Sitara Chemical (Pakistan) Price on October 25, 2023
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 thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sitara Chemical's Semi Deviation of 2.04, coefficient of variation of 3455.89, and Risk Adjusted Performance of 0.029 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.
Sitara |
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 October 25, 2023
It is possible to determine the worth of Sitara Chemical on a given historical date. On October 25, 2023 Sitara was worth 227.11 at the beginning of the trading date compared to the closed value of 226.63. 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 | |
220.35 | 227.12 | 220.35 | 227.12 | 3,200 | |
10/25/2023 | 227.11 | 230.02 | 224.22 | 226.63 | 700.00 |
223.35 | 224.21 | 212.67 | 214.35 | 12,900 |
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Sitara Chemical Trading Date Momentum on October 25, 2023
On October 26 2023 Sitara Chemical Industries was traded for 214.35 at the closing time. The highest price during the trading period was 224.21 and the lowest recorded bid was listed for 212.67 . The volume for the day was 12.9 K. This history from October 26, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 5.42% . The trading price change to the current price is 2.35% . |
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.
Price Boundaries
Sitara Chemical Period Price Range
Low | November 23, 2024
| 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.
Risk Adjusted Performance | 0.029 | |||
Jensen Alpha | 0.0678 | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.79) |
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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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