El Nasr's market value is the price at which a share of El Nasr trades on a public exchange. It measures the collective expectations of El Nasr Clothes investors about its performance. El Nasr is trading at 4.20 as of the 18th of January 2025. This is a 1.20% up since the beginning of the trading day. The stock's lowest day price was 4.11. With this module, you can estimate the performance of a buy and hold strategy of El Nasr Clothes and determine expected loss or profit from investing in El Nasr over a given investment horizon. Check out Correlation Analysis 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
KABO
El Nasr '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 El Nasr'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 El Nasr.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in El Nasr on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding El Nasr Clothes or generate 0.0% return on investment in El Nasr over 30 days.
El Nasr 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 El Nasr'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 El Nasr Clothes 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 El Nasr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as El Nasr's standard deviation. In reality, there are many statistical measures that can use El Nasr historical prices to predict the future El Nasr's volatility.
El Nasr is unstable given 3 months investment horizon. El Nasr Clothes retains Efficiency (Sharpe Ratio) of 0.28, which denotes the company had a 0.28% return per unit of price deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use El Nasr Clothes Standard Deviation of 3.51, downside deviation of 2.57, and Market Risk Adjusted Performance of (1.75) to evaluate company specific risk that cannot be diversified away. El Nasr holds a performance score of 22 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning El Nasr are expected to decrease at a much lower rate. During the bear market, El Nasr is likely to outperform the market. Use El Nasr Clothes mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on El Nasr Clothes.
Auto-correlation
-0.5
Modest reverse predictability
El Nasr Clothes has modest reverse predictability. Overlapping area represents the amount of predictability between El Nasr time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 El Nasr Clothes price movement. The serial correlation of -0.5 indicates that about 50.0% of current El Nasr price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.5
Spearman Rank Test
-0.05
Residual Average
0.0
Price Variance
0.01
El Nasr Clothes lagged returns against current returns
Autocorrelation, which is El Nasr 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 El Nasr's stock expected returns. We can calculate the autocorrelation of El Nasr returns to help us make a trade decision. For example, suppose you find that El Nasr 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
El Nasr 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 El Nasr stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if El Nasr stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in El Nasr stock over time.
Current vs Lagged Prices
Timeline
El Nasr Lagged Returns
When evaluating El Nasr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of El Nasr stock have on its future price. El Nasr 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, El Nasr autocorrelation shows the relationship between El Nasr stock current value and its past values and can show if there is a momentum factor associated with investing in El Nasr Clothes.
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.