Al Khair Stock Forecast - Day Median Price
| AKGL Stock | 40.35 2.35 6.18% |
AKGL |
| Previous Day Median Price | Day Median Price | Trend |
| 36.25 | 38.0 |
| Check Al Khair Volatility | Backtest Al Khair | Trend Details |
Al Khair Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Al Khair
For every potential investor in AKGL, whether a beginner or expert, Al Khair's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AKGL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AKGL. Basic forecasting techniques help filter out the noise by identifying Al Khair's price trends.Al Khair Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Al Khair stock to make a market-neutral strategy. Peer analysis of Al Khair could also be used in its relative valuation, which is a method of valuing Al Khair by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Al Khair Gadoon Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Al Khair's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Al Khair's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Al Khair Market Strength Events
Market strength indicators help investors to evaluate how Al Khair stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Al Khair shares will generate the highest return on investment. By undertsting and applying Al Khair stock market strength indicators, traders can identify Al Khair Gadoon Limited entry and exit signals to maximize returns.
Al Khair Risk Indicators
The analysis of Al Khair's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Al Khair's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akgl stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.98 | |||
| Semi Deviation | 4.58 | |||
| Standard Deviation | 5.61 | |||
| Variance | 31.5 | |||
| Downside Variance | 44.71 | |||
| Semi Variance | 20.97 | |||
| Expected Short fall | (5.42) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Al Khair
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Al Khair position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Al Khair will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Al Khair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Al Khair when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Al Khair - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Al Khair Gadoon Limited to buy it.
The correlation of Al Khair is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Al Khair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Al Khair Gadoon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Al Khair can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.