Nimir Industrial (Pakistan) Price on May 31, 2023
| NICL Stock | 130.00 3.00 2.26% |
If you're considering investing in Nimir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nimir Industrial stands at 130.00, as last reported on the 23rd of November, with the highest price reaching 133.00 and the lowest price hitting 129.00 during the day. Nimir Industrial appears to be very steady, given 3 months investment horizon. Nimir Industrial Chemical 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. We have found thirty technical indicators for Nimir Industrial, which you can use to evaluate the volatility of the firm. Please exercise Nimir Industrial's Mean Deviation of 1.52, risk adjusted performance of 0.0898, and Downside Deviation of 1.88 to check out if our risk estimates are consistent with your expectations.
Nimir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nimir |
Sharpe Ratio = 0.1119
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Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nimir Industrial 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 Nimir Industrial by adding it to a well-diversified portfolio.
Nimir Industrial Valuation on May 31, 2023
It is possible to determine the worth of Nimir Industrial on a given historical date. On May 31, 2023 Nimir was worth 84.22 at the beginning of the trading date compared to the closed value of 78.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nimir Industrial stock. Still, in general, we apply an absolute valuation method to find Nimir Industrial'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 Nimir Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nimir Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 78.72 | 81.24 | 78.48 | 81.24 | 16,500 | |
05/31/2023 | 84.22 | 84.22 | 78.86 | 78.88 | 2,000 |
| 78.49 | 78.49 | 78.49 | 78.49 | 1,500 |
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Nimir Industrial Trading Date Momentum on May 31, 2023
| On June 02 2023 Nimir Industrial Chemical was traded for 78.49 at the closing time. The highest price during the trading period was 78.49 and the lowest recorded bid was listed for 78.49 . The volume for the day was 1.5 K. This history from June 2, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.49% . The trading delta at closing time to the current price is 5.30% . |
About Nimir Industrial Stock history
Nimir Industrial 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 Nimir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nimir Industrial Chemical 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 Nimir Industrial stock prices may prove useful in developing a viable investing in Nimir Industrial
Nimir Industrial Stock Technical Analysis
Nimir Industrial 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
Nimir Industrial Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Nimir Industrial Chemical 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.
Nimir Industrial November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nimir Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nimir Industrial shares will generate the highest return on investment. By undertsting and applying Nimir Industrial stock market strength indicators, traders can identify Nimir Industrial Chemical entry and exit signals to maximize returns
Nimir Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nimir Industrial's price direction in advance. Along with the technical and fundamental analysis of Nimir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nimir 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 | 0.0898 | |||
| Jensen Alpha | 0.1423 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 0.3504 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nimir Stock analysis
When running Nimir Industrial's price analysis, check to measure Nimir Industrial'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 Nimir Industrial is operating at the current time. Most of Nimir Industrial's value examination focuses on studying past and present price action to predict the probability of Nimir Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nimir Industrial's price. Additionally, you may evaluate how the addition of Nimir Industrial to your portfolios can decrease your overall portfolio volatility.
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