First Credit And entry and exit signals to maximize returns
First Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Credit's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First 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 | 0.0631 | |||
| Jensen Alpha | 0.3596 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0393 | |||
| Treynor Ratio | 1.25 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in First Stock
First Credit financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Credit security.