Atlas For (Egypt) Price on November 21, 2024
| ALRA Stock | 1.10 0.03 2.65% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas For stands at 1.10, as last reported on the 14th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.08 during the day. Atlas For appears to be dangerous, given 3 months investment horizon. Atlas For Investment secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. By analyzing Atlas For's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please makes use of Atlas For's Mean Deviation of 2.03, downside deviation of 1.98, and Risk Adjusted Performance of 0.2762 to double-check if our risk estimates are consistent with your expectations.
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = 0.3326
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 26 74% of assets perform better |
Based on monthly moving average Atlas For is performing at about 26% 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 Atlas For by adding it to a well-diversified portfolio.
Atlas For Valuation on November 21, 2024
It is possible to determine the worth of Atlas For on a given historical date. On November 21, 2024 Atlas was worth 0.79 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas For stock. Still, in general, we apply an absolute valuation method to find Atlas For'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 Atlas For where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas For's related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.79 | 0.78 | 0.79 | 9,148,130 | |
11/21/2024 | 0.79 | 0.79 | 0.78 | 0.78 | 1,355,650 |
| 0.78 | 0.79 | 0.77 | 0.78 | 9,626,811 |
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Atlas For Trading Date Momentum on November 21, 2024
| On November 25 2024 Atlas For Investment was traded for 0.78 at the closing time. The highest price during the trading period was 0.79 and the lowest recorded bid was listed for 0.77 . The volume for the day was 9.6 M. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 6.41% . |
Price Boundaries
Atlas For Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Atlas For Investment cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian 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.
Atlas For December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas For stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas For shares will generate the highest return on investment. By undertsting and applying Atlas For stock market strength indicators, traders can identify Atlas For Investment entry and exit signals to maximize returns
Atlas For Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas For's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas 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.
| Risk Adjusted Performance | 0.2762 | |||
| Jensen Alpha | 0.9912 | |||
| Total Risk Alpha | 0.6615 | |||
| Sortino Ratio | 0.4602 | |||
| Treynor Ratio | 10.3 |
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| Volume Indicators |
Complementary Tools for Atlas Stock analysis
When running Atlas For's price analysis, check to measure Atlas For'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 Atlas For is operating at the current time. Most of Atlas For's value examination focuses on studying past and present price action to predict the probability of Atlas For's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas For's price. Additionally, you may evaluate how the addition of Atlas For to your portfolios can decrease your overall portfolio volatility.
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