Ghani Gases (Pakistan) Price on November 8, 2024
| GGL Stock | 15.82 0.41 2.66% |
If you're considering investing in Ghani Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ghani Gases stands at 15.82, as last reported on the 29th of December, with the highest price reaching 16.60 and the lowest price hitting 15.31 during the day. Ghani Gases appears to be slightly risky, given 3 months investment horizon. Ghani Gases holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of standard deviation over the last 3 months. By evaluating Ghani Gases' technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please utilize Ghani Gases' market risk adjusted performance of (3.88), and Risk Adjusted Performance of 0.2014 to validate if our risk estimates are consistent with your expectations.
Ghani Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ghani |
Sharpe Ratio = 0.2527
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Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Ghani Gases is performing at about 19% 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 Ghani Gases by adding it to a well-diversified portfolio.
Ghani Gases Valuation on November 8, 2024
It is possible to determine the worth of Ghani Gases on a given historical date. On November 8, 2024 Ghani was worth 10.48 at the beginning of the trading date compared to the closed value of 10.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ghani Gases stock. Still, in general, we apply an absolute valuation method to find Ghani Gases' 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 Ghani Gases where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ghani Gases' related companies.
| Open | High | Low | Close | Volume | |
| 10.69 | 10.74 | 10.17 | 10.42 | 4,205,820 | |
11/08/2024 | 10.48 | 10.70 | 10.05 | 10.08 | 3,886,687 |
| 10.20 | 10.60 | 10.10 | 10.41 | 8,776,798 |
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Ghani Gases Trading Date Momentum on November 8, 2024
| On November 11 2024 Ghani Gases was traded for 10.41 at the closing time. The highest price during the trading period was 10.60 and the lowest recorded bid was listed for 10.10 . The volume for the day was 8.8 M. This history from November 11, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.27% . The overall trading delta to the current price is 22.72% . |
About Ghani Gases Stock history
Ghani Gases 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 Ghani is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ghani Gases 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 Ghani Gases stock prices may prove useful in developing a viable investing in Ghani Gases
Ghani Gases Stock Technical Analysis
Ghani Gases 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
Ghani Gases Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Ghani Gases 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.
Ghani Gases December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ghani Gases stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ghani Gases shares will generate the highest return on investment. By undertsting and applying Ghani Gases stock market strength indicators, traders can identify Ghani Gases entry and exit signals to maximize returns
Ghani Gases Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ghani Gases' price direction in advance. Along with the technical and fundamental analysis of Ghani Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ghani 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 | 0.2014 | |||
| Jensen Alpha | 0.9203 | |||
| Total Risk Alpha | 0.809 | |||
| Sortino Ratio | 0.2717 | |||
| Treynor Ratio | (3.89) |
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Additional Tools for Ghani Stock Analysis
When running Ghani Gases' price analysis, check to measure Ghani Gases' 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 Ghani Gases is operating at the current time. Most of Ghani Gases' value examination focuses on studying past and present price action to predict the probability of Ghani Gases' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ghani Gases' price. Additionally, you may evaluate how the addition of Ghani Gases to your portfolios can decrease your overall portfolio volatility.