Cairo Educational's market value is the price at which a share of Cairo Educational trades on a public exchange. It measures the collective expectations of Cairo Educational Services investors about its performance. Cairo Educational is trading at 29.03 as of the 29th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 28.15. With this module, you can estimate the performance of a buy and hold strategy of Cairo Educational Services and determine expected loss or profit from investing in Cairo Educational over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Cairo
Cairo Educational 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cairo Educational's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cairo Educational.
0.00
07/02/2024
No Change 0.00
0.0
In 5 months and 30 days
12/29/2024
0.00
If you would invest 0.00 in Cairo Educational on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Cairo Educational Services or generate 0.0% return on investment in Cairo Educational over 180 days.
Cairo Educational Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cairo Educational's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cairo Educational Services upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cairo Educational's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cairo Educational's standard deviation. In reality, there are many statistical measures that can use Cairo Educational historical prices to predict the future Cairo Educational's volatility.
Cairo Educational secures Sharpe Ratio (or Efficiency) of -0.079, which signifies that the company had a -0.079% return per unit of risk over the last 3 months. Cairo Educational Services exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cairo Educational's Risk Adjusted Performance of 0.0887, downside deviation of 6.13, and Mean Deviation of 3.84 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.36, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cairo Educational are expected to decrease by larger amounts. On the other hand, during market turmoil, Cairo Educational is expected to outperform it. At this point, Cairo Educational has a negative expected return of -0.36%. Please make sure to confirm Cairo Educational's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Cairo Educational performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.09
Very weak reverse predictability
Cairo Educational Services has very weak reverse predictability. Overlapping area represents the amount of predictability between Cairo Educational time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cairo Educational price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Cairo Educational price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.09
Spearman Rank Test
0.18
Residual Average
0.0
Price Variance
2.77
Cairo Educational lagged returns against current returns
Autocorrelation, which is Cairo Educational stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cairo Educational's stock expected returns. We can calculate the autocorrelation of Cairo Educational returns to help us make a trade decision. For example, suppose you find that Cairo Educational has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Cairo Educational regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cairo Educational stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cairo Educational stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cairo Educational stock over time.
Current vs Lagged Prices
Timeline
Cairo Educational Lagged Returns
When evaluating Cairo Educational's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cairo Educational stock have on its future price. Cairo Educational autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cairo Educational autocorrelation shows the relationship between Cairo Educational stock current value and its past values and can show if there is a momentum factor associated with investing in Cairo Educational Services.
Regressed Prices
Timeline
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.