Egyptians For's market value is the price at which a share of Egyptians For trades on a public exchange. It measures the collective expectations of Egyptians For Investment investors about its performance. Egyptians For is trading at 0.24 as of the 13th of December 2024. This is a 4.35 percent up since the beginning of the trading day. The stock's lowest day price was 0.23. With this module, you can estimate the performance of a buy and hold strategy of Egyptians For Investment and determine expected loss or profit from investing in Egyptians For 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
Egyptians
Egyptians For '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 Egyptians For'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 Egyptians For.
0.00
11/19/2023
No Change 0.00
0.0
In 1 year and 26 days
12/13/2024
0.00
If you would invest 0.00 in Egyptians For on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Egyptians For Investment or generate 0.0% return on investment in Egyptians For over 390 days.
Egyptians For 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 Egyptians For'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 Egyptians For Investment 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 Egyptians For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Egyptians For's standard deviation. In reality, there are many statistical measures that can use Egyptians For historical prices to predict the future Egyptians For's volatility.
Egyptians For appears to be out of control, given 3 months investment horizon. Egyptians For Investment secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Egyptians For Investment, which you can use to evaluate the volatility of the firm. Please utilize Egyptians For's Coefficient Of Variation of 690.2, mean deviation of 1.81, and Downside Deviation of 4.68 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Egyptians For holds a performance score of 10. The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Egyptians For's returns are expected to increase less than the market. However, during the bear market, the loss of holding Egyptians For is expected to be smaller as well. Please check Egyptians For's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Egyptians For's price patterns will revert.
Auto-correlation
-0.55
Good reverse predictability
Egyptians For Investment has good reverse predictability. Overlapping area represents the amount of predictability between Egyptians For time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Egyptians For Investment price movement. The serial correlation of -0.55 indicates that about 55.0% of current Egyptians For price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.55
Spearman Rank Test
-0.66
Residual Average
0.0
Price Variance
0.0
Egyptians For Investment lagged returns against current returns
Autocorrelation, which is Egyptians For 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 Egyptians For's stock expected returns. We can calculate the autocorrelation of Egyptians For returns to help us make a trade decision. For example, suppose you find that Egyptians For 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
Egyptians For 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 Egyptians For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Egyptians For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Egyptians For stock over time.
Current vs Lagged Prices
Timeline
Egyptians For Lagged Returns
When evaluating Egyptians For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Egyptians For stock have on its future price. Egyptians For 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, Egyptians For autocorrelation shows the relationship between Egyptians For stock current value and its past values and can show if there is a momentum factor associated with investing in Egyptians For Investment.
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.