Crescent Steel (Pakistan) Price on November 21, 2024
| CSAP Stock | 101.45 1.25 1.22% |
If you're considering investing in Crescent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Crescent Steel stands at 101.45, as last reported on the 15th of December 2024, with the highest price reaching 103.85 and the lowest price hitting 100.90 during the day. Crescent Steel appears to be very steady, given 3 months investment horizon. Crescent Steel Allied 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. By analyzing Crescent Steel's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Crescent Steel's risk adjusted performance of 0.0946, and Mean Deviation of 3.86 to double-check if our risk estimates are consistent with your expectations.
Crescent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Crescent |
Sharpe Ratio = 0.1341
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Estimated Market Risk
| 4.94 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Crescent Steel 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 Crescent Steel by adding it to a well-diversified portfolio.
Crescent Steel Valuation on November 21, 2024
It is possible to determine the worth of Crescent Steel on a given historical date. On November 21, 2024 Crescent was worth 111.0 at the beginning of the trading date compared to the closed value of 109.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Crescent Steel stock. Still, in general, we apply an absolute valuation method to find Crescent Steel'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 Crescent Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Crescent Steel's related companies.
| Open | High | Low | Close | Volume | |
| 118.99 | 119.90 | 110.21 | 111.55 | 3,253,442 | |
11/21/2024 | 111.00 | 114.30 | 108.00 | 109.09 | 2,895,328 |
| 109.50 | 110.99 | 104.20 | 105.67 | 1,822,736 |
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Crescent Steel Trading Date Momentum on November 21, 2024
| On November 22 2024 Crescent Steel Allied was traded for 105.67 at the closing time. The highest price during the trading period was 110.99 and the lowest recorded bid was listed for 104.20 . The volume for the day was 1.8 M. This history from November 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.14% . The overall trading delta to the current price is 5.12% . |
Crescent Steel Allied Fundamentals Correlations and Trends
By evaluating Crescent Steel'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 Crescent Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Crescent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Crescent Steel Stock history
Crescent Steel 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 Crescent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Crescent Steel Allied 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 Crescent Steel stock prices may prove useful in developing a viable investing in Crescent Steel
Crescent Steel Stock Technical Analysis
Crescent Steel 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
Crescent Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Crescent Steel Allied 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.
Crescent Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Crescent Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Crescent Steel shares will generate the highest return on investment. By undertsting and applying Crescent Steel stock market strength indicators, traders can identify Crescent Steel Allied entry and exit signals to maximize returns
Crescent Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Crescent Steel's price direction in advance. Along with the technical and fundamental analysis of Crescent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Crescent 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 | 0.0946 | |||
| Jensen Alpha | 0.6228 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | (1.09) |
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| Volume Indicators |
Complementary Tools for Crescent Stock analysis
When running Crescent Steel's price analysis, check to measure Crescent Steel'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 Crescent Steel is operating at the current time. Most of Crescent Steel's value examination focuses on studying past and present price action to predict the probability of Crescent Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Steel's price. Additionally, you may evaluate how the addition of Crescent Steel to your portfolios can decrease your overall portfolio volatility.
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