Egyptian Iron (Egypt) Price on November 18, 2024
| IRON Stock | 47.77 0.51 1.06% |
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 47.77, as last reported on the 18th of January 2025, with the highest price reaching 49.23 and the lowest price hitting 47.70 during the day. Egyptian Iron appears to be very steady, given 3 months investment horizon. Egyptian Iron Steel secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% 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 0.74% is justified by implied risk. Please utilize Egyptian Iron's Coefficient Of Variation of 838.41, downside deviation of 2.94, and Mean Deviation of 2.93 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.
Egyptian |
Sharpe Ratio = 0.1882
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Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Egyptian Iron is performing at about 14% 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 November 18, 2024
It is possible to determine the worth of Egyptian Iron on a given historical date. On November 18, 2024 Egyptian was worth 46.14 at the beginning of the trading date compared to the closed value of 48.44. 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 | |
| 41.86 | 43.95 | 41.86 | 43.95 | 132,763 | |
11/18/2024 | 46.14 | 48.44 | 43.92 | 48.44 | 1,137,605 |
| 48.44 | 48.44 | 46.02 | 46.02 | 670,056 |
| Backtest Egyptian Iron | | | Egyptian Iron History | Previous | Next |
Egyptian Iron Trading Date Momentum on November 18, 2024
| On November 19 2024 Egyptian Iron Steel was traded for 46.02 at the closing time. The highest price during the trading period was 48.44 and the lowest recorded bid was listed for 46.02 . The volume for the day was 670.1 K. This history from November 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.00% . The overall trading delta to the current price is 12.10% . |
Price Boundaries
Egyptian Iron Period Price Range
Low | January 18, 2025
| 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 January 18, 2025 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.
| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 0.424 | |||
| Total Risk Alpha | 0.3466 | |||
| Sortino Ratio | 0.1413 | |||
| Treynor Ratio | 0.8242 |
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| Volume Indicators |
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.
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