Cairo Oils' market value is the price at which a share of Cairo Oils trades on a public exchange. It measures the collective expectations of Cairo Oils Soap investors about its performance. Cairo Oils is trading at 0.37 as of the 5th of March 2025. This is a 5.13% down since the beginning of the trading day. The stock's lowest day price was 0.37. With this module, you can estimate the performance of a buy and hold strategy of Cairo Oils Soap and determine expected loss or profit from investing in Cairo Oils 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 Oils '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 Oils' 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 Oils.
0.00
02/03/2025
No Change 0.00
0.0
In 30 days
03/05/2025
0.00
If you would invest 0.00 in Cairo Oils on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Cairo Oils Soap or generate 0.0% return on investment in Cairo Oils over 30 days.
Cairo Oils 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 Oils' 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 Oils Soap 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 Oils' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cairo Oils' standard deviation. In reality, there are many statistical measures that can use Cairo Oils historical prices to predict the future Cairo Oils' volatility.
Cairo Oils appears to be out of control, given 3 months investment horizon. Cairo Oils Soap secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. By analyzing Cairo Oils' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please makes use of Cairo Oils' Mean Deviation of 3.0, risk adjusted performance of 0.1336, and Downside Deviation of 4.54 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cairo Oils holds a performance score of 12. The firm shows a Beta (market volatility) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cairo Oils are expected to decrease at a much lower rate. During the bear market, Cairo Oils is likely to outperform the market. Please check Cairo Oils' downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Cairo Oils' price patterns will revert.
Auto-correlation
-0.65
Very good reverse predictability
Cairo Oils Soap has very good reverse predictability. Overlapping area represents the amount of predictability between Cairo Oils time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 2025. 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 Oils Soap price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Cairo Oils price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.65
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
0.0
Cairo Oils Soap lagged returns against current returns
Autocorrelation, which is Cairo Oils 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 Oils' stock expected returns. We can calculate the autocorrelation of Cairo Oils returns to help us make a trade decision. For example, suppose you find that Cairo Oils 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 Oils 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 Oils stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cairo Oils stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cairo Oils stock over time.
Current vs Lagged Prices
Timeline
Cairo Oils Lagged Returns
When evaluating Cairo Oils' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cairo Oils stock have on its future price. Cairo Oils 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 Oils autocorrelation shows the relationship between Cairo Oils stock current value and its past values and can show if there is a momentum factor associated with investing in Cairo Oils Soap.
Regressed Prices
Timeline
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