Pakistan Engineering (Pakistan) Price on October 28, 2024
| PECO Stock | 696.37 6.39 0.93% |
If you're considering investing in Pakistan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pakistan Engineering stands at 696.37, as last reported on the 11th of December 2024, with the highest price reaching 700.00 and the lowest price hitting 650.11 during the day. Pakistan Engineering maintains Sharpe Ratio (i.e., Efficiency) of -0.0668, which implies the firm had a -0.0668% return per unit of risk over the last 3 months. Pakistan Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pakistan Engineering's Variance of 17.33, risk adjusted performance of (0.07), and Coefficient Of Variation of (955.06) to confirm the risk estimate we provide.
Pakistan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pakistan |
Sharpe Ratio = -0.0668
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| Negative Returns | PECO |
Estimated Market Risk
| 4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pakistan Engineering is not performing at its full potential. However, 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 Pakistan Engineering by adding Pakistan Engineering to a well-diversified portfolio.
Pakistan Engineering Valuation on October 28, 2024
It is possible to determine the worth of Pakistan Engineering on a given historical date. On October 28, 2024 Pakistan was worth 923.98 at the beginning of the trading date compared to the closed value of 838.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pakistan Engineering stock. Still, in general, we apply an absolute valuation method to find Pakistan Engineering'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 Pakistan Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pakistan Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 924.99 | 924.99 | 924.00 | 924.03 | 36.00 | |
10/28/2024 | 923.98 | 923.98 | 831.63 | 838.57 | 1,397 |
| 838.57 | 859.00 | 754.71 | 847.56 | 204.00 |
| Backtest Pakistan Engineering | | | Pakistan Engineering History | Previous | Next |
Pakistan Engineering Trading Date Momentum on October 28, 2024
| On October 29 2024 Pakistan Engineering was traded for 847.56 at the closing time. The highest price during the trading period was 859.00 and the lowest recorded bid was listed for 754.71 . The volume for the day was 204. This history from October 29, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.07% . The trading delta at closing time to the current price is 8.77% . |
Price Boundaries
Pakistan Engineering Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Pakistan Engineering December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Pakistan Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pakistan Engineering shares will generate the highest return on investment. By undertsting and applying Pakistan Engineering stock market strength indicators, traders can identify Pakistan Engineering entry and exit signals to maximize returns
Pakistan Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pakistan Engineering's price direction in advance. Along with the technical and fundamental analysis of Pakistan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pakistan 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 | (0.07) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | 1.97 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Pakistan Stock analysis
When running Pakistan Engineering's price analysis, check to measure Pakistan Engineering'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 Pakistan Engineering is operating at the current time. Most of Pakistan Engineering's value examination focuses on studying past and present price action to predict the probability of Pakistan Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pakistan Engineering's price. Additionally, you may evaluate how the addition of Pakistan Engineering to your portfolios can decrease your overall portfolio volatility.
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