Ghandhara Automobile (Pakistan) Price on November 22, 2024
| GAL Stock | 251.35 14.72 5.53% |
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 251.35, as last reported on the 23rd of November, with the highest price reaching 270.25 and the lowest price hitting 247.90 during the day. Currently, Ghandhara Automobile is very steady. Ghandhara Automobile holds Efficiency (Sharpe) Ratio of 0.0303, which attests that the entity had a 0.0303% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ghandhara Automobile, which you can use to evaluate the volatility of the firm. Please check out Ghandhara Automobile's risk adjusted performance of 0.0225, and Market Risk Adjusted Performance of (0.34) to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Ghandhara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ghandhara |
Sharpe Ratio = 0.0303
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Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ghandhara Automobile is performing at about 2% 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 Ghandhara Automobile by adding it to a well-diversified portfolio.
Ghandhara Automobile Valuation on November 22, 2024
It is possible to determine the worth of Ghandhara Automobile on a given historical date. On November 22, 2024 Ghandhara was worth 270.0 at the beginning of the trading date compared to the closed value of 251.35. 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 | |
| 267.25 | 273.89 | 263.26 | 266.07 | 3,184,584 | |
11/22/2024 | 270.00 | 270.25 | 247.90 | 251.35 | 2,886,949 |
| Backtest Ghandhara Automobile | | | Ghandhara Automobile History | Previous |
Ghandhara Automobile Trading Date Momentum on November 22, 2024
| On November 22 2024 Ghandhara Automobile was traded for 251.35 at the closing time. The highest price during the trading period was 270.25 and the lowest recorded bid was listed for 247.90 . The volume for the day was 2.9 M. This history from November 22, 2024 did not cause price change. The overall trading delta to the current price is 7.42% . |
Price Boundaries
Ghandhara Automobile Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Ghandhara Automobile November 23, 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 | 0.0225 | |||
| Jensen Alpha | 0.0795 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.35) |
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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.