Al Ghazi (Pakistan) Today
| AGTL Stock | 376.40 20.27 5.69% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Al Ghazi is trading at 376.40 as of the 23rd of April 2024, a 5.69 percent increase since the beginning of the trading day. The stock's open price was 356.13. Al Ghazi has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Al Ghazi Tractors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Moving against AGTL Stock
| 0.6 | MSOT | Masood Textile Mills | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
AGTL Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Al Ghazi's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Al Ghazi or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Machinery (View all Sectors) |
Al Ghazi Tractors (AGTL) is traded on Karachi Stock Exchange in Pakistan . The company has 0 outstanding shares.
Al Ghazi generates positive cash flow from operations, but has no cash available
Check Al Ghazi Probability Of Bankruptcy
AGTL Stock Price Odds Analysis
What are Al Ghazi's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Al Ghazi jumping above the current price in 90 days from now is about 8.76%. The Al Ghazi Tractors probability density function shows the probability of Al Ghazi stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Al Ghazi Tractors has a beta of -0.3716. This suggests as returns on the benchmark increase, returns on holding Al Ghazi are expected to decrease at a much lower rate. During a bear market, however, Al Ghazi Tractors is likely to outperform the market. Additionally, al Ghazi Tractors has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Al Ghazi to move above the current price in 90 days from now is about 8.76 (This Al Ghazi Tractors probability density function shows the probability of AGTL Stock to fall within a particular range of prices over 90 days) .
Al Ghazi Tractors Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Al Ghazi market risk premium is the additional return an investor will receive from holding Al Ghazi long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Al Ghazi. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Al Ghazi's alpha and beta are two of the key measurements used to evaluate Al Ghazi's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.54 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.12 | |||
| Risk Adjusted Performance | (0.01) |
AGTL Stock Against Markets
Picking the right benchmark for Al Ghazi stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Al Ghazi stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Al Ghazi is critical whether you are bullish or bearish towards Al Ghazi Tractors at a given time. Please also check how Al Ghazi's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Al Ghazi without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy AGTL Stock?
Before investing in Al Ghazi, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Al Ghazi. To buy Al Ghazi stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Al Ghazi. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Al Ghazi stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Al Ghazi Tractors stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Al Ghazi Tractors stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Al Ghazi Tractors, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Al Ghazi Tractors?
The danger of trading Al Ghazi Tractors is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Al Ghazi is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Al Ghazi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Al Ghazi Tractors is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Al Ghazi Tractors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for AGTL Stock analysis
When running Al Ghazi's price analysis, check to measure Al Ghazi'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 Al Ghazi is operating at the current time. Most of Al Ghazi's value examination focuses on studying past and present price action to predict the probability of Al Ghazi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Al Ghazi's price. Additionally, you may evaluate how the addition of Al Ghazi to your portfolios can decrease your overall portfolio volatility.
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