Engro (Pakistan) Analysis

ENGRO Stock   337.76  4.52  1.36%   
Engro is fairly valued with Real Value of 326.76 and Hype Value of 337.76. The main objective of Engro stock analysis is to determine its intrinsic value, which is an estimate of what Engro is worth, separate from its market price. There are two main types of Engro's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Engro's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Engro's stock to identify patterns and trends that may indicate its future price movements.
The Engro stock is traded in Pakistan on Karachi Stock Exchange, with the market opening at 09:30:00 and closing at 15:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Pakistan.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Engro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Technical Drivers

As of the 23rd of November, Engro shows the Mean Deviation of 1.08, downside deviation of 1.22, and Coefficient Of Variation of 1869.07. Engro technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Engro Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Engro middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Engro. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Engro Outstanding Bonds

Engro issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Engro uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Engro bonds can be classified according to their maturity, which is the date when Engro has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Engro Predictive Daily Indicators

Engro intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Engro stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Engro Forecast Models

Engro's time-series forecasting models are one of many Engro's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Engro's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Engro to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Engro Stock

Engro financial ratios help investors to determine whether Engro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Engro with respect to the benefits of owning Engro security.