Asia Insurance (Pakistan) Technical Analysis

Asia Insurance appears to be somewhat reliable, given 3 months investment horizon. Asia Insurance secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. By analyzing Asia Insurance's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Asia Insurance's Risk Adjusted Performance of 0.0561, mean deviation of 2.17, and Downside Deviation of 8.1 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asia Insurance holds a performance score of 13. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asia Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Insurance is expected to be smaller as well. Please check Asia Insurance's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Asia Insurance's price patterns will revert.