EGX 33 (Egypt) Price on November 11, 2024
| SHARIAH Index | 3,262 6.98 0.21% |
If you're considering investing in EGX Index, it is important to understand the factors that can impact its price. As of today, the current price of EGX 33 stands at 3,262, as last reported on the 25th of February, with the highest price reaching 3,280 and the lowest price hitting 3,252 during the day. EGX 33 Shariah secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the index had a 0.11 % return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for EGX 33 Shariah, which you can use to evaluate the volatility of the entity. EGX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.105
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average EGX 33 is performing at about 8% 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 EGX 33 by adding it to a well-diversified portfolio.
EGX 33 Valuation on November 11, 2024
It is possible to determine the worth of EGX 33 on a given historical date. On November 11, 2024 EGX was worth 3265.94 at the beginning of the trading date compared to the closed value of 3279.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EGX 33 index. Still, in general, we apply an absolute valuation method to find EGX 33'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 EGX 33 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EGX 33's related companies.
| Open | High | Low | Close | Volume | |
| 3,207 | 3,265 | 3,207 | 3,253 | 153,712,000 | |
11/11/2024 | 3,266 | 3,279 | 3,258 | 3,279 | 91,916,888 |
| 3,279 | 3,306 | 3,259 | 3,271 | 96,825,968 |
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EGX 33 Trading Date Momentum on November 11, 2024
| On November 12 2024 EGX 33 Shariah was traded for 3,271 at the closing time. The highest price during the trading period was 3,306 and the lowest recorded bid was listed for 3,259 . The volume for the day was 96.8 M. This history from November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.25% . The overall trading delta to the current price is 3.72% . |
Price Boundaries
EGX 33 Period Price Range
Low | February 25, 2025
| High |
0.00 | 0.00 |
EGX 33 Shariah cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
EGX 33 February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how EGX 33 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EGX 33 shares will generate the highest return on investment. By undertsting and applying EGX 33 index market strength indicators, traders can identify EGX 33 Shariah entry and exit signals to maximize returns
EGX 33 Technical Drivers
EGX 33 February 25, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EGX 33's price direction in advance. Along with the technical and fundamental analysis of EGX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of EGX 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 | 0.0435 | |||
| Mean Deviation | 0.7291 | |||
| Semi Deviation | 0.9634 | |||
| Downside Deviation | 1.04 | |||
| Coefficient Of Variation | 1785.57 | |||
| Standard Deviation | 0.9618 | |||
| Variance | 0.9251 | |||
| Information Ratio | 0.0506 | |||
| Total Risk Alpha | 0.0502 | |||
| Sortino Ratio | 0.0467 | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.5 | |||
| Downside Variance | 1.09 | |||
| Semi Variance | 0.9281 | |||
| Expected Short fall | (0.74) | |||
| Skewness | (0.50) | |||
| Kurtosis | 0.4829 |
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