OK ZIMBABWE (Zimbabwe) Price on November 22, 2024
| OKZ Stock | 53.00 1.00 1.85% |
If you're considering investing in OKZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of OK ZIMBABWE stands at 53.00, as last reported on the 28th of December, with the highest price reaching 54.00 and the lowest price hitting 53.00 during the day. OK ZIMBABWE LIMITED retains Efficiency (Sharpe Ratio) of -0.12, which implies the firm had a -0.12% return per unit of price deviation over the last 3 months. OK ZIMBABWE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OK ZIMBABWE's information ratio of (0.15), and Market Risk Adjusted Performance of 0.3759 to confirm the risk estimate we provide.
OKZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OKZ |
Sharpe Ratio = -0.1212
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| Negative Returns | OKZ |
Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OK ZIMBABWE is not performing at its full potential. However, 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 OK ZIMBABWE by adding OK ZIMBABWE to a well-diversified portfolio.
OK ZIMBABWE Valuation on November 22, 2024
It is possible to determine the worth of OK ZIMBABWE on a given historical date. On November 22, 2024 OKZ was worth 74.2 at the beginning of the trading date compared to the closed value of 74.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OK ZIMBABWE stock. Still, in general, we apply an absolute valuation method to find OK ZIMBABWE'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 OK ZIMBABWE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OK ZIMBABWE's related companies.
| Open | High | Low | Close | Volume | |
| 74.25 | 74.25 | 74.20 | 74.20 | 2,600 | |
11/22/2024 | 74.20 | 74.25 | 74.20 | 74.25 | 4,300 |
| 74.25 | 74.25 | 63.15 | 63.15 | 180,700 |
| Backtest OK ZIMBABWE | | | OK ZIMBABWE History | Previous | Next |
OK ZIMBABWE Trading Date Momentum on November 22, 2024
| On November 25 2024 OK ZIMBABWE LIMITED was traded for 63.15 at the closing time. The highest price during the trading period was 74.25 and the lowest recorded bid was listed for 63.15 . The volume for the day was 180.7 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 14.95% . The trading delta at closing time to the current price is 11.50% . |
Price Boundaries
OK ZIMBABWE Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
OK ZIMBABWE LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Zimbabwe 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.
OK ZIMBABWE December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how OK ZIMBABWE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OK ZIMBABWE shares will generate the highest return on investment. By undertsting and applying OK ZIMBABWE stock market strength indicators, traders can identify OK ZIMBABWE LIMITED entry and exit signals to maximize returns
OK ZIMBABWE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OK ZIMBABWE's price direction in advance. Along with the technical and fundamental analysis of OKZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OKZ 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 | (0.10) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 0.3659 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for OKZ Stock analysis
When running OK ZIMBABWE's price analysis, check to measure OK ZIMBABWE'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 OK ZIMBABWE is operating at the current time. Most of OK ZIMBABWE's value examination focuses on studying past and present price action to predict the probability of OK ZIMBABWE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OK ZIMBABWE's price. Additionally, you may evaluate how the addition of OK ZIMBABWE to your portfolios can decrease your overall portfolio volatility.
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