Al Khair (Pakistan) Price on November 18, 2024
| AKGL Stock | 38.00 0.00 0.00% |
If you're considering investing in AKGL Stock, it is important to understand the factors that can impact its price. As of today, the current price of Al Khair stands at 38.00, as last reported on the 3rd of December, with the highest price reaching 38.00 and the lowest price hitting 38.00 during the day. Al Khair appears to be somewhat reliable, given 3 months investment horizon. Al Khair Gadoon retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. By examining Al Khair's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please makes use of Al Khair's Market Risk Adjusted Performance of 0.2395, coefficient of variation of 764.17, and Standard Deviation of 5.68 to double-check if our risk estimates are consistent with your expectations.
AKGL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AKGL |
Sharpe Ratio = 0.1073
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Estimated Market Risk
| 7.38 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Al Khair is performing at about 8% 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 Al Khair by adding it to a well-diversified portfolio.
Al Khair Valuation on November 18, 2024
It is possible to determine the worth of Al Khair on a given historical date. On November 18, 2024 AKGL was worth 30.6 at the beginning of the trading date compared to the closed value of 34.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Al Khair stock. Still, in general, we apply an absolute valuation method to find Al Khair'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 Al Khair where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Al Khair's related companies.
| Open | High | Low | Close | Volume | |
| 34.00 | 34.00 | 34.00 | 34.00 | 2.00 | |
11/18/2024 | 30.60 | 34.00 | 30.60 | 34.00 | 11.00 |
| 31.00 | 34.00 | 31.00 | 34.00 | 3.00 |
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Al Khair Trading Date Momentum on November 18, 2024
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.Price Boundaries
Al Khair Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Al Khair Gadoon Limited 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.
Al Khair December 3, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Al Khair's price direction in advance. Along with the technical and fundamental analysis of AKGL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AKGL 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 | 0.1086 | |||
| Jensen Alpha | 0.368 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0921 | |||
| Treynor Ratio | 0.2295 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AKGL Stock analysis
When running Al Khair's price analysis, check to measure Al Khair'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 Al Khair is operating at the current time. Most of Al Khair's value examination focuses on studying past and present price action to predict the probability of Al Khair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Al Khair's price. Additionally, you may evaluate how the addition of Al Khair to your portfolios can decrease your overall portfolio volatility.
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