NetSol Technologies (Pakistan) Price on May 21, 2024
| NETSOL Stock | 136.36 0.68 0.50% |
If you're considering investing in NetSol Stock, it is important to understand the factors that can impact its price. As of today, the current price of NetSol Technologies stands at 136.36, as last reported on the 26th of November, with the highest price reaching 144.49 and the lowest price hitting 135.00 during the day. At this point, NetSol Technologies is very steady. NetSol Technologies has Sharpe Ratio of 0.0652, which conveys that the firm had a 0.0652% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NetSol Technologies, which you can use to evaluate the volatility of the firm. Please verify NetSol Technologies' Downside Deviation of 1.55, risk adjusted performance of 0.0444, and Mean Deviation of 1.39 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
NetSol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NetSol |
Sharpe Ratio = 0.0652
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | NETSOL | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NetSol Technologies is performing at about 5% 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 NetSol Technologies by adding it to a well-diversified portfolio.
NetSol Technologies Valuation on May 21, 2024
It is possible to determine the worth of NetSol Technologies on a given historical date. On May 21, 2024 NetSol was worth 122.22 at the beginning of the trading date compared to the closed value of 122.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetSol Technologies stock. Still, in general, we apply an absolute valuation method to find NetSol Technologies' 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 NetSol Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetSol Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 111.37 | 118.62 | 111.35 | 118.62 | 7,890,846 | |
05/21/2024 | 122.22 | 126.02 | 119.48 | 122.18 | 7,320,903 |
| 121.95 | 123.20 | 113.42 | 114.33 | 4,523,020 |
| Backtest NetSol Technologies | | | NetSol Technologies History | | | NetSol Technologies Valuation | Previous | Next |
NetSol Technologies Trading Date Momentum on May 21, 2024
| On May 22 2024 NetSol Technologies was traded for 114.33 at the closing time. The highest price during the trading period was 123.20 and the lowest recorded bid was listed for 113.42 . The volume for the day was 4.5 M. This history from May 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 6.42% . The trading delta at closing time to the current price is 3.96% . |
NetSol Technologies Fundamentals Correlations and Trends
By evaluating NetSol Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NetSol Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetSol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetSol Technologies Stock history
NetSol Technologies 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 NetSol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetSol Technologies 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 NetSol Technologies stock prices may prove useful in developing a viable investing in NetSol Technologies
NetSol Technologies Stock Technical Analysis
NetSol Technologies 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
NetSol Technologies Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
NetSol Technologies 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.
NetSol Technologies November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how NetSol Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetSol Technologies shares will generate the highest return on investment. By undertsting and applying NetSol Technologies stock market strength indicators, traders can identify NetSol Technologies entry and exit signals to maximize returns
NetSol Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetSol Technologies' price direction in advance. Along with the technical and fundamental analysis of NetSol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetSol 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 | 0.0444 | |||
| Jensen Alpha | 0.0916 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (2.27) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NetSol Stock analysis
When running NetSol Technologies' price analysis, check to measure NetSol Technologies' 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 NetSol Technologies is operating at the current time. Most of NetSol Technologies' value examination focuses on studying past and present price action to predict the probability of NetSol Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetSol Technologies' price. Additionally, you may evaluate how the addition of NetSol Technologies to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |