MCB Bank (Pakistan) Price on October 31, 2024
| MCB Stock | 262.32 16.45 6.69% |
If you're considering investing in MCB Stock, it is important to understand the factors that can impact its price. As of today, the current price of MCB Bank stands at 262.32, as last reported on the 23rd of November, with the highest price reaching 267.99 and the lowest price hitting 245.00 during the day. MCB Bank appears to be very steady, given 3 months investment horizon. MCB Bank retains Efficiency (Sharpe Ratio) of 0.22, which conveys that the company had a 0.22% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for MCB Bank, which you can use to evaluate the volatility of the entity. Please exercise MCB Bank's Downside Deviation of 1.4, mean deviation of 1.21, and Market Risk Adjusted Performance of 1.14 to check out if our risk estimates are consistent with your expectations.
MCB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MCB |
Sharpe Ratio = 0.2165
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average MCB Bank 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 MCB Bank by adding it to a well-diversified portfolio.
MCB Bank Valuation on October 31, 2024
It is possible to determine the worth of MCB Bank on a given historical date. On October 31, 2024 MCB was worth 254.0 at the beginning of the trading date compared to the closed value of 244.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MCB Bank stock. Still, in general, we apply an absolute valuation method to find MCB Bank'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 MCB Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MCB Bank's related companies.
| Open | High | Low | Close | Volume | |
| 254.02 | 256.53 | 253.04 | 254.44 | 803,870 | |
10/31/2024 | 254.00 | 254.00 | 242.00 | 244.13 | 548,000 |
| 245.98 | 253.00 | 240.00 | 250.05 | 347,807 |
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MCB Bank Trading Date Momentum on October 31, 2024
| On November 01 2024 MCB Bank was traded for 250.05 at the closing time. The highest price during the trading period was 253.00 and the lowest recorded bid was listed for 240.00 . The volume for the day was 347.8 K. This history from November 1, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 2.42% . The trading delta at closing time to the current price is 0.41% . |
MCB Bank Fundamentals Correlations and Trends
By evaluating MCB Bank'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 MCB Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MCB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MCB Bank Stock history
MCB Bank 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 MCB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MCB Bank 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 MCB Bank stock prices may prove useful in developing a viable investing in MCB Bank
MCB Bank Stock Technical Analysis
MCB Bank 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
MCB Bank Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
MCB Bank 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.
MCB Bank November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how MCB Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MCB Bank shares will generate the highest return on investment. By undertsting and applying MCB Bank stock market strength indicators, traders can identify MCB Bank entry and exit signals to maximize returns
MCB Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MCB Bank's price direction in advance. Along with the technical and fundamental analysis of MCB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MCB 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 | 0.1646 | |||
| Jensen Alpha | 0.3162 | |||
| Total Risk Alpha | 0.0775 | |||
| Sortino Ratio | 0.1663 | |||
| Treynor Ratio | 1.13 |
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Additional Tools for MCB Stock Analysis
When running MCB Bank's price analysis, check to measure MCB Bank'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 MCB Bank is operating at the current time. Most of MCB Bank's value examination focuses on studying past and present price action to predict the probability of MCB Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MCB Bank's price. Additionally, you may evaluate how the addition of MCB Bank to your portfolios can decrease your overall portfolio volatility.