Air Link (Pakistan) Price on December 9, 2024
| AIRLINK Stock | 189.85 0.42 0.22% |
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. As of today, the current price of Air Link stands at 189.85, as last reported on the 13th of December 2024, with the highest price reaching 198.00 and the lowest price hitting 188.50 during the day. Air Link appears to be very steady, given 3 months investment horizon. Air Link Communication secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Air Link's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Air Link's Mean Deviation of 2.48, downside deviation of 2.79, and Risk Adjusted Performance of 0.1299 to double-check if our risk estimates are consistent with your expectations.
Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Air |
Sharpe Ratio = 0.1795
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Air Link is performing at about 14% 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 Air Link by adding it to a well-diversified portfolio.
Air Link Valuation on December 9, 2024
It is possible to determine the worth of Air Link on a given historical date. On December 9, 2024 Air was worth 201.0 at the beginning of the trading date compared to the closed value of 197.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air Link stock. Still, in general, we apply an absolute valuation method to find Air Link'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 Air Link where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air Link's related companies.
| Open | High | Low | Close | Volume | |
| 176.00 | 194.29 | 176.00 | 194.29 | 9,229,541 | |
12/09/2024 | 201.00 | 208.00 | 195.66 | 197.85 | 8,273,513 |
| 196.00 | 197.84 | 178.07 | 178.07 | 7,711,382 |
| Backtest Air Link | | | Air Link History | Previous | Next |
Air Link Trading Date Momentum on December 9, 2024
| On December 10 2024 Air Link Communication was traded for 178.07 at the closing time. The highest price during the trading period was 197.84 and the lowest recorded bid was listed for 178.07 . The volume for the day was 7.7 M. This history from December 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 10.00% . The overall trading delta to the current price is 4.22% . |
Price Boundaries
Air Link Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Air Link Communication 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.
Air Link December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Air Link stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air Link shares will generate the highest return on investment. By undertsting and applying Air Link stock market strength indicators, traders can identify Air Link Communication entry and exit signals to maximize returns
Air Link Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air Link's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air 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.