Egyptian Financial's market value is the price at which a share of Egyptian Financial trades on a public exchange. It measures the collective expectations of Egyptian Financial Industrial investors about its performance. Egyptian Financial is trading at 151.00 as of the 15th of December 2024. This is a 0.85 percent up since the beginning of the trading day. The stock's lowest day price was 147.04. With this module, you can estimate the performance of a buy and hold strategy of Egyptian Financial Industrial and determine expected loss or profit from investing in Egyptian Financial over a given investment horizon. Check out Investing Opportunities 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
Egyptian
Egyptian Financial '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 Egyptian Financial'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 Egyptian Financial.
0.00
11/15/2024
No Change 0.00
0.0
In 31 days
12/15/2024
0.00
If you would invest 0.00 in Egyptian Financial on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Egyptian Financial Industrial or generate 0.0% return on investment in Egyptian Financial over 30 days.
Egyptian Financial 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 Egyptian Financial'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 Egyptian Financial Industrial 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 Egyptian Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Egyptian Financial's standard deviation. In reality, there are many statistical measures that can use Egyptian Financial historical prices to predict the future Egyptian Financial's volatility.
Egyptian Financial appears to be very steady, given 3 months investment horizon. Egyptian Financial secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. By reviewing Egyptian Financial's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Egyptian Financial's Downside Deviation of 1.87, coefficient of variation of 477.16, and Mean Deviation of 1.9 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Egyptian Financial holds a performance score of 18. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, Egyptian Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Egyptian Financial is expected to be smaller as well. Please check Egyptian Financial's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Egyptian Financial's price patterns will revert.
Auto-correlation
-0.86
Excellent reverse predictability
Egyptian Financial Industrial has excellent reverse predictability. Overlapping area represents the amount of predictability between Egyptian Financial time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Egyptian Financial price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Egyptian Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.86
Spearman Rank Test
-0.25
Residual Average
0.0
Price Variance
6.55
Egyptian Financial lagged returns against current returns
Autocorrelation, which is Egyptian Financial 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 Egyptian Financial's stock expected returns. We can calculate the autocorrelation of Egyptian Financial returns to help us make a trade decision. For example, suppose you find that Egyptian Financial 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
Egyptian Financial 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 Egyptian Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Egyptian Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Egyptian Financial stock over time.
Current vs Lagged Prices
Timeline
Egyptian Financial Lagged Returns
When evaluating Egyptian Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Egyptian Financial stock have on its future price. Egyptian Financial 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, Egyptian Financial autocorrelation shows the relationship between Egyptian Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Egyptian Financial Industrial.
Regressed Prices
Timeline
Also Currently Popular
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.