Bank of Punjab (Pakistan) Technical Analysis
| BOP Stock | 9.20 0.35 3.95% |
As of the 2nd of December, Bank of Punjab shows the Mean Deviation of 1.91, coefficient of variation of 337.09, and Risk Adjusted Performance of 0.2343. Bank of Punjab technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bank of Punjab value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Bank of Punjab is priced correctly, providing market reflects its regular price of 9.2 per share.
Bank of Punjab Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BankBank |
Bank of Punjab 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.
Bank of Punjab Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bank of Punjab volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bank of Punjab Trend Analysis
Use this graph to draw trend lines for Bank of Punjab. You can use it to identify possible trend reversals for Bank of Punjab as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bank of Punjab price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bank of Punjab Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bank of Punjab applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Bank of Punjab will continue generating value for investors. It has 122 observation points and a regression sum of squares at 87.88, which is the sum of squared deviations for the predicted Bank of Punjab price change compared to its average price change.About Bank of Punjab Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bank of Punjab on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bank of Punjab based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bank of Punjab price pattern first instead of the macroeconomic environment surrounding Bank of Punjab. By analyzing Bank of Punjab's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bank of Punjab's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bank of Punjab specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bank of Punjab December 2, 2024 Technical Indicators
Most technical analysis of Bank help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bank from various momentum indicators to cycle indicators. When you analyze Bank charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2343 | |||
| Market Risk Adjusted Performance | 1.64 | |||
| Mean Deviation | 1.91 | |||
| Downside Deviation | 1.18 | |||
| Coefficient Of Variation | 337.09 | |||
| Standard Deviation | 3.14 | |||
| Variance | 9.86 | |||
| Information Ratio | 0.2528 | |||
| Jensen Alpha | 0.8496 | |||
| Total Risk Alpha | 0.3974 | |||
| Sortino Ratio | 0.6729 | |||
| Treynor Ratio | 1.63 | |||
| Maximum Drawdown | 11.72 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 7.46 | |||
| Downside Variance | 1.39 | |||
| Semi Variance | (0.10) | |||
| Expected Short fall | (2.55) | |||
| Skewness | 2.7 | |||
| Kurtosis | 8.14 |
Additional Tools for Bank Stock Analysis
When running Bank of Punjab's price analysis, check to measure Bank of Punjab'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 Bank of Punjab is operating at the current time. Most of Bank of Punjab's value examination focuses on studying past and present price action to predict the probability of Bank of Punjab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Punjab's price. Additionally, you may evaluate how the addition of Bank of Punjab to your portfolios can decrease your overall portfolio volatility.