Misr Oils' market value is the price at which a share of Misr Oils trades on a public exchange. It measures the collective expectations of Misr Oils Soap investors about its performance. Misr Oils is trading at 60.14 as of the 14th of December 2024. This is a 1.88% down since the beginning of the trading day. The stock's lowest day price was 60.14. With this module, you can estimate the performance of a buy and hold strategy of Misr Oils Soap and determine expected loss or profit from investing in Misr Oils 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
Misr
Misr 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 Misr 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 Misr Oils.
0.00
11/14/2024
No Change 0.00
0.0
In 30 days
12/14/2024
0.00
If you would invest 0.00 in Misr Oils on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Misr Oils Soap or generate 0.0% return on investment in Misr Oils over 30 days.
Misr 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 Misr 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 Misr 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 Misr Oils' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Misr Oils' standard deviation. In reality, there are many statistical measures that can use Misr Oils historical prices to predict the future Misr Oils' volatility.
At this point, Misr Oils is very steady. Misr Oils Soap has Sharpe Ratio of 0.0377, which conveys that the firm had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Misr Oils, which you can use to evaluate the volatility of the firm. Please verify Misr Oils' Downside Deviation of 2.83, risk adjusted performance of 0.0298, and Mean Deviation of 0.52 to check out if the risk estimate we provide is consistent with the expected return of 0.0639%. Misr Oils has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0541, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Misr Oils are expected to decrease at a much lower rate. During the bear market, Misr Oils is likely to outperform the market. Misr Oils Soap right now secures a risk of 1.7%. Please verify Misr Oils Soap maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Misr Oils Soap will be following its current price movements.
Auto-correlation
-0.01
Very weak reverse predictability
Misr Oils Soap has very weak reverse predictability. Overlapping area represents the amount of predictability between Misr Oils time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Misr Oils Soap price movement. The serial correlation of -0.01 indicates that just 1.0% of current Misr Oils price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.01
Spearman Rank Test
-0.2
Residual Average
0.0
Price Variance
0.99
Misr Oils Soap lagged returns against current returns
Autocorrelation, which is Misr 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 Misr Oils' stock expected returns. We can calculate the autocorrelation of Misr Oils returns to help us make a trade decision. For example, suppose you find that Misr 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
Misr 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 Misr Oils stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Misr Oils stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Misr Oils stock over time.
Current vs Lagged Prices
Timeline
Misr Oils Lagged Returns
When evaluating Misr Oils' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Misr Oils stock have on its future price. Misr 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, Misr Oils autocorrelation shows the relationship between Misr Oils stock current value and its past values and can show if there is a momentum factor associated with investing in Misr Oils Soap.
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.