Anghami De Stock Market Value
| ANGH Stock | USD 0.76 0.03 4.11% |
| Symbol | Anghami |
Anghami De Price To Book Ratio
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anghami De. If investors know Anghami will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anghami De listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 1.566 | Quarterly Revenue Growth (0.18) | Return On Assets (0.36) |
The market value of Anghami De is measured differently than its book value, which is the value of Anghami that is recorded on the company's balance sheet. Investors also form their own opinion of Anghami De's value that differs from its market value or its book value, called intrinsic value, which is Anghami De's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anghami De's market value can be influenced by many factors that don't directly affect Anghami De's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anghami De's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anghami De is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anghami De's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Anghami De 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Anghami De's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Anghami De.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Anghami De on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Anghami De or generate 0.0% return on investment in Anghami De over 30 days. Anghami De is related to or competes with American Picture. Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa More
Anghami De Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Anghami De's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Anghami De upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 6.02 |
Anghami De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anghami De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anghami De's standard deviation. In reality, there are many statistical measures that can use Anghami De historical prices to predict the future Anghami De's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.46) |
Anghami De Backtested Returns
Anghami De secures Sharpe Ratio (or Efficiency) of -0.0582, which signifies that the company had a -0.0582% return per unit of standard deviation over the last 3 months. Anghami De exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anghami De's mean deviation of 2.32, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anghami De's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anghami De is expected to be smaller as well. At this point, Anghami De has a negative expected return of -0.18%. Please make sure to confirm Anghami De's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Anghami De performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Anghami De has poor predictability. Overlapping area represents the amount of predictability between Anghami De time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Anghami De price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Anghami De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anghami De lagged returns against current returns
Autocorrelation, which is Anghami De stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Anghami De's stock expected returns. We can calculate the autocorrelation of Anghami De returns to help us make a trade decision. For example, suppose you find that Anghami De has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Anghami De regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Anghami De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anghami De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anghami De stock over time.
Current vs Lagged Prices |
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Anghami De Lagged Returns
When evaluating Anghami De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anghami De stock have on its future price. Anghami De autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Anghami De autocorrelation shows the relationship between Anghami De stock current value and its past values and can show if there is a momentum factor associated with investing in Anghami De.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Anghami De offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Anghami De's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Anghami De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anghami De Stock:Check out Anghami De Correlation, Anghami De Volatility and Anghami De Alpha and Beta module to complement your research on Anghami De. For more detail on how to invest in Anghami Stock please use our How to Invest in Anghami De guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Anghami De 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.