Bestway Cement (Pakistan) Price History

BWCL Stock   324.73  3.82  1.19%   
If you're considering investing in Bestway Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bestway Cement stands at 324.73, as last reported on the 30th of November, with the highest price reaching 330.00 and the lowest price hitting 318.00 during the day. Bestway Cement appears to be very steady, given 3 months investment horizon. Bestway Cement secures Sharpe Ratio (or Efficiency) of 0.38, which signifies that the company had a 0.38% return per unit of risk over the last 3 months. By analyzing Bestway Cement's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Bestway Cement's Coefficient Of Variation of 259.05, mean deviation of 1.0, and Risk Adjusted Performance of 0.2999 to double-check if our risk estimates are consistent with your expectations.
  
Bestway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3768

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Estimated Market Risk

 1.49
  actual daily
13
87% of assets are more volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.38
  actual daily
29
71% of assets perform better
Based on monthly moving average Bestway Cement is performing at about 29% of its full potential. 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 Bestway Cement by adding it to a well-diversified portfolio.

Bestway Cement Stock Price History Chart

There are several ways to analyze Bestway Stock price data. The simplest method is using a basic Bestway candlestick price chart, which shows Bestway Cement price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 29, 2024324.73
Lowest PriceSeptember 30, 2024228.73

Bestway Cement November 30, 2024 Stock Price Synopsis

Various analyses of Bestway Cement's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bestway Stock. It can be used to describe the percentage change in the price of Bestway Cement from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bestway Stock.
Bestway Cement Price Rate Of Daily Change 1.01 
Bestway Cement Price Daily Balance Of Power 0.32 
Bestway Cement Price Action Indicator 2.64 

Bestway Cement November 30, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Bestway Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Bestway Cement intraday prices and daily technical indicators to check the level of noise trading in Bestway Stock and then apply it to test your longer-term investment strategies against Bestway.

Bestway Stock Price History Data

The price series of Bestway Cement for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 99.89 with a coefficient of variation of 12.22. The prices are distributed with arithmetic mean of 262.76. The median price for the last 90 days is 249.54.
OpenHighLowCloseVolume
11/30/2024
 318.00  330.00  318.00  324.73 
11/29/2024 318.00  330.00  318.00  324.73  15,793 
11/28/2024 309.50  329.88  309.50  320.91  26,362 
11/27/2024 298.50  319.00  298.50  309.72  8,740 
11/26/2024 302.09  308.00  295.01  299.28  6,557 
11/25/2024 300.00  308.00  300.00  305.29  11,983 
11/22/2024 297.00  311.99  296.00  306.01  57,151 
11/21/2024 296.34  300.00  296.34  299.01  10,749 
11/20/2024 300.00  300.00  295.00  296.34  5,565 
11/19/2024 297.00  301.99  296.50  299.94  20,656 
11/18/2024 298.84  298.84  296.00  297.81  5,843 
11/15/2024 300.00  303.00  290.01  296.39  6,461 
11/14/2024 298.05  302.97  298.00  300.19  14,547 
11/13/2024 297.30  302.99  297.30  300.12  7,473 
11/12/2024 301.55  303.00  295.00  300.51  30,759 
11/11/2024 301.00  302.99  300.00  301.44  4,168 
11/08/2024 303.00  306.00  299.00  300.26  31,207 
11/07/2024 303.20  303.49  300.00  300.31  4,290 
11/06/2024 300.00  301.50  296.20  300.44  18,416 
11/05/2024 302.00  302.00  295.00  299.88  30,652 
11/04/2024 296.00  302.00  294.00  299.11  28,122 
11/01/2024 294.55  296.00  288.00  294.26  10,564 
10/31/2024 293.45  294.73  291.02  291.61  27,600 
10/30/2024 287.85  291.99  286.73  290.91  73,595 
10/29/2024 286.69  291.50  282.74  287.85  32,220 
10/28/2024 290.04  293.94  280.41  286.69  67,150 
10/25/2024 277.39  299.53  276.12  287.97  134,512 
10/24/2024 275.35  275.44  268.14  274.39  40,161 
10/23/2024 270.58  274.47  248.25  272.15  80,425 
10/22/2024 272.43  282.01  262.84  266.95  22,643 
10/21/2024 252.28  269.59  252.28  268.84  16,273 
10/18/2024 251.11  253.06  244.78  251.87  31,550 
10/17/2024 250.14  253.54  249.16  249.83  4,422 
10/16/2024 241.76  253.06  240.40  249.54  7,899 
10/15/2024 237.48  242.35  237.48  241.76  9,773 
10/14/2024 239.24  241.38  235.54  236.64  12,194 
10/11/2024 239.41  240.36  235.54  239.79  1,986 
10/10/2024 241.59  242.45  237.48  239.42  5,415 
10/09/2024 237.05  241.38  237.00  240.52  23,991 
10/08/2024 238.46  238.46  234.56  237.33  4,602 
10/07/2024 234.53  238.45  234.53  234.72  4,492 
10/04/2024 230.19  235.54  230.19  234.53  10,979 
10/03/2024 230.67  233.35  229.70  230.67  3,433 
10/02/2024 232.59  232.59  227.75  230.15  7,378 
10/01/2024 232.62  232.62  228.72  229.16  6,458 
09/30/2024 237.47  237.48  226.78  228.73  23,469 
09/27/2024 241.28  241.28  223.86  233.87  33,085 
09/26/2024 242.79  242.79  237.54  237.85  3,017 
09/25/2024 236.51  242.14  234.57  237.91  2,726 
09/24/2024 234.56  237.48  234.56  237.41  989.00 
09/23/2024 241.37  241.37  234.17  237.99  2,092 
09/20/2024 234.85  239.92  234.85  238.47  3,303 
09/19/2024 233.86  238.46  233.62  237.78  6,978 
09/18/2024 230.70  236.51  229.73  235.77  8,595 
09/16/2024 233.59  233.59  226.35  232.61  34,072 
09/13/2024 233.59  234.08  230.77  232.07  12,086 
09/12/2024 230.67  232.42  230.67  231.77  2,956 
09/11/2024 231.65  232.51  229.62  230.09  4,124 
09/10/2024 232.52  233.58  229.22  231.29  2,613 
09/09/2024 233.09  233.09  229.70  231.65  1,712 
09/06/2024 231.79  233.35  227.75  230.19  1,974 

About Bestway Cement Stock history

Bestway Cement 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 Bestway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bestway Cement 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 Bestway Cement stock prices may prove useful in developing a viable investing in Bestway Cement

Bestway Cement Stock Technical Analysis

Bestway Cement 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.
A focus of Bestway Cement technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bestway Cement trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Bestway Cement Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bestway Cement's price direction in advance. Along with the technical and fundamental analysis of Bestway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bestway 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.

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When running Bestway Cement's price analysis, check to measure Bestway Cement'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 Bestway Cement is operating at the current time. Most of Bestway Cement's value examination focuses on studying past and present price action to predict the probability of Bestway Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bestway Cement's price. Additionally, you may evaluate how the addition of Bestway Cement to your portfolios can decrease your overall portfolio volatility.
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