Leather Up (Pakistan) Price on September 5, 2024
| LEUL Stock | 18.64 0.36 1.89% |
If you're considering investing in Leather Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leather Up stands at 18.64, as last reported on the 29th of November, with the highest price reaching 20.50 and the lowest price hitting 18.15 during the day. Leather Up appears to be somewhat reliable, given 3 months investment horizon. Leather Up has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Leather Up's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Leather Up's Mean Deviation of 4.06, risk adjusted performance of 0.0723, and Downside Deviation of 7.0 to check out if our risk estimates are consistent with your expectations.
Leather Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Leather |
Sharpe Ratio = 0.1076
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Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Leather Up is performing at about 8% 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 Leather Up by adding it to a well-diversified portfolio.
Leather Up Valuation on September 5, 2024
It is possible to determine the worth of Leather Up on a given historical date. On September 5, 2024 Leather was worth 14.5 at the beginning of the trading date compared to the closed value of 13.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leather Up stock. Still, in general, we apply an absolute valuation method to find Leather Up'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 Leather Up where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leather Up's related companies.
| Open | High | Low | Close | Volume | |
| 14.50 | 14.64 | 14.50 | 14.64 | 35.00 | |
09/05/2024 | 14.50 | 14.96 | 13.55 | 13.55 | 507.00 |
| 13.35 | 13.35 | 13.35 | 13.35 | 500.00 |
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Leather Up Trading Date Momentum on September 5, 2024
| On September 09 2024 Leather Up was traded for 13.35 at the closing time. The highest price during the trading period was 13.35 and the lowest recorded bid was listed for 13.35 . The volume for the day was 500. This history from September 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.48% . The trading delta at closing time to the current price is 3.99% . |
About Leather Up Stock history
Leather Up 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 Leather is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leather Up 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 Leather Up stock prices may prove useful in developing a viable investing in Leather Up
Leather Up Stock Technical Analysis
Leather Up 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
Leather Up Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Leather Up 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.
Leather Up November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Leather Up stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leather Up shares will generate the highest return on investment. By undertsting and applying Leather Up stock market strength indicators, traders can identify Leather Up entry and exit signals to maximize returns
Leather Up Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Leather Up's price direction in advance. Along with the technical and fundamental analysis of Leather Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leather 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 | 0.0723 | |||
| Jensen Alpha | 0.4323 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | 2.09 |
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| Volume Indicators |
Complementary Tools for Leather Stock analysis
When running Leather Up's price analysis, check to measure Leather Up'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 Leather Up is operating at the current time. Most of Leather Up's value examination focuses on studying past and present price action to predict the probability of Leather Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leather Up's price. Additionally, you may evaluate how the addition of Leather Up to your portfolios can decrease your overall portfolio volatility.
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