SME Leasing (Pakistan) Price on November 13, 2023
| SLL Stock | 1.70 0.44 20.56% |
If you're considering investing in SME Stock, it is important to understand the factors that can impact its price. As of today, the current price of SME Leasing stands at 1.70, as last reported on the 26th of November, with the highest price reaching 2.30 and the lowest price hitting 1.60 during the day. SME Leasing owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of volatility over the last 3 months. SME Leasing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SME Leasing's variance of 67.39, and Risk Adjusted Performance of 0.0061 to confirm the risk estimate we provide.
SME Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SME |
Sharpe Ratio = -0.1029
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| Negative Returns | SLL |
Estimated Market Risk
| 6.64 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SME Leasing 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 SME Leasing by adding SME Leasing to a well-diversified portfolio.
SME Leasing Valuation on November 13, 2023
It is possible to determine the worth of SME Leasing on a given historical date. On November 13, 2023 SME was worth 1.99 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SME Leasing stock. Still, in general, we apply an absolute valuation method to find SME Leasing'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 SME Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SME Leasing's related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.00 | 1.90 | 1.90 | 2,500 | |
11/13/2023 | 1.99 | 2.20 | 1.99 | 1.99 | 10,500 |
| 2.15 | 2.21 | 2.10 | 2.21 | 7,000 |
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SME Leasing Trading Date Momentum on November 13, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About SME Leasing Stock history
SME Leasing 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 SME is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SME Leasing 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 SME Leasing stock prices may prove useful in developing a viable investing in SME Leasing
SME Leasing Stock Technical Analysis
SME Leasing 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
SME Leasing Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
SME Leasing 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.
SME Leasing November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SME Leasing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SME Leasing shares will generate the highest return on investment. By undertsting and applying SME Leasing stock market strength indicators, traders can identify SME Leasing entry and exit signals to maximize returns
SME Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SME Leasing's price direction in advance. Along with the technical and fundamental analysis of SME Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SME 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 | 0.0061 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | 0.0828 |
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| Volume Indicators |
Additional Tools for SME Stock Analysis
When running SME Leasing's price analysis, check to measure SME Leasing'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 SME Leasing is operating at the current time. Most of SME Leasing's value examination focuses on studying past and present price action to predict the probability of SME Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SME Leasing's price. Additionally, you may evaluate how the addition of SME Leasing to your portfolios can decrease your overall portfolio volatility.