Egyptian Iron (Egypt) Performance
| IRON Stock | 47.77 0.51 1.06% |
On a scale of 0 to 100, Egyptian Iron holds a performance score of 14. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Egyptian Iron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Egyptian Iron is expected to be smaller as well. Please check Egyptian Iron's potential upside, semi variance, and the relationship between the value at risk and downside variance , to make a quick decision on whether Egyptian Iron's price patterns will revert.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Egyptian Iron Steel are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Egyptian Iron reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Egyptian |
Egyptian Iron Relative Risk vs. Return Landscape
If you would invest 3,404 in Egyptian Iron Steel on October 20, 2024 and sell it today you would earn a total of 1,373 from holding Egyptian Iron Steel or generate 40.33% return on investment over 90 days. Egyptian Iron Steel is generating 0.7413% of daily returns and assumes 3.9393% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Egyptian, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Egyptian Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Egyptian Iron's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Egyptian Iron Steel, and traders can use it to determine the average amount a Egyptian Iron's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1882
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IRON | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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.
Things to note about Egyptian Iron Steel performance evaluation
Checking the ongoing alerts about Egyptian Iron for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Egyptian Iron Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Egyptian Iron Steel appears to be risky and price may revert if volatility continues |
- Analyzing Egyptian Iron's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Egyptian Iron's stock is overvalued or undervalued compared to its peers.
- Examining Egyptian Iron's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Egyptian Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Egyptian Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Egyptian Iron's stock. These opinions can provide insight into Egyptian Iron's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |