K Electric (Pakistan) Price on August 28, 2023
| KEL Stock | 6.40 0.49 8.29% |
If you're considering investing in KEL Stock, it is important to understand the factors that can impact its price. As of today, the current price of K Electric stands at 6.40, as last reported on the 12th of December 2024, with the highest price reaching 6.49 and the lowest price hitting 6.15 during the day. K Electric appears to be relatively risky, given 3 months investment horizon. K Electric has Sharpe Ratio of 0.2, which conveys that the company had a 0.2% return per unit of risk over the last 3 months. By examining K Electric's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise K Electric's Semi Deviation of 2.74, mean deviation of 3.03, and Downside Deviation of 3.26 to check out if our risk estimates are consistent with your expectations.
KEL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
KEL |
Sharpe Ratio = 0.197
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KEL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average K Electric is performing at about 15% 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 K Electric by adding it to a well-diversified portfolio.
K Electric Valuation on August 28, 2023
It is possible to determine the worth of K Electric on a given historical date. On August 28, 2023 KEL was worth 2.12 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of K Electric stock. Still, in general, we apply an absolute valuation method to find K Electric'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 K Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against K Electric's related companies.
| Open | High | Low | Close | Volume | |
| 2.23 | 2.23 | 2.14 | 2.15 | 6,361,740 | |
08/28/2023 | 2.12 | 2.13 | 2.01 | 2.02 | 19,236,320 |
| 2.03 | 2.06 | 1.98 | 2.00 | 14,731,830 |
| Backtest K Electric | | | K Electric History | | | K Electric Valuation | Previous | Next |
K Electric Trading Date Momentum on August 28, 2023
| On August 29 2023 K Electric was traded for 2.00 at the closing time. The highest price during the trading period was 2.06 and the lowest recorded bid was listed for 1.98 . The volume for the day was 14.7 M. This history from August 29, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.99% . The trading delta at closing time to the current price is 4.46% . |
K Electric Fundamentals Correlations and Trends
By evaluating K Electric'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 K Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KEL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About K Electric Stock history
K Electric 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 KEL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in K Electric 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 K Electric stock prices may prove useful in developing a viable investing in K Electric
K Electric Stock Technical Analysis
K Electric 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
K Electric Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
K Electric 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.
K Electric December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how K Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading K Electric shares will generate the highest return on investment. By undertsting and applying K Electric stock market strength indicators, traders can identify K Electric entry and exit signals to maximize returns
K Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for K Electric's price direction in advance. Along with the technical and fundamental analysis of KEL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of KEL 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 | 0.1459 | |||
| Jensen Alpha | 0.8205 | |||
| Total Risk Alpha | 0.1183 | |||
| Sortino Ratio | 0.1954 | |||
| Treynor Ratio | (1.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for KEL Stock Analysis
When running K Electric's price analysis, check to measure K Electric'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 K Electric is operating at the current time. Most of K Electric's value examination focuses on studying past and present price action to predict the probability of K Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K Electric's price. Additionally, you may evaluate how the addition of K Electric to your portfolios can decrease your overall portfolio volatility.