Eg Industries (Malaysia) Price on November 12, 2024
| 8907 Stock | 2.40 0.08 3.23% |
If you're considering investing in 8907 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eg Industries stands at 2.40, as last reported on the 17th of February 2025, with the highest price reaching 2.50 and the lowest price hitting 2.35 during the day. Eg Industries appears to be relatively risky, given 3 months investment horizon. Eg Industries Bhd retains Efficiency (Sharpe Ratio) of 0.18, which denotes the company had a 0.18 % return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Eg Industries, which you can use to evaluate the volatility of the firm. Please utilize Eg Industries' Market Risk Adjusted Performance of (0.33), downside deviation of 2.3, and Standard Deviation of 1.92 to check if our risk estimates are consistent with your expectations.
8907 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
8907 |
Sharpe Ratio = 0.1777
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Eg Industries is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eg Industries by adding it to a well-diversified portfolio.
Eg Industries Valuation on November 12, 2024
It is possible to determine the worth of Eg Industries on a given historical date. On November 12, 2024 8907 was worth 1.96 at the beginning of the trading date compared to the closed value of 1.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eg Industries stock. Still, in general, we apply an absolute valuation method to find Eg Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eg Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eg Industries' related companies.
| Open | High | Low | Close | Volume | |
| 1.97 | 2.01 | 1.92 | 2.00 | 184,300 | |
11/12/2024 | 1.96 | 1.99 | 1.95 | 1.98 | 260,000 |
| 1.96 | 1.98 | 1.94 | 1.98 | 381,800 |
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Eg Industries Trading Date Momentum on November 12, 2024
| On November 13 2024 Eg Industries Bhd was traded for 1.98 at the closing time. The highest price during the trading period was 1.98 and the lowest recorded bid was listed for 1.94 . The volume for the day was 381.8 K. This history from November 13, 2024 did not affect price variability. The overall trading delta to the current price is 0.51% . |
Price Boundaries
Eg Industries Period Price Range
Low | February 17, 2025
| High |
0.00 | 0.00 |
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Eg Industries February 17, 2025 Market Strength
Market strength indicators help investors to evaluate how Eg Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eg Industries shares will generate the highest return on investment. By undertsting and applying Eg Industries stock market strength indicators, traders can identify Eg Industries Bhd entry and exit signals to maximize returns
Eg Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eg Industries' price direction in advance. Along with the technical and fundamental analysis of 8907 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8907 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.