Adamjee Insurance (Pakistan) Price on September 4, 2024
| AICL Stock | 39.54 0.73 1.88% |
If you're considering investing in Adamjee Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adamjee Insurance stands at 39.54, as last reported on the 3rd of November, with the highest price reaching 39.80 and the lowest price hitting 38.53 during the day. Adamjee Insurance appears to be very steady, given 3 months investment horizon. Adamjee Insurance secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Adamjee Insurance, which you can use to evaluate the volatility of the firm. Please makes use of Adamjee Insurance's mean deviation of 1.56, and Risk Adjusted Performance of 0.0862 to double-check if our risk estimates are consistent with your expectations.
Adamjee Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adamjee |
Sharpe Ratio = 0.1288
| Best Portfolio | Best Equity | |||
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| Small Returns | AICL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Adamjee Insurance is performing at about 10% 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 Adamjee Insurance by adding it to a well-diversified portfolio.
Adamjee Insurance Valuation on September 4, 2024
It is possible to determine the worth of Adamjee Insurance on a given historical date. On September 4, 2024 Adamjee was worth 33.53 at the beginning of the trading date compared to the closed value of 34.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adamjee Insurance stock. Still, in general, we apply an absolute valuation method to find Adamjee Insurance'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 Adamjee Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adamjee Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 34.38 | 34.39 | 33.63 | 33.72 | 120,919 | |
09/04/2024 | 33.53 | 34.73 | 33.53 | 34.29 | 69,788 |
| 34.50 | 34.90 | 34.00 | 34.53 | 78,055 |
| Backtest Adamjee Insurance | | | Adamjee Insurance History | | | Adamjee Insurance Valuation | Previous | Next |
Adamjee Insurance Trading Date Momentum on September 4, 2024
| On September 05 2024 Adamjee Insurance was traded for 34.53 at the closing time. The highest price during the trading period was 34.90 and the lowest recorded bid was listed for 34.00 . The volume for the day was 78.1 K. This history from September 5, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.70% . The overall trading delta to the current price is 2.04% . |
Adamjee Insurance Fundamentals Correlations and Trends
By evaluating Adamjee Insurance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Adamjee Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adamjee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adamjee Insurance Stock history
Adamjee Insurance 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 Adamjee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adamjee Insurance 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 Adamjee Insurance stock prices may prove useful in developing a viable investing in Adamjee Insurance
Adamjee Insurance Stock Technical Analysis
Adamjee Insurance 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
Adamjee Insurance Period Price Range
Low | November 3, 2024
| High |
0.00 | 0.00 |
Adamjee Insurance 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.
Adamjee Insurance November 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Adamjee Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adamjee Insurance shares will generate the highest return on investment. By undertsting and applying Adamjee Insurance stock market strength indicators, traders can identify Adamjee Insurance entry and exit signals to maximize returns
Adamjee Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adamjee Insurance's price direction in advance. Along with the technical and fundamental analysis of Adamjee Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adamjee 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 | 0.0862 | |||
| Jensen Alpha | 0.274 | |||
| Total Risk Alpha | 0.0617 | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | (0.27) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Adamjee Stock analysis
When running Adamjee Insurance's price analysis, check to measure Adamjee Insurance'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 Adamjee Insurance is operating at the current time. Most of Adamjee Insurance's value examination focuses on studying past and present price action to predict the probability of Adamjee Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adamjee Insurance's price. Additionally, you may evaluate how the addition of Adamjee Insurance to your portfolios can decrease your overall portfolio volatility.
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