Emira Property (South Africa) Price on October 16, 2024
EMI Stock | 1,080 3.00 0.28% |
If you're considering investing in Emira Stock, it is important to understand the factors that can impact its price. As of today, the current price of Emira Property stands at 1,080, as last reported on the 18th of January 2025, with the highest price reaching 1,089 and the lowest price hitting 1,061 during the day. Emira Property secures Sharpe Ratio (or Efficiency) of -0.0521, which denotes the company had a -0.0521% return per unit of risk over the last 3 months. Emira Property exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emira Property's Variance of 2.67, mean deviation of 1.22, and Standard Deviation of 1.63 to check the risk estimate we provide.
Emira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Emira |
Sharpe Ratio = -0.0521
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Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Emira Property is not performing at its full potential. However, 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 Emira Property by adding Emira Property to a well-diversified portfolio.
Emira Property Valuation on October 16, 2024
It is possible to determine the worth of Emira Property on a given historical date. On October 16, 2024 Emira was worth 1149.0 at the beginning of the trading date compared to the closed value of 1158.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emira Property stock. Still, in general, we apply an absolute valuation method to find Emira Property'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 Emira Property where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emira Property's related companies.
Open | High | Low | Close | Volume | |
1,130 | 1,148 | 1,111 | 1,136 | 73,900 | |
10/16/2024 | 1,149 | 1,175 | 1,121 | 1,158 | 331,820 |
1,165 | 1,171 | 1,141 | 1,150 | 50,323 |
Backtest Emira Property | | | Emira Property History | | | Emira Property Valuation | Previous | Next |
Emira Property Trading Date Momentum on October 16, 2024
On October 17 2024 Emira Property was traded for 1,150 at the closing time. The highest price during the trading period was 1,171 and the lowest recorded bid was listed for 1,141 . The volume for the day was 50.3 K. This history from October 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.69% . The overall trading delta to the current price is 0.09% . |
Emira Property Fundamentals Correlations and Trends
By evaluating Emira Property's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Emira Property's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emira Property Stock history
Emira Property investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Emira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emira Property will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Emira Property stock prices may prove useful in developing a viable investing in Emira Property
Emira Property Stock Technical Analysis
Emira Property technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Emira Property Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Emira Property cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Emira Property January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Emira Property stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Emira Property shares will generate the highest return on investment. By undertsting and applying Emira Property stock market strength indicators, traders can identify Emira Property entry and exit signals to maximize returns
Emira Property Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emira Property's price direction in advance. Along with the technical and fundamental analysis of Emira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emira 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 | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | 0.1807 |
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Complementary Tools for Emira Stock analysis
When running Emira Property's price analysis, check to measure Emira Property'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 Emira Property is operating at the current time. Most of Emira Property's value examination focuses on studying past and present price action to predict the probability of Emira Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emira Property's price. Additionally, you may evaluate how the addition of Emira Property to your portfolios can decrease your overall portfolio volatility.
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