Al Tawfeek's market value is the price at which a share of Al Tawfeek trades on a public exchange. It measures the collective expectations of Al Tawfeek Leasing investors about its performance. Al Tawfeek is trading at 4.30 as of the 15th of March 2025. This is a 1.6 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.28. With this module, you can estimate the performance of a buy and hold strategy of Al Tawfeek Leasing and determine expected loss or profit from investing in Al Tawfeek 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
ATLC
Al Tawfeek '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 Al Tawfeek'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 Al Tawfeek.
0.00
12/15/2024
No Change 0.00
0.0
In 3 months and 1 day
03/15/2025
0.00
If you would invest 0.00 in Al Tawfeek on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Al Tawfeek Leasing or generate 0.0% return on investment in Al Tawfeek over 90 days.
Al Tawfeek 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 Al Tawfeek'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 Al Tawfeek Leasing 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 Al Tawfeek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Al Tawfeek's standard deviation. In reality, there are many statistical measures that can use Al Tawfeek historical prices to predict the future Al Tawfeek's volatility.
Al Tawfeek Leasing retains Efficiency (Sharpe Ratio) of -0.0188, which signifies that the company had a -0.0188 % return per unit of price deviation over the last 3 months. Al Tawfeek exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Al Tawfeek's Standard Deviation of 2.94, coefficient of variation of 6705.41, and Market Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Al Tawfeek are expected to decrease at a much lower rate. During the bear market, Al Tawfeek is likely to outperform the market. At this point, Al Tawfeek Leasing has a negative expected return of -0.0596%. Please make sure to confirm Al Tawfeek's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Al Tawfeek Leasing performance from the past will be repeated at some future date.
Auto-correlation
-0.34
Poor reverse predictability
Al Tawfeek Leasing has poor reverse predictability. Overlapping area represents the amount of predictability between Al Tawfeek time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Al Tawfeek Leasing price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Al Tawfeek price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.34
Spearman Rank Test
-0.75
Residual Average
0.0
Price Variance
0.06
Al Tawfeek Leasing lagged returns against current returns
Autocorrelation, which is Al Tawfeek 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 Al Tawfeek's stock expected returns. We can calculate the autocorrelation of Al Tawfeek returns to help us make a trade decision. For example, suppose you find that Al Tawfeek 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
Al Tawfeek 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 Al Tawfeek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Al Tawfeek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Al Tawfeek stock over time.
Current vs Lagged Prices
Timeline
Al Tawfeek Lagged Returns
When evaluating Al Tawfeek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Al Tawfeek stock have on its future price. Al Tawfeek 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, Al Tawfeek autocorrelation shows the relationship between Al Tawfeek stock current value and its past values and can show if there is a momentum factor associated with investing in Al Tawfeek Leasing.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.