Synthetic Products (Pakistan) Price on November 26, 2024
SPEL Stock | 34.19 3.39 9.02% |
If you're considering investing in Synthetic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Synthetic Products stands at 34.19, as last reported on the 27th of November, with the highest price reaching 37.99 and the lowest price hitting 33.82 during the day. Synthetic Products owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.086, which indicates the firm had a -0.086% return per unit of risk over the last 3 months. Synthetic Products Enterprises exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Synthetic Products' Coefficient Of Variation of (1,200), variance of 18.37, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Synthetic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Synthetic |
Sharpe Ratio = -0.086
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SPEL |
Estimated Market Risk
4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Synthetic Products 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 Synthetic Products by adding Synthetic Products to a well-diversified portfolio.
Synthetic Products Valuation on November 26, 2024
It is possible to determine the worth of Synthetic Products on a given historical date. On November 26, 2024 Synthetic was worth 37.56 at the beginning of the trading date compared to the closed value of 34.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synthetic Products stock. Still, in general, we apply an absolute valuation method to find Synthetic Products' 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 Synthetic Products where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synthetic Products' related companies.
Open | High | Low | Close | Volume | |
38.50 | 38.56 | 37.38 | 37.58 | 522,962 | |
11/26/2024 | 37.56 | 37.99 | 33.82 | 34.19 | 1,484,331 |
Backtest Synthetic Products | | | Synthetic Products History | | | Synthetic Products Valuation | Previous |
Synthetic Products Trading Date Momentum on November 26, 2024
On November 26 2024 Synthetic Products Enterprises was traded for 34.19 at the closing time. The highest price during the trading period was 37.99 and the lowest recorded bid was listed for 33.82 . The volume for the day was 1.5 M. This history from November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 9.86% . |
About Synthetic Products Stock history
Synthetic Products 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 Synthetic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synthetic Products 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 Synthetic Products stock prices may prove useful in developing a viable investing in Synthetic Products
Synthetic Products Stock Technical Analysis
Synthetic Products 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
Synthetic Products Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Synthetic Products Enterprises 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.
Synthetic Products November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Synthetic Products stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synthetic Products shares will generate the highest return on investment. By undertsting and applying Synthetic Products stock market strength indicators, traders can identify Synthetic Products Enterprises entry and exit signals to maximize returns
Synthetic Products Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synthetic Products' price direction in advance. Along with the technical and fundamental analysis of Synthetic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synthetic 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 | (0.06) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (1.03) | |||
Treynor Ratio | (11.88) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Synthetic Stock analysis
When running Synthetic Products' price analysis, check to measure Synthetic Products' 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 Synthetic Products is operating at the current time. Most of Synthetic Products' value examination focuses on studying past and present price action to predict the probability of Synthetic Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synthetic Products' price. Additionally, you may evaluate how the addition of Synthetic Products to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |