Ashfaq Textile Stock Forecast - Day Typical Price
| ASHT Stock | 16.07 1.57 10.83% |
Ashfaq Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ashfaq Textile stock prices and determine the direction of Ashfaq Textile Mills's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ashfaq Textile's historical fundamentals, such as revenue growth or operating cash flow patterns.
Ashfaq |
| Previous Day Typical Price | Day Typical Price | Trend |
| 15.55 | 15.55 |
| Check Ashfaq Textile Volatility | Backtest Ashfaq Textile | Information Ratio |
Ashfaq Textile Trading Date Momentum
| On March 04 2025 Ashfaq Textile Mills was traded for 16.07 at the closing time. The highest price during the trading period was 16.07 and the lowest recorded bid was listed for 14.50 . There was no trading activity during the period 0.0. Lack of trading volume on March 4, 2025 did not affect price variability. The overall trading delta to the current price is 9.77% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Ashfaq Textile to competition
Ashfaq Textile Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ashfaq Textile stock to make a market-neutral strategy. Peer analysis of Ashfaq Textile could also be used in its relative valuation, which is a method of valuing Ashfaq Textile by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ashfaq Textile Market Strength Events
Market strength indicators help investors to evaluate how Ashfaq Textile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ashfaq Textile shares will generate the highest return on investment. By undertsting and applying Ashfaq Textile stock market strength indicators, traders can identify Ashfaq Textile Mills entry and exit signals to maximize returns.
Ashfaq Textile Risk Indicators
The analysis of Ashfaq Textile's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ashfaq Textile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ashfaq stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.76 | |||
| Semi Deviation | 2.6 | |||
| Standard Deviation | 4.13 | |||
| Variance | 17.05 | |||
| Downside Variance | 20.29 | |||
| Semi Variance | 6.78 | |||
| Expected Short fall | (4.63) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Ashfaq Textile
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 Ashfaq Textile 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 Ashfaq Textile will appreciate offsetting losses from the drop in the long position's value.Moving against Ashfaq Stock
The ability to find closely correlated positions to Ashfaq Textile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashfaq Textile 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 Ashfaq Textile - 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 Ashfaq Textile Mills to buy it.
The correlation of Ashfaq Textile 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 Ashfaq Textile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashfaq Textile 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 Ashfaq Textile 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 Ashfaq Stock
Ashfaq Textile financial ratios help investors to determine whether Ashfaq 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 Ashfaq with respect to the benefits of owning Ashfaq Textile security.