Ezz Steel (Egypt) Price on October 9, 2024
| ESRS Stock | 106.02 1.48 1.38% |
If you're considering investing in Ezz Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ezz Steel stands at 106.02, as last reported on the 15th of December 2024, with the highest price reaching 107.97 and the lowest price hitting 105.31 during the day. At this point, Ezz Steel is very steady. Ezz Steel secures Sharpe Ratio (or Efficiency) of 0.0561, which denotes the company had a 0.0561% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ezz Steel, which you can use to evaluate the volatility of the firm. Please confirm Ezz Steel's Downside Deviation of 3.22, mean deviation of 2.68, and Coefficient Of Variation of 1310.9 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Ezz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ezz |
Sharpe Ratio = 0.0561
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ESRS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ezz Steel is performing at about 4% 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 Ezz Steel by adding it to a well-diversified portfolio.
Ezz Steel Valuation on October 9, 2024
It is possible to determine the worth of Ezz Steel on a given historical date. On October 9, 2024 Ezz was worth 104.5 at the beginning of the trading date compared to the closed value of 107.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ezz Steel stock. Still, in general, we apply an absolute valuation method to find Ezz Steel'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 Ezz Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ezz Steel's related companies.
| Open | High | Low | Close | Volume | |
| 108.00 | 108.00 | 101.61 | 104.50 | 1,619,453 | |
10/09/2024 | 104.50 | 107.00 | 102.00 | 107.00 | 596,658 |
| 107.00 | 108.90 | 99.00 | 99.00 | 1,963,505 |
| Backtest Ezz Steel | | | Ezz Steel History | Previous | Next |
Ezz Steel Trading Date Momentum on October 9, 2024
| On October 10 2024 Ezz Steel was traded for 99.00 at the closing time. The highest price during the trading period was 108.90 and the lowest recorded bid was listed for 99.00 . The volume for the day was 2 M. This history from October 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 7.48% . The overall trading delta to the current price is 1.87% . |
Price Boundaries
Ezz Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Ezz Steel 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.
Ezz Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Ezz Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ezz Steel shares will generate the highest return on investment. By undertsting and applying Ezz Steel stock market strength indicators, traders can identify Ezz Steel entry and exit signals to maximize returns
Ezz Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ezz Steel's price direction in advance. Along with the technical and fundamental analysis of Ezz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ezz 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 | 0.0633 | |||
| Jensen Alpha | 0.1884 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 0.3216 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ezz Stock analysis
When running Ezz Steel's price analysis, check to measure Ezz Steel'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 Ezz Steel is operating at the current time. Most of Ezz Steel's value examination focuses on studying past and present price action to predict the probability of Ezz Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ezz Steel's price. Additionally, you may evaluate how the addition of Ezz Steel to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Stocks Directory Find actively traded stocks across global markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| CEOs Directory Screen CEOs from public companies around the world |