Egyptian Iron (Egypt) Price on February 21, 2024

IRON Stock   50.84  0.67  1.34%   
If you're considering investing in Egyptian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Egyptian Iron stands at 50.84, as last reported on the 15th of December 2024, with the highest price reaching 51.50 and the lowest price hitting 49.55 during the day. Egyptian Iron appears to be very steady, given 3 months investment horizon. Egyptian Iron Steel secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. By reviewing Egyptian Iron's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Egyptian Iron's Coefficient Of Variation of 972.2, downside deviation of 3.51, and Mean Deviation of 3.24 to check if our risk estimates are consistent with your expectations.
  
Egyptian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.171

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsIRON
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.99
  actual daily
35
65% of assets are more volatile

Expected Return

 0.68
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Egyptian Iron is performing at about 13% 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 Egyptian Iron by adding it to a well-diversified portfolio.

Egyptian Iron Valuation on February 21, 2024

It is possible to determine the worth of Egyptian Iron on a given historical date. On February 21, 2024 Egyptian was worth 16.4 at the beginning of the trading date compared to the closed value of 17.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Egyptian Iron stock. Still, in general, we apply an absolute valuation method to find Egyptian Iron'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 Egyptian Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Egyptian Iron's related companies.
 Open High Low Close Volume
  16.29    16.29    16.29    16.29    1.00  
02/21/2024
  16.40    17.10    16.40    17.00    686,340  
  17.00    17.00    17.00    17.00    1.00  
Backtest Egyptian Iron  |  Egyptian Iron History  PreviousNext  
Open Value
16.4
17.0
Closing Value
28.38
Upside

Egyptian Iron Trading Date Momentum on February 21, 2024

On February 22 2024 Egyptian Iron Steel was traded for  17.00  at the closing time. The highest price during the trading period was 17.00  and the lowest recorded bid was listed for  17.00 . There was no trading activity during the period 1.0. Lack of trading volume on February 22, 2024 did not affect price variability. The overall trading delta to the current price is 5.88% .

Price Boundaries

Egyptian Iron Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Egyptian Iron 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.

Egyptian Iron December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Egyptian Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Egyptian Iron shares will generate the highest return on investment. By undertsting and applying Egyptian Iron stock market strength indicators, traders can identify Egyptian Iron Steel entry and exit signals to maximize returns

Egyptian Iron Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Egyptian Iron's price direction in advance. Along with the technical and fundamental analysis of Egyptian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Egyptian 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.

Complementary Tools for Egyptian Stock analysis

When running Egyptian Iron's price analysis, check to measure Egyptian Iron'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 Egyptian Iron is operating at the current time. Most of Egyptian Iron's value examination focuses on studying past and present price action to predict the probability of Egyptian Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egyptian Iron's price. Additionally, you may evaluate how the addition of Egyptian Iron to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk