Al Shaheer (Pakistan) Price on November 14, 2024
| ASC Stock | 7.23 0.17 2.30% |
If you're considering investing in ASC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Al Shaheer stands at 7.23, as last reported on the 9th of January, with the highest price reaching 7.70 and the lowest price hitting 7.20 during the day. Al Shaheer appears to be slightly risky, given 3 months investment horizon. Al Shaheer retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Al Shaheer, which you can use to evaluate the volatility of the firm. Please makes use of Al Shaheer's Market Risk Adjusted Performance of (0.62), coefficient of variation of 1211.83, and Standard Deviation of 3.88 to double-check if our risk estimates are consistent with your expectations.
ASC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ASC |
Sharpe Ratio = 0.1053
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ASC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Al Shaheer is performing at about 8% 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 Al Shaheer by adding it to a well-diversified portfolio.
Al Shaheer Valuation on November 14, 2024
It is possible to determine the worth of Al Shaheer on a given historical date. On November 14, 2024 ASC was worth 5.29 at the beginning of the trading date compared to the closed value of 5.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Al Shaheer stock. Still, in general, we apply an absolute valuation method to find Al Shaheer'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 Al Shaheer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Al Shaheer's related companies.
| Open | High | Low | Close | Volume | |
| 5.31 | 5.40 | 5.01 | 5.22 | 2,095,591 | |
11/14/2024 | 5.29 | 5.38 | 4.94 | 5.04 | 4,789,855 |
| 5.07 | 5.23 | 5.02 | 5.16 | 1,572,681 |
| Backtest Al Shaheer | | | Al Shaheer History | | | Al Shaheer Valuation | Previous | Next |
Al Shaheer Trading Date Momentum on November 14, 2024
| On November 15 2024 Al Shaheer was traded for 5.16 at the closing time. The highest price during the trading period was 5.23 and the lowest recorded bid was listed for 5.02 . The volume for the day was 1.6 M. This history from November 15, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 2.38% . The overall trading delta to the current price is 7.54% . |
About Al Shaheer Stock history
Al Shaheer 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 ASC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Al Shaheer 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 Al Shaheer stock prices may prove useful in developing a viable investing in Al Shaheer
Al Shaheer Stock Technical Analysis
Al Shaheer 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
Al Shaheer Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Al Shaheer 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.
Al Shaheer January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Al Shaheer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Al Shaheer shares will generate the highest return on investment. By undertsting and applying Al Shaheer stock market strength indicators, traders can identify Al Shaheer entry and exit signals to maximize returns
Al Shaheer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Al Shaheer's price direction in advance. Along with the technical and fundamental analysis of ASC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASC 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 | 0.0737 | |||
| Jensen Alpha | 0.3187 | |||
| Total Risk Alpha | 0.2249 | |||
| Sortino Ratio | 0.0964 | |||
| Treynor Ratio | (0.63) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for ASC Stock Analysis
When running Al Shaheer's price analysis, check to measure Al Shaheer'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 Al Shaheer is operating at the current time. Most of Al Shaheer's value examination focuses on studying past and present price action to predict the probability of Al Shaheer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Al Shaheer's price. Additionally, you may evaluate how the addition of Al Shaheer to your portfolios can decrease your overall portfolio volatility.