Tariq CorpPref (Pakistan) Price on November 1, 2024
| TCORPCPS | 6.25 0.24 3.99% |
If you're considering investing in Tariq Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tariq CorpPref stands at 6.25, as last reported on the 29th of November, with the highest price reaching 6.25 and the lowest price hitting 6.01 during the day. Tariq CorpPref owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.28, which indicates the firm had a -0.28% return per unit of risk over the last 3 months. Tariq CorpPref exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tariq CorpPref's Semi Deviation of 4.1, risk adjusted performance of 0.0266, and Coefficient Of Variation of 4239.57 to confirm the risk estimate we provide.
Tariq Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tariq |
Sharpe Ratio = -0.2759
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TCORPCPS |
Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| -1.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tariq CorpPref 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 Tariq CorpPref by adding Tariq CorpPref to a well-diversified portfolio.
Tariq CorpPref Valuation on November 1, 2024
It is possible to determine the worth of Tariq CorpPref on a given historical date. On November 1, 2024 Tariq was worth 5.9 at the beginning of the trading date compared to the closed value of 5.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tariq CorpPref stock. Still, in general, we apply an absolute valuation method to find Tariq CorpPref'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 Tariq CorpPref where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tariq CorpPref's related companies.
| Open | High | Low | Close | Volume | |
| 6.00 | 6.30 | 6.00 | 6.00 | 20,055 | |
11/01/2024 | 5.90 | 5.90 | 5.90 | 5.90 | 4,171 |
| 5.80 | 6.83 | 5.80 | 6.56 | 533.00 |
| Backtest Tariq CorpPref | | | Tariq CorpPref History | Previous | Next |
Tariq CorpPref Trading Date Momentum on November 1, 2024
| On November 04 2024 Tariq CorpPref was traded for 6.56 at the closing time. The highest price during the trading period was 6.83 and the lowest recorded bid was listed for 5.80 . The volume for the day was 533. This history from November 4, 2024 contributed to the next trading day price gain. The trading price change to the next closing price was 11.19% . The trading price change to the current price is 18.31% . |
Price Boundaries
Tariq CorpPref Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tariq CorpPref 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.
Tariq CorpPref November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tariq CorpPref stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tariq CorpPref shares will generate the highest return on investment. By undertsting and applying Tariq CorpPref stock market strength indicators, traders can identify Tariq CorpPref entry and exit signals to maximize returns
Tariq CorpPref Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tariq CorpPref's price direction in advance. Along with the technical and fundamental analysis of Tariq Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tariq 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 | 0.0266 | |||
| Jensen Alpha | 0.1185 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | (0.0002) | |||
| Treynor Ratio | (2.49) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Tariq Stock Analysis
When running Tariq CorpPref's price analysis, check to measure Tariq CorpPref'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 Tariq CorpPref is operating at the current time. Most of Tariq CorpPref's value examination focuses on studying past and present price action to predict the probability of Tariq CorpPref's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tariq CorpPref's price. Additionally, you may evaluate how the addition of Tariq CorpPref to your portfolios can decrease your overall portfolio volatility.