Habib Insurance (Pakistan) Price on December 3, 2024
| HICL Stock | 8.74 0.35 4.17% |
If you're considering investing in Habib Stock, it is important to understand the factors that can impact its price. As of today, the current price of Habib Insurance stands at 8.74, as last reported on the 11th of December 2024, with the highest price reaching 9.39 and the lowest price hitting 8.39 during the day. Habib Insurance appears to be slightly risky, given 3 months investment horizon. Habib Insurance holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. By evaluating Habib Insurance's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Habib Insurance's Market Risk Adjusted Performance of (0.75), risk adjusted performance of 0.0983, and Downside Deviation of 4.67 to validate if our risk estimates are consistent with your expectations.
Habib Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Habib |
Sharpe Ratio = 0.1678
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HICL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Habib Insurance is performing at about 13% 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 Habib Insurance by adding it to a well-diversified portfolio.
Habib Insurance Valuation on December 3, 2024
It is possible to determine the worth of Habib Insurance on a given historical date. On December 3, 2024 Habib was worth 7.23 at the beginning of the trading date compared to the closed value of 7.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Habib Insurance stock. Still, in general, we apply an absolute valuation method to find Habib 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 Habib Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Habib Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 6.99 | 7.37 | 6.99 | 7.10 | 13,163 | |
12/03/2024 | 7.23 | 7.23 | 7.05 | 7.12 | 757.00 |
| 7.23 | 7.37 | 7.00 | 7.18 | 4,502 |
| Backtest Habib Insurance | | | Habib Insurance History | | | Habib Insurance Valuation | Previous | Next |
Habib Insurance Trading Date Momentum on December 3, 2024
| On December 04 2024 Habib Insurance was traded for 7.18 at the closing time. The highest price during the trading period was 7.37 and the lowest recorded bid was listed for 7.00 . The volume for the day was 4.5 K. This history from December 4, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.84% . The trading delta at closing time to the current price is 31.32% . |
About Habib Insurance Stock history
Habib 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 Habib is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Habib 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 Habib Insurance stock prices may prove useful in developing a viable investing in Habib Insurance
Habib Insurance Stock Technical Analysis
Habib 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
Habib Insurance Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Habib 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.
Habib Insurance December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Habib 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 Habib Insurance shares will generate the highest return on investment. By undertsting and applying Habib Insurance stock market strength indicators, traders can identify Habib Insurance entry and exit signals to maximize returns
Habib Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Habib Insurance's price direction in advance. Along with the technical and fundamental analysis of Habib Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Habib 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 | 0.0983 | |||
| Jensen Alpha | 0.534 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0749 | |||
| Treynor Ratio | (0.76) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Habib Stock analysis
When running Habib Insurance's price analysis, check to measure Habib 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 Habib Insurance is operating at the current time. Most of Habib Insurance's value examination focuses on studying past and present price action to predict the probability of Habib 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 Habib Insurance's price. Additionally, you may evaluate how the addition of Habib Insurance to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |