Allied Bank (Pakistan) Price on December 9, 2024
| ABL Stock | 132.26 7.29 5.22% |
If you're considering investing in Allied Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allied Bank stands at 132.26, as last reported on the 15th of December 2024, with the highest price reaching 139.98 and the lowest price hitting 132.00 during the day. Allied Bank appears to be very steady, given 3 months investment horizon. Allied Bank secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Allied Bank, which you can use to evaluate the volatility of the firm. Please makes use of Allied Bank's Risk Adjusted Performance of 0.1483, mean deviation of 1.35, and Downside Deviation of 1.75 to double-check if our risk estimates are consistent with your expectations.
Allied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allied |
Sharpe Ratio = 0.196
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Allied Bank is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allied Bank by adding it to a well-diversified portfolio.
Allied Bank Valuation on December 9, 2024
It is possible to determine the worth of Allied Bank on a given historical date. On December 9, 2024 Allied was worth 150.64 at the beginning of the trading date compared to the closed value of 145.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allied Bank stock. Still, in general, we apply an absolute valuation method to find Allied Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allied Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allied Bank's related companies.
| Open | High | Low | Close | Volume | |
| 152.98 | 152.98 | 145.00 | 150.63 | 26,179 | |
12/09/2024 | 150.64 | 150.64 | 145.50 | 145.94 | 51,728 |
| 145.95 | 147.50 | 139.69 | 141.21 | 84,331 |
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Allied Bank Trading Date Momentum on December 9, 2024
| On December 10 2024 Allied Bank was traded for 141.21 at the closing time. The highest price during the trading period was 147.50 and the lowest recorded bid was listed for 139.69 . The volume for the day was 84.3 K. This history from December 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.24% . The overall trading delta to the current price is 4.55% . |
Allied Bank Fundamentals Correlations and Trends
By evaluating Allied Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allied Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allied financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allied Bank Stock history
Allied Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allied is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allied Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allied Bank stock prices may prove useful in developing a viable investing in Allied Bank
Allied Bank Stock Technical Analysis
Allied Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Allied Bank Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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Allied Bank December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Allied Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allied Bank shares will generate the highest return on investment. By undertsting and applying Allied Bank stock market strength indicators, traders can identify Allied Bank entry and exit signals to maximize returns
Allied Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allied Bank's price direction in advance. Along with the technical and fundamental analysis of Allied Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allied to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1483 | |||
| Jensen Alpha | 0.3642 | |||
| Total Risk Alpha | 0.131 | |||
| Sortino Ratio | 0.1629 | |||
| Treynor Ratio | 2.9 |
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Additional Tools for Allied Stock Analysis
When running Allied Bank's price analysis, check to measure Allied Bank'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 Allied Bank is operating at the current time. Most of Allied Bank's value examination focuses on studying past and present price action to predict the probability of Allied Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Bank's price. Additionally, you may evaluate how the addition of Allied Bank to your portfolios can decrease your overall portfolio volatility.