Lucky Cement (Pakistan) Price on January 25, 2024
| LUCK Stock | 1,027 14.28 1.37% |
If you're considering investing in Lucky Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lucky Cement stands at 1,027, as last reported on the 23rd of November, with the highest price reaching 1,050 and the lowest price hitting 1,025 during the day. Lucky Cement appears to be very steady, given 3 months investment horizon. Lucky Cement has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lucky Cement, which you can use to evaluate the volatility of the firm. Please exercise Lucky Cement's Downside Deviation of 1.21, mean deviation of 1.26, and Risk Adjusted Performance of 0.1712 to check out if our risk estimates are consistent with your expectations.
Lucky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lucky |
Sharpe Ratio = 0.2211
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LUCK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Lucky Cement is performing at about 17% 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 Lucky Cement by adding it to a well-diversified portfolio.
Lucky Cement Valuation on January 25, 2024
It is possible to determine the worth of Lucky Cement on a given historical date. On January 25, 2024 Lucky was worth 739.36 at the beginning of the trading date compared to the closed value of 736.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lucky Cement stock. Still, in general, we apply an absolute valuation method to find Lucky Cement'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 Lucky Cement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lucky Cement's related companies.
| Open | High | Low | Close | Volume | |
| 730.22 | 751.80 | 727.39 | 737.37 | 405,717 | |
01/25/2024 | 739.36 | 748.98 | 734.25 | 736.88 | 244,876 |
| 739.27 | 747.91 | 728.35 | 731.03 | 334,711 |
| Backtest Lucky Cement | | | Lucky Cement History | | | Lucky Cement Valuation | Previous | Next |
Lucky Cement Trading Date Momentum on January 25, 2024
| On January 26 2024 Lucky Cement was traded for 731.03 at the closing time. The highest price during the trading period was 747.91 and the lowest recorded bid was listed for 728.35 . The volume for the day was 334.7 K. This history from January 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.79% . The trading delta at closing time to the current price is 0.88% . |
Lucky Cement Fundamentals Correlations and Trends
By evaluating Lucky Cement'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 Lucky Cement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lucky financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lucky Cement Stock history
Lucky Cement 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 Lucky is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lucky Cement 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 Lucky Cement stock prices may prove useful in developing a viable investing in Lucky Cement
Lucky Cement Stock Technical Analysis
Lucky Cement 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
Lucky Cement Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Lucky Cement 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.
Lucky Cement November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Lucky Cement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lucky Cement shares will generate the highest return on investment. By undertsting and applying Lucky Cement stock market strength indicators, traders can identify Lucky Cement entry and exit signals to maximize returns
Lucky Cement Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lucky Cement's price direction in advance. Along with the technical and fundamental analysis of Lucky Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lucky 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 | 0.1712 | |||
| Jensen Alpha | 0.336 | |||
| Total Risk Alpha | 0.1289 | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | 55.18 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Lucky Stock analysis
When running Lucky Cement's price analysis, check to measure Lucky Cement'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 Lucky Cement is operating at the current time. Most of Lucky Cement's value examination focuses on studying past and present price action to predict the probability of Lucky Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucky Cement's price. Additionally, you may evaluate how the addition of Lucky Cement to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |