Pakistan Refinery (Pakistan) Price on February 1, 2024
| PRL Stock | 26.19 0.17 0.64% |
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 Refinery stands at 26.19, as last reported on the 1st of December, with the highest price reaching 26.60 and the lowest price hitting 26.06 during the day. Pakistan Refinery appears to be not too volatile, given 3 months investment horizon. Pakistan Refinery maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pakistan Refinery, which you can use to evaluate the volatility of the company. Please evaluate Pakistan Refinery's Semi Deviation of 1.96, risk adjusted performance of 0.0907, and Coefficient Of Variation of 912.74 to confirm if our risk estimates are consistent with your expectations.
Pakistan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pakistan |
Sharpe Ratio = 0.1096
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Pakistan Refinery 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 Pakistan Refinery by adding it to a well-diversified portfolio.
Pakistan Refinery Valuation on February 1, 2024
It is possible to determine the worth of Pakistan Refinery on a given historical date. On February 1, 2024 Pakistan was worth 23.3 at the beginning of the trading date compared to the closed value of 24.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pakistan Refinery stock. Still, in general, we apply an absolute valuation method to find Pakistan Refinery'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 Refinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pakistan Refinery's related companies.
| Open | High | Low | Close | Volume | |
| 23.59 | 23.92 | 23.00 | 23.16 | 7,461,420 | |
02/01/2024 | 23.30 | 24.80 | 22.31 | 24.42 | 26,126,119 |
| 24.66 | 24.75 | 24.10 | 24.23 | 5,691,753 |
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Pakistan Refinery Trading Date Momentum on February 1, 2024
| On February 02 2024 Pakistan Refinery was traded for 24.23 at the closing time. The highest price during the trading period was 24.75 and the lowest recorded bid was listed for 24.10 . The volume for the day was 5.7 M. This history from February 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 5.12% . |
Price Boundaries
Pakistan Refinery Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Pakistan Refinery December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Pakistan Refinery 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 Refinery shares will generate the highest return on investment. By undertsting and applying Pakistan Refinery stock market strength indicators, traders can identify Pakistan Refinery entry and exit signals to maximize returns
Pakistan Refinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pakistan Refinery'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 | 0.0907 | |||
| Jensen Alpha | 0.3034 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0605 | |||
| Treynor Ratio | (0.97) |
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Additional Tools for Pakistan Stock Analysis
When running Pakistan Refinery's price analysis, check to measure Pakistan Refinery'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 Refinery is operating at the current time. Most of Pakistan Refinery's value examination focuses on studying past and present price action to predict the probability of Pakistan Refinery'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 Refinery's price. Additionally, you may evaluate how the addition of Pakistan Refinery to your portfolios can decrease your overall portfolio volatility.