Ghandhara Automobile Stock Forecast - Market Facilitation Index
| GAL Stock | 284.58 2.02 0.71% |
Ghandhara |
| Check Ghandhara Automobile Volatility | Backtest Ghandhara Automobile | Information Ratio |
Ghandhara Automobile Trading Date Momentum
| On December 11 2024 Ghandhara Automobile was traded for 284.58 at the closing time. The highest price during the trading period was 289.74 and the lowest recorded bid was listed for 281.61 . The volume for the day was 1.5 M. This history from December 11, 2024 did not cause price change. The overall trading delta to the current price is 1.55% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Ghandhara Automobile
For every potential investor in Ghandhara, whether a beginner or expert, Ghandhara Automobile's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ghandhara Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ghandhara. Basic forecasting techniques help filter out the noise by identifying Ghandhara Automobile's price trends.Ghandhara Automobile Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ghandhara Automobile stock to make a market-neutral strategy. Peer analysis of Ghandhara Automobile could also be used in its relative valuation, which is a method of valuing Ghandhara Automobile by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ghandhara Automobile Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ghandhara Automobile's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ghandhara Automobile's current price.| Cycle Indicators | ||
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Ghandhara Automobile Market Strength Events
Market strength indicators help investors to evaluate how Ghandhara Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ghandhara Automobile shares will generate the highest return on investment. By undertsting and applying Ghandhara Automobile stock market strength indicators, traders can identify Ghandhara Automobile entry and exit signals to maximize returns.
| Accumulation Distribution | 42305.32 | |||
| Daily Balance Of Power | 0.2485 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 285.68 | |||
| Day Typical Price | 285.31 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | 2.02 | |||
| Relative Strength Index | 52.28 |
Ghandhara Automobile Risk Indicators
The analysis of Ghandhara Automobile's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ghandhara Automobile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ghandhara stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.03 | |||
| Semi Deviation | 3.47 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.74 | |||
| Downside Variance | 13.89 | |||
| Semi Variance | 12.02 | |||
| Expected Short fall | (3.28) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Ghandhara Automobile
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ghandhara Automobile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ghandhara Automobile will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ghandhara Automobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ghandhara Automobile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ghandhara Automobile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ghandhara Automobile to buy it.
The correlation of Ghandhara Automobile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ghandhara Automobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ghandhara Automobile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ghandhara Automobile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ghandhara Stock Analysis
When running Ghandhara Automobile's price analysis, check to measure Ghandhara Automobile'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 Ghandhara Automobile is operating at the current time. Most of Ghandhara Automobile's value examination focuses on studying past and present price action to predict the probability of Ghandhara Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ghandhara Automobile's price. Additionally, you may evaluate how the addition of Ghandhara Automobile to your portfolios can decrease your overall portfolio volatility.