EGIS Etf Forecast - Coefficient Of Variation
| EGIS Etf | USD 37.10 0.03 0.08% |
EGIS Etf Forecast is based on your current time horizon.
EGIS |
| Check EGIS Volatility | Backtest EGIS | Information Ratio |
EGIS Trading Date Momentum
| On December 01 2024 EGIS was traded for 37.10 at the closing time. The top price for the day was 37.15 and the lowest listed price was 37.07 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.08% . |
EGIS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EGIS etf to make a market-neutral strategy. Peer analysis of EGIS could also be used in its relative valuation, which is a method of valuing EGIS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EGIS Market Strength Events
Market strength indicators help investors to evaluate how EGIS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EGIS shares will generate the highest return on investment. By undertsting and applying EGIS etf market strength indicators, traders can identify EGIS entry and exit signals to maximize returns.
EGIS Risk Indicators
The analysis of EGIS's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EGIS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting egis etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5953 | |||
| Semi Deviation | 0.5735 | |||
| Standard Deviation | 0.7634 | |||
| Variance | 0.5828 | |||
| Downside Variance | 0.5592 | |||
| Semi Variance | 0.3289 | |||
| Expected Short fall | (0.69) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of EGIS is measured differently than its book value, which is the value of EGIS that is recorded on the company's balance sheet. Investors also form their own opinion of EGIS's value that differs from its market value or its book value, called intrinsic value, which is EGIS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EGIS's market value can be influenced by many factors that don't directly affect EGIS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EGIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGIS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.