Suez Canal (Egypt) Price on November 16, 2024
| CANA Stock | 24.05 0.44 1.80% |
If you're considering investing in Suez Stock, it is important to understand the factors that can impact its price. As of today, the current price of Suez Canal stands at 24.05, as last reported on the 15th of December 2024, with the highest price reaching 25.49 and the lowest price hitting 23.90 during the day. Suez Canal appears to be not too volatile, given 3 months investment horizon. Suez Canal Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Suez Canal's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review Suez Canal's Coefficient Of Variation of 477.04, risk adjusted performance of 0.1599, and Semi Deviation of 1.79 to confirm if our risk estimates are consistent with your expectations.
Suez Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Suez |
Sharpe Ratio = 0.2427
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CANA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.76 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Suez Canal is performing at about 19% 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 Suez Canal by adding it to a well-diversified portfolio.
Suez Canal Valuation on November 16, 2024
It is possible to determine the worth of Suez Canal on a given historical date. On November 16, 2024 Suez was worth 18.55 at the beginning of the trading date compared to the closed value of 19.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Suez Canal stock. Still, in general, we apply an absolute valuation method to find Suez Canal'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 Suez Canal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suez Canal's related companies.
| Open | High | Low | Close | Volume | |
| 18.91 | 18.91 | 18.25 | 18.55 | 96,217 | |
11/14/2024 | 18.55 | 20.29 | 18.50 | 19.52 | 409,740 |
| 19.99 | 21.94 | 19.99 | 20.71 | 200,684 |
| Backtest Suez Canal | | | Suez Canal History | Previous | Next |
Suez Canal Trading Date Momentum on November 16, 2024
| On November 18 2024 Suez Canal Bank was traded for 20.71 at the closing time. The highest price during the trading period was 21.94 and the lowest recorded bid was listed for 19.99 . The volume for the day was 200.7 K. This history from November 18, 2024 contributed to the next trading day price rise. The overall trading delta to the next closing price was 6.10% . The trading price change to the current price is 22.49% . |
Price Boundaries
Suez Canal Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Suez Canal Bank 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.
Suez Canal December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Suez Canal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suez Canal shares will generate the highest return on investment. By undertsting and applying Suez Canal stock market strength indicators, traders can identify Suez Canal Bank entry and exit signals to maximize returns
Suez Canal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Suez Canal's price direction in advance. Along with the technical and fundamental analysis of Suez Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Suez 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 | 0.1599 | |||
| Jensen Alpha | 0.6721 | |||
| Total Risk Alpha | 0.28 | |||
| Sortino Ratio | 0.2561 | |||
| Treynor Ratio | 2.11 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Suez Stock analysis
When running Suez Canal's price analysis, check to measure Suez Canal'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 Suez Canal is operating at the current time. Most of Suez Canal's value examination focuses on studying past and present price action to predict the probability of Suez Canal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suez Canal's price. Additionally, you may evaluate how the addition of Suez Canal to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |