Agha Steel (Pakistan) Price on November 15, 2023
| AGHA Stock | 10.93 0.04 0.36% |
If you're considering investing in Agha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Agha Steel stands at 10.93, as last reported on the 15th of December 2024, with the highest price reaching 11.05 and the lowest price hitting 10.81 during the day. Agha Steel Industries secures Sharpe Ratio (or Efficiency) of -0.0787, which signifies that the company had a -0.0787% return per unit of standard deviation over the last 3 months. Agha Steel Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agha Steel's mean deviation of 2.31, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
Agha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Agha |
Sharpe Ratio = -0.0787
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| Negative Returns | AGHA |
Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Agha Steel is not performing at its full potential. However, 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 Agha Steel by adding Agha Steel to a well-diversified portfolio.
Agha Steel Valuation on November 15, 2023
It is possible to determine the worth of Agha Steel on a given historical date. On November 15, 2023 Agha was worth 14.97 at the beginning of the trading date compared to the closed value of 15.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Agha Steel stock. Still, in general, we apply an absolute valuation method to find Agha Steel'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 Agha Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Agha Steel's related companies.
| Open | High | Low | Close | Volume | |
| 15.10 | 15.10 | 14.30 | 14.42 | 1,193,694 | |
11/15/2023 | 14.97 | 15.50 | 14.81 | 15.21 | 11,114,525 |
| 15.25 | 15.64 | 14.99 | 15.15 | 4,126,984 |
| Backtest Agha Steel | | | Agha Steel History | Previous | Next |
Agha Steel Trading Date Momentum on November 15, 2023
| On November 16 2023 Agha Steel Industries was traded for 15.15 at the closing time. The highest price during the trading period was 15.64 and the lowest recorded bid was listed for 14.99 . The volume for the day was 4.1 M. This history from November 16, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.39% . The overall trading delta to the current price is 2.43% . |
Price Boundaries
Agha Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Agha Steel Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Agha Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Agha Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agha Steel shares will generate the highest return on investment. By undertsting and applying Agha Steel stock market strength indicators, traders can identify Agha Steel Industries entry and exit signals to maximize returns
Agha Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Agha Steel's price direction in advance. Along with the technical and fundamental analysis of Agha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Agha 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 | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.8243 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Agha Stock analysis
When running Agha Steel's price analysis, check to measure Agha 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 Agha Steel is operating at the current time. Most of Agha Steel's value examination focuses on studying past and present price action to predict the probability of Agha 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 Agha Steel's price. Additionally, you may evaluate how the addition of Agha Steel to your portfolios can decrease your overall portfolio volatility.
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