Bank Alfalah (Pakistan) Price on November 26, 2024
| BAFL Stock | 81.89 3.45 4.40% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Alfalah stands at 81.89, as last reported on the 30th of November, with the highest price reaching 82.50 and the lowest price hitting 78.00 during the day. Bank Alfalah appears to be very steady, given 3 months investment horizon. Bank Alfalah secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. By analyzing Bank Alfalah's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Bank Alfalah's Risk Adjusted Performance of 0.1935, mean deviation of 1.75, and Downside Deviation of 1.47 to double-check if our risk estimates are consistent with your expectations.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.2632
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BAFL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Bank Alfalah is performing at about 20% 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 Bank Alfalah by adding it to a well-diversified portfolio.
Bank Alfalah Valuation on November 26, 2024
It is possible to determine the worth of Bank Alfalah on a given historical date. On November 26, 2024 Bank was worth 74.29 at the beginning of the trading date compared to the closed value of 75.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Alfalah stock. Still, in general, we apply an absolute valuation method to find Bank Alfalah'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 Bank Alfalah where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Alfalah's related companies.
| Open | High | Low | Close | Volume | |
| 73.47 | 78.38 | 71.31 | 74.29 | 2,818,227 | |
11/26/2024 | 74.29 | 81.72 | 73.00 | 75.75 | 9,749,937 |
| 76.07 | 81.99 | 76.07 | 81.96 | 3,859,594 |
| Backtest Bank Alfalah | | | Bank Alfalah History | | | Bank Alfalah Valuation | Previous | Next |
Bank Alfalah Trading Date Momentum on November 26, 2024
| On November 27 2024 Bank Alfalah was traded for 81.96 at the closing time. The highest price during the trading period was 81.99 and the lowest recorded bid was listed for 76.07 . The volume for the day was 3.9 M. This history from November 27, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 8.20% . The overall trading delta to the current price is 2.97% . |
Bank Alfalah Fundamentals Correlations and Trends
By evaluating Bank Alfalah's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank Alfalah's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank Alfalah Stock history
Bank Alfalah 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Alfalah 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 Bank Alfalah stock prices may prove useful in developing a viable investing in Bank Alfalah
Bank Alfalah Stock Technical Analysis
Bank Alfalah 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.
Price Boundaries
Bank Alfalah Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Bank Alfalah 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.
Bank Alfalah November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Alfalah stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Alfalah shares will generate the highest return on investment. By undertsting and applying Bank Alfalah stock market strength indicators, traders can identify Bank Alfalah entry and exit signals to maximize returns
Bank Alfalah Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Alfalah's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.1935 | |||
| Jensen Alpha | 0.5705 | |||
| Total Risk Alpha | 0.1763 | |||
| Sortino Ratio | 0.3074 | |||
| Treynor Ratio | 8.81 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bank Stock analysis
When running Bank Alfalah's price analysis, check to measure Bank Alfalah'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 Alfalah is operating at the current time. Most of Bank Alfalah's value examination focuses on studying past and present price action to predict the probability of Bank Alfalah'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 Alfalah's price. Additionally, you may evaluate how the addition of Bank Alfalah to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |