Organic Meat (Pakistan) Price on May 15, 2024
| TOMCL Stock | 31.97 1.49 4.45% |
If you're considering investing in Organic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Organic Meat stands at 31.97, as last reported on the 27th of November, with the highest price reaching 33.60 and the lowest price hitting 31.85 during the day. Organic Meat maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Organic Meat exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organic Meat's Variance of 5.6, market risk adjusted performance of (4.34), and Coefficient Of Variation of (641.82) to confirm the risk estimate we provide.
Organic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Organic |
Sharpe Ratio = -0.1558
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| Negative Returns | TOMCL |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Organic Meat 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 Organic Meat by adding Organic Meat to a well-diversified portfolio.
Organic Meat Valuation on May 15, 2024
It is possible to determine the worth of Organic Meat on a given historical date. On May 15, 2024 Organic was worth 33.88 at the beginning of the trading date compared to the closed value of 32.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Organic Meat stock. Still, in general, we apply an absolute valuation method to find Organic Meat'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 Organic Meat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Organic Meat's related companies.
| Open | High | Low | Close | Volume | |
| 33.83 | 34.34 | 33.35 | 33.57 | 1,377,068 | |
05/15/2024 | 33.88 | 33.88 | 32.45 | 32.61 | 1,395,157 |
| 32.50 | 32.86 | 31.82 | 32.03 | 933,833 |
| Backtest Organic Meat | | | Organic Meat History | Previous | Next |
Organic Meat Trading Date Momentum on May 15, 2024
| On May 16 2024 The Organic Meat was traded for 32.03 at the closing time. The highest price during the trading period was 32.86 and the lowest recorded bid was listed for 31.82 . The volume for the day was 933.8 K. This history from May 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.78% . The trading price change to the current price is 5.80% . |
Price Boundaries
Organic Meat Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Organic Meat November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Organic Meat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Organic Meat shares will generate the highest return on investment. By undertsting and applying Organic Meat stock market strength indicators, traders can identify The Organic Meat entry and exit signals to maximize returns
Organic Meat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Organic Meat's price direction in advance. Along with the technical and fundamental analysis of Organic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Organic 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.