Millat Tractors (Pakistan) Price History

MTL Stock   595.21  2.37  0.40%   
If you're considering investing in Millat Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millat Tractors stands at 595.21, as last reported on the 3rd of December, with the highest price reaching 601.59 and the lowest price hitting 593.00 during the day. Currently, Millat Tractors is very steady. Millat Tractors has Sharpe Ratio of 3.0E-4, which conveys that the firm had a 3.0E-4% return per unit of risk over the last 3 months. We have found thirty technical indicators for Millat Tractors, which you can use to evaluate the volatility of the firm. Please verify Millat Tractors' Mean Deviation of 1.16, risk adjusted performance of 0.031, and Downside Deviation of 1.53 to check out if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
  
Millat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 3.0E-4

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Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Millat Tractors 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 Millat Tractors by adding Millat Tractors to a well-diversified portfolio.

Millat Tractors Stock Price History Chart

There are several ways to analyze Millat Stock price data. The simplest method is using a basic Millat candlestick price chart, which shows Millat Tractors price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 2, 2024595.21
Lowest PriceOctober 18, 2024534.92

Millat Tractors December 3, 2024 Stock Price Synopsis

Various analyses of Millat Tractors' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Millat Stock. It can be used to describe the percentage change in the price of Millat Tractors from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Millat Stock.
Millat Tractors Price Daily Balance Of Power 0.28 
Millat Tractors Price Rate Of Daily Change 1.00 
Millat Tractors Price Action Indicator(0.90)

Millat Tractors December 3, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Millat Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Millat Tractors intraday prices and daily technical indicators to check the level of noise trading in Millat Stock and then apply it to test your longer-term investment strategies against Millat.

Millat Stock Price History Data

The price series of Millat Tractors for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 64.78 with a coefficient of variation of 3.04. The daily prices for the period are spread out with arithmetic mean of 563.69. The median price for the last 90 days is 556.46. The company underwent 2:3 stock split on 8th of June 2023.
OpenHighLowCloseVolume
12/03/2024
 596.06  601.59  593.00  595.21 
12/02/2024 596.06  601.59  593.00  595.21  252,140 
11/29/2024 585.00  597.00  584.00  592.84  440,365 
11/28/2024 577.00  580.00  573.00  578.63  84,129 
11/27/2024 575.00  585.99  570.06  571.68  484,849 
11/26/2024 579.79  579.79  560.01  567.29  229,062 
11/25/2024 579.90  583.90  575.00  576.04  99,254 
11/22/2024 585.00  592.00  577.13  580.43  205,387 
11/21/2024 579.36  584.99  575.11  582.72  308,946 
11/20/2024 583.00  583.00  575.00  579.36  292,809 
11/19/2024 585.49  586.00  579.00  580.14  216,195 
11/18/2024 590.00  590.00  577.00  582.50  154,541 
11/15/2024 583.00  586.40  571.01  576.77  175,438 
11/14/2024 579.90  597.97  574.00  583.67  297,692 
11/13/2024 589.69  589.69  573.00  574.82  197,131 
11/12/2024 600.00  603.99  582.00  584.36  207,974 
11/11/2024 597.00  606.00  590.00  594.91  509,202 
11/08/2024 571.94  592.00  567.00  587.40  1,656,252 
11/07/2024 573.99  575.95  563.00  571.71  119,067 
11/06/2024 576.18  590.00  564.00  570.03  408,914 
11/05/2024 568.95  581.00  560.01  576.18  363,175 
11/04/2024 559.99  572.90  556.01  563.92  525,258 
11/01/2024 545.00  560.00  536.05  551.03  220,255 
10/31/2024 538.00  549.90  536.05  538.68  193,116 
10/30/2024 551.90  555.00  542.00  543.93  371,180 
10/29/2024 540.00  555.00  531.00  544.61  451,918 
10/28/2024 562.95  562.95  537.50  539.67  259,132 
10/25/2024 562.50  595.00  516.00  556.45  942,791 
10/24/2024 555.80  565.95  550.15  561.80  183,669 
10/23/2024 565.00  565.00  545.02  555.80  139,594 
10/22/2024 562.02  569.99  559.70  563.05  726,886 
10/21/2024 538.01  582.00  538.01  562.86  307,031 
10/18/2024 541.00  542.00  532.00  534.92  108,898 
10/17/2024 545.00  546.00  539.02  539.95  106,128 
10/16/2024 540.05  548.00  540.00  543.92  70,269 
10/15/2024 550.99  550.99  542.00  545.22  57,164 
10/14/2024 555.00  556.99  544.50  545.59  129,012 
10/11/2024 555.50  558.00  551.05  552.50  52,563 
10/10/2024 557.00  558.00  554.50  555.72  38,068 
10/09/2024 555.00  558.00  551.95  556.56  37,192 
10/08/2024 553.02  555.00  551.00  553.68  56,856 
10/07/2024 554.00  556.98  550.20  551.85  40,263 
10/04/2024 555.00  560.00  553.00  555.23  144,011 
10/03/2024 550.19  560.00  550.19  555.93  48,575 
10/02/2024 549.99  557.00  549.50  550.19  158,236 
10/01/2024 553.81  555.00  548.00  551.51  42,710 
09/30/2024 550.01  556.00  546.20  553.81  46,487 
09/27/2024 555.00  555.00  548.00  548.35  26,595 
09/26/2024 560.00  562.22  548.00  548.59  207,974 
09/25/2024 550.00  555.60  546.00  553.92  34,542 
09/24/2024 552.80  558.00  544.40  546.80  58,778 
09/23/2024 554.00  565.00  549.00  550.21  96,855 
09/20/2024 552.90  568.00  540.00  555.81  1,384,871 
09/19/2024 554.95  554.95  547.13  549.59  81,250 
09/18/2024 555.00  557.00  549.00  549.89  123,568 
09/16/2024 552.05  559.00  545.00  550.73  103,503 
09/13/2024 555.90  555.99  550.00  554.03  57,439 
09/12/2024 553.15  559.50  547.99  551.28  73,375 
09/11/2024 570.00  570.00  550.00  553.15  99,246 
09/10/2024 562.00  567.89  562.00  566.76  67,358 
09/09/2024 600.00  603.50  536.00  556.46  348,759 

About Millat Tractors Stock history

Millat Tractors 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 Millat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millat Tractors 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 Millat Tractors stock prices may prove useful in developing a viable investing in Millat Tractors

Millat Tractors Stock Technical Analysis

Millat Tractors 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.
A focus of Millat Tractors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Millat Tractors trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Millat Tractors Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Millat Tractors' price direction in advance. Along with the technical and fundamental analysis of Millat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millat 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.

Additional Tools for Millat Stock Analysis

When running Millat Tractors' price analysis, check to measure Millat Tractors' 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 Millat Tractors is operating at the current time. Most of Millat Tractors' value examination focuses on studying past and present price action to predict the probability of Millat Tractors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millat Tractors' price. Additionally, you may evaluate how the addition of Millat Tractors to your portfolios can decrease your overall portfolio volatility.