Ghani Gases (Pakistan) Price History

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 28th of December, with the highest price reaching 16.60 and the lowest price hitting 15.31 during the day. Ghani Gases appears to be somewhat reliable, 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 0.98% is justified by implied risk. Please utilize Ghani Gases' market risk adjusted performance of 15.98, and Risk Adjusted Performance of 0.1855 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.

Sharpe Ratio = 0.2548

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Estimated Market Risk

 3.85
  actual daily
34
66% of assets are more volatile

Expected Return

 0.98
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
20
80% of assets perform better
Based on monthly moving average Ghani Gases is performing at about 20% 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 Stock Price History Chart

There are several ways to analyze Ghani Stock price data. The simplest method is using a basic Ghani candlestick price chart, which shows Ghani Gases price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 12, 202416.08
Lowest PriceOctober 14, 20248.73

Ghani Gases December 28, 2024 Stock Price Synopsis

Various analyses of Ghani Gases' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ghani Stock. It can be used to describe the percentage change in the price of Ghani Gases from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ghani Stock.
Ghani Gases Price Daily Balance Of Power 0.32 
Ghani Gases Price Action Indicator 0.07 
Ghani Gases Price Rate Of Daily Change 1.03 
Ghani Gases Accumulation Distribution 1,525,258 

Ghani Gases December 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ghani Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ghani Gases intraday prices and daily technical indicators to check the level of noise trading in Ghani Stock and then apply it to test your longer-term investment strategies against Ghani.

Ghani Stock Price History Data

The price series of Ghani Gases for the period between Sun, Sep 29, 2024 and Sat, Dec 28, 2024 has a statistical range of 7.35 with a coefficient of variation of 20.65. Under current investment horizon, the daily prices are spread out with arithmetic mean of 11.03. The median price for the last 90 days is 10.52. The company completed 100:110 stock split on 2nd of December 2022.
OpenHighLowCloseVolume
12/27/2024 15.54  16.60  15.31  15.82  19,627,350 
12/26/2024 15.20  15.70  14.71  15.41  10,586,130 
12/24/2024 14.76  15.30  14.10  15.05  12,156,170 
12/23/2024 13.75  14.74  13.75  14.38  7,853,852 
12/20/2024 13.42  13.90  12.53  13.57  6,950,825 
12/19/2024 14.55  14.60  13.05  13.31  6,365,284 
12/18/2024 15.45  15.45  14.35  14.49  5,588,162 
12/17/2024 15.69  16.00  15.00  15.39  9,093,948 
12/16/2024 16.15  16.40  15.37  15.62  11,700,700 
12/13/2024 16.35  16.45  15.44  16.02  15,236,150 
12/12/2024 15.05  16.08  15.05  16.08  26,667,869 
12/11/2024 14.02  14.87  13.80  14.62  8,893,329 
12/10/2024 14.98  15.30  13.62  13.91  19,553,859 
12/09/2024 13.78  14.76  13.45  14.76  31,252,730 
12/06/2024 12.26  13.42  12.03  13.42  37,611,711 
12/05/2024 12.35  12.59  12.15  12.20  8,868,722 
12/04/2024 12.02  12.45  12.00  12.20  15,627,230 
12/03/2024 12.05  12.50  11.90  12.02  11,196,060 
12/02/2024 11.70  11.99  11.58  11.89  6,059,526 
11/29/2024 11.30  11.69  11.00  11.55  8,144,494 
11/28/2024 11.20  11.35  11.01  11.15  3,125,246 
11/27/2024 11.00  11.19  10.90  10.99  2,628,446 
11/26/2024 11.16  11.35  10.51  10.62  4,583,918 
11/25/2024 11.02  11.48  11.01  11.26  1,842,793 
11/22/2024 11.80  12.09  11.03  11.36  6,067,114 
11/21/2024 11.90  12.21  11.71  11.84  7,856,797 
11/20/2024 12.15  12.66  11.72  11.83  9,659,289 
11/19/2024 12.50  12.72  12.33  12.37  7,678,887 
11/18/2024 12.37  12.99  12.00  12.45  18,318,480 
11/15/2024 11.73  12.32  11.10  12.18  15,125,000 
11/14/2024 11.90  12.10  11.44  11.58  18,419,109 
11/13/2024 10.55  11.57  10.46  11.57  20,967,705 
11/12/2024 10.60  10.70  10.42  10.52  6,867,750 
11/11/2024 10.20  10.60  10.10  10.41  8,776,798 
11/08/2024 10.48  10.70  10.05  10.08  3,886,687 
11/07/2024 10.69  10.74  10.17  10.42  4,205,820 
11/06/2024 10.35  10.87  10.15  10.54  12,721,130 
11/05/2024 9.58  10.35  9.31  10.22  15,592,990 
11/04/2024 9.20  9.60  9.12  9.38  4,202,335 
11/01/2024 9.06  9.29  9.06  9.10  983,315 
10/31/2024 9.19  9.27  9.10  9.11  1,435,885 
10/30/2024 9.20  9.53  9.09  9.11  6,586,972 
10/29/2024 9.07  9.37  9.07  9.12  2,566,908 
10/28/2024 9.07  9.32  9.05  9.12  2,450,208 
10/25/2024 9.70  9.83  9.10  9.17  4,274,704 
10/24/2024 9.20  9.97  9.15  9.68  14,739,870 
10/23/2024 9.25  9.28  9.05  9.11  2,038,396 
10/22/2024 9.34  9.40  9.20  9.24  2,231,743 
10/21/2024 8.86  9.33  8.86  9.24  5,951,346 
10/18/2024 8.90  9.14  8.79  8.88  1,743,687 
10/17/2024 8.85  9.10  8.84  8.95  2,558,511 
10/16/2024 8.72  8.92  8.70  8.80  3,064,984 
10/15/2024 8.89  8.89  8.71  8.74  453,157 
10/14/2024 8.80  8.97  8.65  8.73  2,633,649 
10/11/2024 8.99  9.09  8.73  8.77  1,241,265 
10/10/2024 9.02  9.10  8.82  8.85  1,246,698 
10/09/2024 8.85  9.15  8.80  8.89  1,339,509 
10/08/2024 8.99  9.09  8.82  8.85  1,584,505 
10/07/2024 8.82  8.94  8.77  8.81  498,312 
10/04/2024 8.93  8.94  8.78  8.87  816,151 
10/03/2024 8.75  8.93  8.75  8.87  555,918 

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.
A focus of Ghani Gases technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ghani Gases trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.

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.