Al Khair Stock Forward View

AKGL Stock   55.55  0.00  0.00%   
The Naive Prediction forecasted value of Al Khair Gadoon Limited on the next trading day is expected to be 54.33 with a mean absolute deviation of 1.92 and the sum of the absolute errors of 117.14. Investors can use prediction functions to forecast Al Khair's stock prices and determine the direction of Al Khair Gadoon Limited's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We suggest always using this module together with an analysis of Al Khair's historical fundamentals, such as revenue growth or operating cash flow patterns. 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 inflation. The value of RSI of Al Khair's stock price is about 61. This suggests that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling AKGL, making its price go up or down.

Momentum 61

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Al Khair's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Al Khair Gadoon Limited, which may create opportunities for some arbitrage if properly timed.
Using Al Khair hype-based prediction, you can estimate the value of Al Khair Gadoon Limited from the perspective of Al Khair response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Al Khair Gadoon Limited on the next trading day is expected to be 54.33 with a mean absolute deviation of 1.92 and the sum of the absolute errors of 117.14.

Al Khair after-hype prediction price

    
  PKR 55.55  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
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 inflation.

Al Khair Additional Predictive Modules

Most predictive techniques to examine AKGL price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AKGL using various technical indicators. When you analyze AKGL charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for Al Khair is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Al Khair Gadoon Limited value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Al Khair Naive Prediction Price Forecast For the 26th of February

Given 90 days horizon, the Naive Prediction forecasted value of Al Khair Gadoon Limited on the next trading day is expected to be 54.33 with a mean absolute deviation of 1.92, mean absolute percentage error of 4.84, and the sum of the absolute errors of 117.14.
Please note that although there have been many attempts to predict AKGL Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Al Khair's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Al Khair Stock Forecast Pattern

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Al Khair stock data series using in forecasting. Note that when a statistical model is used to represent Al Khair stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria119.6883
BiasArithmetic mean of the errors None
MADMean absolute deviation1.9203
MAPEMean absolute percentage error0.0331
SAESum of the absolute errors117.1367
This model is not at all useful as a medium-long range forecasting tool of Al Khair Gadoon Limited. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Al Khair. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Al Khair

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Al Khair Gadoon. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Al Khair Estimiated After-Hype Price Volatility

As far as predicting the price of Al Khair at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Al Khair or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Al Khair, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Al Khair Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Al Khair is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Al Khair backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Al Khair, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
2.22
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
55.55
55.55
0.00 
0.00  
Notes

Al Khair Hype Timeline

Al Khair Gadoon is presently traded for 55.55on Karachi Stock Exchange of Pakistan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. AKGL is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.04%. %. The volatility of related hype on Al Khair is about 0.0%, with the expected price after the next announcement by competition of 55.55. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
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 inflation.

Al Khair Related Hype Analysis

Having access to credible news sources related to Al Khair's direct competition is more important than ever and may enhance your ability to predict Al Khair's future price movements. Getting to know how Al Khair's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Al Khair may potentially react to the hype associated with one of its peers.

Al Khair 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 Al Khair stock to make a market-neutral strategy. Peer analysis of Al Khair could also be used in its relative valuation, which is a method of valuing Al Khair by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Al Khair Market Strength Events

Market strength indicators help investors to evaluate how Al Khair stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Al Khair shares will generate the highest return on investment. By undertsting and applying Al Khair stock market strength indicators, traders can identify Al Khair Gadoon Limited entry and exit signals to maximize returns.

Al Khair Risk Indicators

The analysis of Al Khair'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 Al Khair's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akgl 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.
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.

Story Coverage note for Al Khair

The number of cover stories for Al Khair depends on current market conditions and Al Khair's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Al Khair is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Al Khair's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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