Askari General (Pakistan) Price on December 13, 2024
| AGIC Stock | 29.93 0.64 2.19% |
If you're considering investing in Askari Stock, it is important to understand the factors that can impact its price. As of today, the current price of Askari General stands at 29.93, as last reported on the 5th of January, with the highest price reaching 29.98 and the lowest price hitting 28.36 during the day. Askari General appears to be not too volatile, given 3 months investment horizon. Askari General Insurance secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing Askari General's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of Askari General's Risk Adjusted Performance of 0.1828, downside deviation of 2.52, and Mean Deviation of 1.92 to double-check if our risk estimates are consistent with your expectations.
Askari Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Askari |
Sharpe Ratio = 0.2166
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Askari General is performing at about 17% 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 Askari General by adding it to a well-diversified portfolio.
Askari General Valuation on December 13, 2024
It is possible to determine the worth of Askari General on a given historical date. On December 13, 2024 Askari was worth 28.1 at the beginning of the trading date compared to the closed value of 27.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Askari General stock. Still, in general, we apply an absolute valuation method to find Askari General'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 Askari General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Askari General's related companies.
| Open | High | Low | Close | Volume | |
| 28.49 | 28.49 | 26.50 | 28.20 | 4,125 | |
12/13/2024 | 28.10 | 28.48 | 27.05 | 27.96 | 5,518 |
| 28.49 | 28.49 | 27.10 | 27.60 | 4,556 |
| Backtest Askari General | | | Askari General History | | | Askari General Valuation | Previous | Next |
Askari General Trading Date Momentum on December 13, 2024
| On December 16 2024 Askari General Insurance was traded for 27.60 at the closing time. The highest price during the trading period was 28.49 and the lowest recorded bid was listed for 27.10 . The volume for the day was 4.6 K. This history from December 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.29% . The overall trading delta to the current price is 5.04% . |
About Askari General Stock history
Askari General 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 Askari is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Askari General Insurance 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 Askari General stock prices may prove useful in developing a viable investing in Askari General
Askari General Stock Technical Analysis
Askari General 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
Askari General Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
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Askari General January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Askari General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Askari General shares will generate the highest return on investment. By undertsting and applying Askari General stock market strength indicators, traders can identify Askari General Insurance entry and exit signals to maximize returns
Askari General Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Askari General's price direction in advance. Along with the technical and fundamental analysis of Askari Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Askari 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 | 0.1828 | |||
| Jensen Alpha | 0.5861 | |||
| Total Risk Alpha | 0.5469 | |||
| Sortino Ratio | 0.2288 | |||
| Treynor Ratio | 2.63 |
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Complementary Tools for Askari Stock analysis
When running Askari General's price analysis, check to measure Askari General'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 Askari General is operating at the current time. Most of Askari General's value examination focuses on studying past and present price action to predict the probability of Askari General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Askari General's price. Additionally, you may evaluate how the addition of Askari General to your portfolios can decrease your overall portfolio volatility.
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