Eg Industries (Malaysia) Price on November 21, 2024
| 8907 Stock | 2.30 0.15 6.12% |
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 2.30, as last reported on the 26th of February, with the highest price reaching 2.51 and the lowest price hitting 2.27 during the day. Eg Industries appears to be unstable, given 3 months investment horizon. Eg Industries Bhd retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12 % return per unit of price deviation over the last 3 months. We have found twenty-nine 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 (0.58), standard deviation of 1.97, and Downside Deviation of 2.38 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 = 0.1203
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 8907 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Eg Industries is performing at about 9% 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 21, 2024
It is possible to determine the worth of Eg Industries on a given historical date. On November 21, 2024 8907 was worth 1.93 at the beginning of the trading date compared to the closed value of 1.96. 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 | |
| 1.96 | 1.97 | 1.93 | 1.93 | 173,700 | |
11/21/2024 | 1.93 | 1.96 | 1.91 | 1.96 | 166,100 |
| 1.97 | 1.99 | 1.92 | 1.99 | 285,300 |
| Backtest Eg Industries | | | Eg Industries History | Previous | Next |
Eg Industries Trading Date Momentum on November 21, 2024
| On November 22 2024 Eg Industries Bhd was traded for 1.99 at the closing time. The highest price during the trading period was 1.99 and the lowest recorded bid was listed for 1.92 . The volume for the day was 285.3 K. This history from November 22, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.53% . The overall trading delta to the current price is 7.14% . |
Price Boundaries
Eg Industries Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Eg Industries Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Eg Industries February 26, 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.