Ghani Value (Pakistan) Market Value
| GVGL Stock | 44.28 1.60 3.75% |
| Symbol | Ghani |
Ghani Value '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 Ghani Value'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 Ghani Value.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Ghani Value on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Ghani Value Glass or generate 0.0% return on investment in Ghani Value over 30 days. Ghani Value is related to or competes with Nimir Industrial, National Foods, Pakistan Tobacco, Matco Foods, and Wah Nobel. More
Ghani Value 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 Ghani Value'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 Ghani Value Glass upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.79 | |||
| Information Ratio | 0.0375 | |||
| Maximum Drawdown | 19.12 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 3.75 |
Ghani Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ghani Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ghani Value's standard deviation. In reality, there are many statistical measures that can use Ghani Value historical prices to predict the future Ghani Value's volatility.| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | 0.106 | |||
| Total Risk Alpha | 0.0886 | |||
| Sortino Ratio | 0.0366 | |||
| Treynor Ratio | 0.5311 |
Ghani Value Glass Backtested Returns
At this point, Ghani Value is very steady. Ghani Value Glass holds Efficiency (Sharpe) Ratio of 0.0536, which attests that the entity had a 0.0536 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ghani Value Glass, which you can use to evaluate the volatility of the firm. Please check out Ghani Value's risk adjusted performance of 0.0389, and Market Risk Adjusted Performance of 0.5411 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Ghani Value has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ghani Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ghani Value is expected to be smaller as well. Ghani Value Glass right now retains a risk of 2.73%. Please check out Ghani Value market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Ghani Value will be following its current trending patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Ghani Value Glass has very good reverse predictability. Overlapping area represents the amount of predictability between Ghani Value time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ghani Value Glass price movement. The serial correlation of -0.67 indicates that around 67.0% of current Ghani Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
Ghani Value Glass lagged returns against current returns
Autocorrelation, which is Ghani Value 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 Ghani Value's stock expected returns. We can calculate the autocorrelation of Ghani Value returns to help us make a trade decision. For example, suppose you find that Ghani Value 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 |
| Timeline |
Ghani Value 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 Ghani Value stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ghani Value stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ghani Value stock over time.
Current vs Lagged Prices |
| Timeline |
Ghani Value Lagged Returns
When evaluating Ghani Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ghani Value stock have on its future price. Ghani Value 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, Ghani Value autocorrelation shows the relationship between Ghani Value stock current value and its past values and can show if there is a momentum factor associated with investing in Ghani Value Glass.
Regressed Prices |
| Timeline |
Pair Trading with Ghani Value
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 Ghani Value 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 Ghani Value will appreciate offsetting losses from the drop in the long position's value.Moving together with Ghani Stock
Moving against Ghani Stock
The ability to find closely correlated positions to Ghani Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ghani Value 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 Ghani Value - 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 Ghani Value Glass to buy it.
The correlation of Ghani Value 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 Ghani Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ghani Value Glass 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 Ghani Value 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.Other Information on Investing in Ghani Stock
Ghani Value financial ratios help investors to determine whether Ghani Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ghani with respect to the benefits of owning Ghani Value security.