Aisha Steel (Pakistan) Price on February 14, 2024
| ASL Stock | 12.00 0.26 2.21% |
If you're considering investing in Aisha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aisha Steel stands at 12.00, as last reported on the 8th of January, with the highest price reaching 12.07 and the lowest price hitting 11.50 during the day. Aisha Steel is somewhat reliable given 3 months investment horizon. Aisha Steel Mills secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Aisha Steel Risk Adjusted Performance of 0.2137, downside deviation of 3.06, and Mean Deviation of 2.66 to evaluate company specific risk that cannot be diversified away.
Aisha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aisha |
Sharpe Ratio = 0.2703
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Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Aisha Steel is performing at about 21% 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 Aisha Steel by adding it to a well-diversified portfolio.
Aisha Steel Valuation on February 14, 2024
It is possible to determine the worth of Aisha Steel on a given historical date. On February 14, 2024 Aisha was worth 6.9 at the beginning of the trading date compared to the closed value of 6.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aisha Steel stock. Still, in general, we apply an absolute valuation method to find Aisha 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 Aisha Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aisha Steel's related companies.
| Open | High | Low | Close | Volume | |
| 6.65 | 6.90 | 6.53 | 6.73 | 697,233 | |
02/14/2024 | 6.90 | 7.06 | 6.75 | 6.93 | 687,592 |
| 7.00 | 7.04 | 6.55 | 6.64 | 1,889,710 |
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Aisha Steel Trading Date Momentum on February 14, 2024
| On February 15 2024 Aisha Steel Mills was traded for 6.64 at the closing time. The highest price during the trading period was 7.04 and the lowest recorded bid was listed for 6.55 . The volume for the day was 1.9 M. This history from February 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.18% . The overall trading delta to the current price is 4.62% . |
Aisha Steel Mills Fundamentals Correlations and Trends
By evaluating Aisha Steel'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 Aisha Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aisha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aisha Steel Stock history
Aisha Steel 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 Aisha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aisha Steel Mills 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 Aisha Steel stock prices may prove useful in developing a viable investing in Aisha Steel
Aisha Steel Stock Technical Analysis
Aisha Steel 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
Aisha Steel Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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Aisha Steel January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Aisha 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 Aisha Steel shares will generate the highest return on investment. By undertsting and applying Aisha Steel stock market strength indicators, traders can identify Aisha Steel Mills entry and exit signals to maximize returns
Aisha Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aisha Steel's price direction in advance. Along with the technical and fundamental analysis of Aisha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aisha 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 | 0.2137 | |||
| Jensen Alpha | 0.9518 | |||
| Total Risk Alpha | 0.8571 | |||
| Sortino Ratio | 0.3017 | |||
| Treynor Ratio | (1.51) |
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Additional Tools for Aisha Stock Analysis
When running Aisha Steel's price analysis, check to measure Aisha 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 Aisha Steel is operating at the current time. Most of Aisha Steel's value examination focuses on studying past and present price action to predict the probability of Aisha 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 Aisha Steel's price. Additionally, you may evaluate how the addition of Aisha Steel to your portfolios can decrease your overall portfolio volatility.