Edita Food (Egypt) Price on October 31, 2024
| EFID Stock | 28.90 0.03 0.10% |
If you're considering investing in Edita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edita Food stands at 28.90, as last reported on the 16th of December 2024, with the highest price reaching 29.09 and the lowest price hitting 28.73 during the day. At this point, Edita Food is not too volatile. Edita Food Industries secures Sharpe Ratio (or Efficiency) of 0.037, which denotes the company had a 0.037% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Edita Food Industries, which you can use to evaluate the volatility of the firm. Please confirm Edita Food's Downside Deviation of 2.08, mean deviation of 1.71, and Coefficient Of Variation of 2552.48 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
Edita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edita |
Sharpe Ratio = 0.037
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Edita Food is performing at about 2% 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 Edita Food by adding it to a well-diversified portfolio.
Edita Food Valuation on October 31, 2024
It is possible to determine the worth of Edita Food on a given historical date. On October 31, 2024 Edita was worth 30.5 at the beginning of the trading date compared to the closed value of 30.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edita Food stock. Still, in general, we apply an absolute valuation method to find Edita Food'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 Edita Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edita Food's related companies.
| Open | High | Low | Close | Volume | |
| 30.15 | 31.88 | 30.05 | 30.50 | 1,061,093 | |
10/31/2024 | 30.50 | 31.00 | 30.33 | 30.43 | 156,129 |
| 30.40 | 30.60 | 30.11 | 30.14 | 280,404 |
| Backtest Edita Food | | | Edita Food History | Previous | Next |
Edita Food Trading Date Momentum on October 31, 2024
| On November 04 2024 Edita Food Industries was traded for 30.14 at the closing time. The highest price during the trading period was 30.60 and the lowest recorded bid was listed for 30.11 . The volume for the day was 280.4 K. This history from November 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 2.96% . |
Price Boundaries
Edita Food Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Edita Food Industries 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.
Edita Food December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Edita Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edita Food shares will generate the highest return on investment. By undertsting and applying Edita Food stock market strength indicators, traders can identify Edita Food Industries entry and exit signals to maximize returns
Edita Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edita Food's price direction in advance. Along with the technical and fundamental analysis of Edita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edita 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 | 0.0357 | |||
| Jensen Alpha | 0.125 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0015 | |||
| Treynor Ratio | (0.27) |
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Complementary Tools for Edita Stock analysis
When running Edita Food's price analysis, check to measure Edita Food'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 Edita Food is operating at the current time. Most of Edita Food's value examination focuses on studying past and present price action to predict the probability of Edita Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edita Food's price. Additionally, you may evaluate how the addition of Edita Food to your portfolios can decrease your overall portfolio volatility.
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