ITTEFAQ Iron (Pakistan) Price on January 9, 2025
| ITTEFAQ Stock | 8.26 0.11 1.31% |
If you're considering investing in ITTEFAQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITTEFAQ Iron stands at 8.26, as last reported on the 23rd of January, with the highest price reaching 8.64 and the lowest price hitting 8.02 during the day. ITTEFAQ Iron appears to be moderately volatile, given 3 months investment horizon. ITTEFAQ Iron Industries holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of volatility over the last 3 months. By examining ITTEFAQ Iron's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize ITTEFAQ Iron's market risk adjusted performance of (0.95), and Risk Adjusted Performance of 0.1389 to validate if our risk estimates are consistent with your expectations.
ITTEFAQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITTEFAQ |
Sharpe Ratio = 0.1594
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Estimated Market Risk
| 4.73 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ITTEFAQ Iron is performing at about 12% 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 ITTEFAQ Iron by adding it to a well-diversified portfolio.
ITTEFAQ Iron Valuation on January 9, 2025
It is possible to determine the worth of ITTEFAQ Iron on a given historical date. On January 9, 2025 ITTEFAQ was worth 8.5 at the beginning of the trading date compared to the closed value of 7.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITTEFAQ Iron stock. Still, in general, we apply an absolute valuation method to find ITTEFAQ Iron'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 ITTEFAQ Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITTEFAQ Iron's related companies.
| Open | High | Low | Close | Volume | |
| 8.95 | 9.15 | 8.31 | 8.45 | 1,378,040 | |
01/09/2025 | 8.50 | 8.50 | 7.55 | 7.70 | 3,585,906 |
| 7.70 | 7.90 | 7.45 | 7.64 | 882,682 |
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ITTEFAQ Iron Trading Date Momentum on January 9, 2025
| On January 10 2025 ITTEFAQ Iron Industries was traded for 7.64 at the closing time. The highest price during the trading period was 7.90 and the lowest recorded bid was listed for 7.45 . The volume for the day was 882.7 K. This history from January 10, 2025 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 11.56% . |
About ITTEFAQ Iron Stock history
ITTEFAQ Iron 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 ITTEFAQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITTEFAQ Iron Industries 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 ITTEFAQ Iron stock prices may prove useful in developing a viable investing in ITTEFAQ Iron
ITTEFAQ Iron Stock Technical Analysis
ITTEFAQ Iron 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
ITTEFAQ Iron Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
ITTEFAQ Iron Industries 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.
ITTEFAQ Iron January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how ITTEFAQ Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITTEFAQ Iron shares will generate the highest return on investment. By undertsting and applying ITTEFAQ Iron stock market strength indicators, traders can identify ITTEFAQ Iron Industries entry and exit signals to maximize returns
ITTEFAQ Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITTEFAQ Iron's price direction in advance. Along with the technical and fundamental analysis of ITTEFAQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITTEFAQ 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 | 0.1389 | |||
| Jensen Alpha | 0.7232 | |||
| Total Risk Alpha | 0.5662 | |||
| Sortino Ratio | 0.1902 | |||
| Treynor Ratio | (0.96) |
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Additional Tools for ITTEFAQ Stock Analysis
When running ITTEFAQ Iron's price analysis, check to measure ITTEFAQ Iron'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 ITTEFAQ Iron is operating at the current time. Most of ITTEFAQ Iron's value examination focuses on studying past and present price action to predict the probability of ITTEFAQ Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITTEFAQ Iron's price. Additionally, you may evaluate how the addition of ITTEFAQ Iron to your portfolios can decrease your overall portfolio volatility.