Sitara Chemical (Pakistan) Price on February 27, 2024

SITC Stock   282.69  10.80  3.68%   
If you're considering investing in Sitara Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sitara Chemical stands at 282.69, as last reported on the 23rd of November, with the highest price reaching 289.00 and the lowest price hitting 275.22 during the day. Sitara Chemical Indu owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0096, which indicates the firm had a -0.0096% return per unit of risk over the last 3 months. Sitara Chemical Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sitara Chemical's Variance of 5.56, coefficient of variation of (10,397), and Risk Adjusted Performance of (0.0006) to confirm the risk estimate we provide.
  
Sitara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0096

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sitara Chemical 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 Sitara Chemical by adding Sitara Chemical to a well-diversified portfolio.

Sitara Chemical Valuation on February 27, 2024

It is possible to determine the worth of Sitara Chemical on a given historical date. On February 27, 2024 Sitara was worth 249.34 at the beginning of the trading date compared to the closed value of 252.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sitara Chemical stock. Still, in general, we apply an absolute valuation method to find Sitara Chemical'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 Sitara Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sitara Chemical's related companies.
 Open High Low Close Volume
  237.75    241.61    237.75    241.61    300.00  
02/27/2024
  249.34    252.24    249.34    252.24    3,400  
  247.42    256.11    246.45    256.11    3,400  
Backtest Sitara Chemical  |  Sitara Chemical History  |  Sitara Chemical Valuation   PreviousNext  
Open Value
249.34
242.26
Downside
252.24
Closing Value
256.42
Upside

Sitara Chemical Trading Date Momentum on February 27, 2024

On February 28 2024 Sitara Chemical Industries was traded for  256.11  at the closing time. The highest price during the trading period was 256.11  and the lowest recorded bid was listed for  246.45 . The volume for the day was 3.4 K. This history from February 28, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.53% . The trading price change to the current price is 3.06% .

About Sitara Chemical Stock history

Sitara Chemical 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 Sitara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sitara Chemical Indu 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 Sitara Chemical stock prices may prove useful in developing a viable investing in Sitara Chemical

Sitara Chemical Stock Technical Analysis

Sitara Chemical 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.
A focus of Sitara Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sitara Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sitara Chemical Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sitara Chemical Industries 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.

Sitara Chemical November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Sitara Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sitara Chemical shares will generate the highest return on investment. By undertsting and applying Sitara Chemical stock market strength indicators, traders can identify Sitara Chemical Industries entry and exit signals to maximize returns

Sitara Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sitara Chemical's price direction in advance. Along with the technical and fundamental analysis of Sitara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sitara 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.

Complementary Tools for Sitara Stock analysis

When running Sitara Chemical's price analysis, check to measure Sitara Chemical'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 Sitara Chemical is operating at the current time. Most of Sitara Chemical's value examination focuses on studying past and present price action to predict the probability of Sitara Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitara Chemical's price. Additionally, you may evaluate how the addition of Sitara Chemical to your portfolios can decrease your overall portfolio volatility.
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