Crescent Steel (Pakistan) Price Patterns
| CSAP Stock | 134.90 3.63 2.62% |
Momentum 72
Buy Stretched
Oversold | Overbought |
Using Crescent Steel hype-based prediction, you can estimate the value of Crescent Steel Allied from the perspective of Crescent Steel response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Crescent Steel to buy its stock at a price that has no basis in reality. In that case, they are not buying Crescent because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Crescent Steel after-hype prediction price | PKR 134.9 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Crescent |
Crescent Steel After-Hype Price Density Analysis
As far as predicting the price of Crescent Steel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Crescent Steel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Crescent Steel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Crescent Steel Estimiated After-Hype Price Volatility
In the context of predicting Crescent Steel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Crescent Steel's historical news coverage. Crescent Steel's after-hype downside and upside margins for the prediction period are 132.85 and 136.95, respectively. We have considered Crescent Steel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Crescent Steel is very steady at this time. Analysis and calculation of next after-hype price of Crescent Steel Allied is based on 3 months time horizon.
Crescent Steel Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Crescent Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Crescent Steel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Crescent Steel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.46 | 2.05 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
134.90 | 134.90 | 0.00 |
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Crescent Steel Hype Timeline
Crescent Steel Allied is currently traded for 134.90on Karachi Stock Exchange of Pakistan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Crescent is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.46%. %. The volatility of related hype on Crescent Steel is about 0.0%, with the expected price after the next announcement by competition of 134.90. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Crescent Steel Basic Forecasting Models to cross-verify your projections.Crescent Steel Related Hype Analysis
Having access to credible news sources related to Crescent Steel's direct competition is more important than ever and may enhance your ability to predict Crescent Steel's future price movements. Getting to know how Crescent Steel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Crescent Steel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AKBL-CJAN | Askari Bank | 0.00 | 0 per month | 1.06 | 0.18 | 4.63 | (2.12) | 7.93 | |
| CENI | Century Insurance | 0.00 | 0 per month | 1.78 | 0.07 | 3.60 | (4.07) | 12.59 | |
| MEBL | Meezan Bank | 0.00 | 0 per month | 1.09 | 0.08 | 3.25 | (2.20) | 9.44 | |
| PAKRI | Pakistan Reinsurance | 0.00 | 0 per month | 1.96 | 0.09 | 5.86 | (3.98) | 20.03 | |
| SBL | Samba Bank | 0.00 | 0 per month | 2.19 | 0.04 | 9.99 | (3.69) | 16.43 | |
| AKGL | Al Khair Gadoon Limited | 0.00 | 0 per month | 2.49 | 0.02 | 7.36 | (6.69) | 19.91 | |
| JSIL | JS Investments | 0.00 | 0 per month | 3.34 | 0.01 | 6.57 | (5.68) | 17.25 | |
| UVIC | Universal Insurance | 0.00 | 0 per month | 0.00 | (0.02) | 9.21 | (8.06) | 19.58 |
Crescent Steel Additional Predictive Modules
Most predictive techniques to examine Crescent price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Crescent using various technical indicators. When you analyze Crescent charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Crescent Steel Predictive Indicators
The successful prediction of Crescent Steel stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Crescent Steel Allied, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Crescent Steel based on analysis of Crescent Steel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Crescent Steel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Crescent Steel's related companies.
Pair Trading with Crescent 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 Crescent 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 Crescent Steel will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.73 | OGDC | Oil and Gas | PairCorr |
| 0.66 | PSO | Pakistan State Oil | PairCorr |
| 0.88 | PPL | Pakistan Petroleum | PairCorr |
| 0.65 | FFC | Fauji Fertilizer | PairCorr |
The ability to find closely correlated positions to Crescent 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 Crescent 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 Crescent 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 Crescent Steel Allied to buy it.
The correlation of Crescent 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 Crescent Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Steel Allied 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 Crescent 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.Complementary Tools for Crescent Stock analysis
When running Crescent Steel's price analysis, check to measure Crescent Steel'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 Crescent Steel is operating at the current time. Most of Crescent Steel's value examination focuses on studying past and present price action to predict the probability of Crescent Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Steel's price. Additionally, you may evaluate how the addition of Crescent Steel to your portfolios can decrease your overall portfolio volatility.
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