Nimir Industrial (Pakistan) Price on November 15, 2024
| 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 Risk Adjusted Performance of 0.0894, mean deviation of 1.52, 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NICL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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 November 15, 2024
It is possible to determine the worth of Nimir Industrial on a given historical date. On November 15, 2024 Nimir was worth 129.99 at the beginning of the trading date compared to the closed value of 129.99. 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 | |
| 132.50 | 132.50 | 123.75 | 129.22 | 29,539 | |
11/15/2024 | 129.99 | 131.90 | 126.25 | 129.99 | 9,807 |
| 130.00 | 134.70 | 130.00 | 132.50 | 23,736 |
| Backtest Nimir Industrial | | | Nimir Industrial History | | | Nimir Industrial Valuation | Previous | Next |
Nimir Industrial Trading Date Momentum on November 15, 2024
| On November 18 2024 Nimir Industrial Chemical was traded for 132.50 at the closing time. The highest price during the trading period was 134.70 and the lowest recorded bid was listed for 130.00 . The volume for the day was 23.7 K. This history from November 18, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.93% . The trading delta at closing time to the current price is 2.32% . |
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 | 0.0894 | |||
| Jensen Alpha | 0.241 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0627 | |||
| Treynor Ratio | (0.91) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| 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.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |