Ghandhara Automobile (Pakistan) Price on September 10, 2024
| GAL Stock | 243.74 3.37 1.36% |
If you're considering investing in Ghandhara Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ghandhara Automobile stands at 243.74, as last reported on the 30th of November, with the highest price reaching 249.00 and the lowest price hitting 241.50 during the day. Currently, Ghandhara Automobile is very steady. Ghandhara Automobile holds Efficiency (Sharpe) Ratio of 0.0066, which attests that the entity had a 0.0066% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Ghandhara Automobile, which you can use to evaluate the volatility of the firm. Please check out Ghandhara Automobile's market risk adjusted performance of 0.0574, and Risk Adjusted Performance of 0.0021 to validate if the risk estimate we provide is consistent with the expected return of 0.0253%.
Ghandhara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ghandhara |
Sharpe Ratio = 0.0066
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| Negative Returns | GAL |
Estimated Market Risk
| 3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ghandhara Automobile 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 Ghandhara Automobile by adding Ghandhara Automobile to a well-diversified portfolio.
Ghandhara Automobile Valuation on September 10, 2024
It is possible to determine the worth of Ghandhara Automobile on a given historical date. On September 10, 2024 Ghandhara was worth 247.0 at the beginning of the trading date compared to the closed value of 252.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ghandhara Automobile stock. Still, in general, we apply an absolute valuation method to find Ghandhara Automobile'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 Ghandhara Automobile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ghandhara Automobile's related companies.
| Open | High | Low | Close | Volume | |
| 260.00 | 260.00 | 246.21 | 248.22 | 779,816 | |
09/10/2024 | 247.00 | 254.99 | 243.98 | 252.91 | 972,267 |
| 254.01 | 261.60 | 254.01 | 255.15 | 1,523,442 |
| Backtest Ghandhara Automobile | | | Ghandhara Automobile History | Previous | Next |
Ghandhara Automobile Trading Date Momentum on September 10, 2024
| On September 11 2024 Ghandhara Automobile was traded for 255.15 at the closing time. The highest price during the trading period was 261.60 and the lowest recorded bid was listed for 254.01 . The volume for the day was 1.5 M. This history from September 11, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 0.89% . The overall trading delta to the current price is 7.87% . |
Price Boundaries
Ghandhara Automobile Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Ghandhara Automobile 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.
Ghandhara Automobile November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ghandhara Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ghandhara Automobile shares will generate the highest return on investment. By undertsting and applying Ghandhara Automobile stock market strength indicators, traders can identify Ghandhara Automobile entry and exit signals to maximize returns
Ghandhara Automobile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ghandhara Automobile's price direction in advance. Along with the technical and fundamental analysis of Ghandhara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ghandhara 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 | 0.0021 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 0.0474 |
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Additional Tools for Ghandhara Stock Analysis
When running Ghandhara Automobile's price analysis, check to measure Ghandhara Automobile'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 Ghandhara Automobile is operating at the current time. Most of Ghandhara Automobile's value examination focuses on studying past and present price action to predict the probability of Ghandhara Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ghandhara Automobile's price. Additionally, you may evaluate how the addition of Ghandhara Automobile to your portfolios can decrease your overall portfolio volatility.