El Ahli's market value is the price at which a share of El Ahli trades on a public exchange. It measures the collective expectations of El Ahli Investment investors about its performance. El Ahli is trading at 31.22 as of the 14th of December 2024. This is a 0.67 percent down since the beginning of the trading day. The stock's lowest day price was 31.0. With this module, you can estimate the performance of a buy and hold strategy of El Ahli Investment and determine expected loss or profit from investing in El Ahli over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
AFDI
El Ahli 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to El Ahli's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of El Ahli.
0.00
11/14/2024
No Change 0.00
0.0
In 30 days
12/14/2024
0.00
If you would invest 0.00 in El Ahli on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding El Ahli Investment or generate 0.0% return on investment in El Ahli over 30 days.
El Ahli Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure El Ahli's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess El Ahli Investment upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for El Ahli's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as El Ahli's standard deviation. In reality, there are many statistical measures that can use El Ahli historical prices to predict the future El Ahli's volatility.
El Ahli Investment retains Efficiency (Sharpe Ratio) of -0.0305, which denotes the company had a -0.0305% return per unit of price deviation over the last 3 months. El Ahli exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm El Ahli's Standard Deviation of 2.41, downside deviation of 1.88, and Market Risk Adjusted Performance of (0.41) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning El Ahli are expected to decrease at a much lower rate. During the bear market, El Ahli is likely to outperform the market. At this point, El Ahli Investment has a negative expected return of -0.0613%. Please make sure to confirm El Ahli's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if El Ahli Investment performance from the past will be repeated in the future.
Auto-correlation
0.67
Good predictability
El Ahli Investment has good predictability. Overlapping area represents the amount of predictability between El Ahli time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of El Ahli Investment price movement. The serial correlation of 0.67 indicates that around 67.0% of current El Ahli price fluctuation can be explain by its past prices.
Correlation Coefficient
0.67
Spearman Rank Test
0.83
Residual Average
0.0
Price Variance
0.04
El Ahli Investment lagged returns against current returns
Autocorrelation, which is El Ahli stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting El Ahli's stock expected returns. We can calculate the autocorrelation of El Ahli returns to help us make a trade decision. For example, suppose you find that El Ahli has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
El Ahli regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If El Ahli stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if El Ahli stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in El Ahli stock over time.
Current vs Lagged Prices
Timeline
El Ahli Lagged Returns
When evaluating El Ahli's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of El Ahli stock have on its future price. El Ahli autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, El Ahli autocorrelation shows the relationship between El Ahli stock current value and its past values and can show if there is a momentum factor associated with investing in El Ahli Investment.
Regressed Prices
Timeline
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