Aisha Steel (Pakistan) Market Value
| ASLCPS Stock | 87.92 0.25 0.28% |
| Symbol | Aisha |
Aisha Steel '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 Aisha Steel'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 Aisha Steel.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Aisha Steel on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Aisha Steel Mills or generate 0.0% return on investment in Aisha Steel over 90 days.
Aisha Steel 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 Aisha Steel'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 Aisha Steel Mills upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.62 | |||
| Value At Risk | (9.97) | |||
| Potential Upside | 9.33 |
Aisha Steel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aisha Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aisha Steel's standard deviation. In reality, there are many statistical measures that can use Aisha Steel historical prices to predict the future Aisha Steel's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 6.97 |
Aisha Steel January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 6.98 | |||
| Mean Deviation | 3.25 | |||
| Coefficient Of Variation | (841.80) | |||
| Standard Deviation | 4.84 | |||
| Variance | 23.41 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 6.97 | |||
| Maximum Drawdown | 19.62 | |||
| Value At Risk | (9.97) | |||
| Potential Upside | 9.33 | |||
| Skewness | (0.10) | |||
| Kurtosis | 0.4644 |
Aisha Steel Mills Backtested Returns
Aisha Steel Mills secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21 % return per unit of risk over the last 3 months. Aisha Steel Mills exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aisha Steel's Risk Adjusted Performance of (0.08), mean deviation of 3.25, and Standard Deviation of 4.84 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0839, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aisha Steel are expected to decrease at a much lower rate. During the bear market, Aisha Steel is likely to outperform the market. At this point, Aisha Steel Mills has a negative expected return of -0.97%. Please make sure to confirm Aisha Steel's skewness, as well as the relationship between the day median price and relative strength index , to decide if Aisha Steel Mills performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Aisha Steel Mills has good predictability. Overlapping area represents the amount of predictability between Aisha Steel time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aisha Steel Mills price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Aisha Steel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 62.62 |
Pair Trading with Aisha Steel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aisha Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aisha Steel will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aisha Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aisha Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aisha Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aisha Steel Mills to buy it.
The correlation of Aisha Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aisha Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aisha Steel Mills moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aisha Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.