Packages (Pakistan) Price on December 8, 2023
| PKGS Stock | 603.99 13.94 2.36% |
If you're considering investing in Packages Stock, it is important to understand the factors that can impact its price. As of today, the current price of Packages stands at 603.99, as last reported on the 30th of November, with the highest price reaching 610.00 and the lowest price hitting 580.00 during the day. Packages appears to be very steady, given 3 months investment horizon. Packages maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Packages, which you can use to evaluate the volatility of the company. Please evaluate Packages' Coefficient Of Variation of 668.83, semi deviation of 1.62, and Risk Adjusted Performance of 0.1215 to confirm if our risk estimates are consistent with your expectations.
Packages Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Packages |
Sharpe Ratio = 0.1558
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PKGS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Packages is performing at about 12% 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 Packages by adding it to a well-diversified portfolio.
Packages Valuation on December 8, 2023
It is possible to determine the worth of Packages on a given historical date. On December 8, 2023 Packages was worth 502.73 at the beginning of the trading date compared to the closed value of 529.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Packages stock. Still, in general, we apply an absolute valuation method to find Packages' 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 Packages where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Packages' related companies.
| Open | High | Low | Close | Volume | |
| 483.66 | 516.88 | 483.66 | 515.45 | 81,730 | |
12/08/2023 | 502.73 | 537.71 | 493.38 | 529.32 | 27,309 |
| 519.70 | 530.59 | 516.85 | 527.18 | 13,368 |
| Backtest Packages | | | Packages History | | | Packages Valuation | Previous | Next |
Packages Trading Date Momentum on December 8, 2023
| On December 11 2023 Packages was traded for 527.18 at the closing time. The highest price during the trading period was 530.59 and the lowest recorded bid was listed for 516.85 . The volume for the day was 13.4 K. This history from December 11, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 0.22% . |
Packages Fundamentals Correlations and Trends
By evaluating Packages' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Packages' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Packages financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Packages Stock history
Packages 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 Packages is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Packages 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 Packages stock prices may prove useful in developing a viable investing in Packages
Packages Stock Technical Analysis
Packages 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
Packages Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Packages 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.
Packages November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Packages stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Packages shares will generate the highest return on investment. By undertsting and applying Packages stock market strength indicators, traders can identify Packages entry and exit signals to maximize returns
Packages Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Packages' price direction in advance. Along with the technical and fundamental analysis of Packages Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Packages 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 | 0.1215 | |||
| Jensen Alpha | 0.3436 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1387 | |||
| Treynor Ratio | 1.02 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Packages Stock analysis
When running Packages' price analysis, check to measure Packages' 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 Packages is operating at the current time. Most of Packages' value examination focuses on studying past and present price action to predict the probability of Packages' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packages' price. Additionally, you may evaluate how the addition of Packages to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |