Air Link (Pakistan) Price on September 5, 2024
| AIRLINK Stock | 134.19 5.22 4.05% |
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. As of today, the current price of Air Link stands at 134.19, as last reported on the 29th of November, with the highest price reaching 138.00 and the lowest price hitting 128.15 during the day. Air Link Communication secures Sharpe Ratio (or Efficiency) of -0.0043, which signifies that the company had a -0.0043% return per unit of risk over the last 3 months. Air Link Communication exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air Link's Downside Deviation of 2.18, mean deviation of 1.83, and Risk Adjusted Performance of 0.013 to double-check the risk estimate we provide.
Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Air |
Sharpe Ratio = -0.0043
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AIRLINK |
Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air Link is not performing at its full potential. However, 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 Air Link by adding Air Link to a well-diversified portfolio.
Air Link Valuation on September 5, 2024
It is possible to determine the worth of Air Link on a given historical date. On September 5, 2024 Air was worth 139.68 at the beginning of the trading date compared to the closed value of 138.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air Link stock. Still, in general, we apply an absolute valuation method to find Air Link's 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 Air Link where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air Link's related companies.
| Open | High | Low | Close | Volume | |
| 138.69 | 141.51 | 138.22 | 138.91 | 7,332,860 | |
09/05/2024 | 139.68 | 140.94 | 137.85 | 138.16 | 3,145,142 |
| 136.83 | 140.90 | 136.83 | 138.53 | 3,779,446 |
| Backtest Air Link | | | Air Link History | Previous | Next |
Air Link Trading Date Momentum on September 5, 2024
| On September 06 2024 Air Link Communication was traded for 138.53 at the closing time. The highest price during the trading period was 140.90 and the lowest recorded bid was listed for 136.83 . The volume for the day was 3.8 M. This history from September 6, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.27% . The overall trading delta to the current price is 2.94% . |
Price Boundaries
Air Link Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Air Link Communication 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.
Air Link November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Air Link stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air Link shares will generate the highest return on investment. By undertsting and applying Air Link stock market strength indicators, traders can identify Air Link Communication entry and exit signals to maximize returns
Air Link Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air Link's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air 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.