Edita Food (Egypt) Price on October 3, 2023
| EFID Stock | 28.46 0.42 1.50% |
If you're considering investing in Edita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edita Food stands at 28.46, as last reported on the 1st of December, with the highest price reaching 28.50 and the lowest price hitting 27.90 during the day. At this point, Edita Food is very steady. Edita Food Industries secures Sharpe Ratio (or Efficiency) of 0.0358, which denotes the company had a 0.0358% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Edita Food Industries, which you can use to evaluate the volatility of the firm. Please confirm Edita Food's Mean Deviation of 1.7, standard deviation of 2.66, and Variance of 7.06 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
Edita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edita |
Sharpe Ratio = 0.0358
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| Cash | Small Risk | EFID | High Risk | Huge Risk |
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Edita Food is performing at about 2% 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 Edita Food by adding it to a well-diversified portfolio.
Edita Food Valuation on October 3, 2023
It is possible to determine the worth of Edita Food on a given historical date. On October 3, 2023 Edita was worth 20.0 at the beginning of the trading date compared to the closed value of 20.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edita Food stock. Still, in general, we apply an absolute valuation method to find Edita Food's 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 Edita Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edita Food's related companies.
| Open | High | Low | Close | Volume | |
| 20.44 | 20.70 | 19.80 | 20.00 | 679,166 | |
10/03/2023 | 20.00 | 20.44 | 20.00 | 20.00 | 11,093 |
| 20.00 | 20.29 | 19.80 | 19.88 | 811,782 |
| Backtest Edita Food | | | Edita Food History | Previous | Next |
Edita Food Trading Date Momentum on October 3, 2023
| On October 04 2023 Edita Food Industries was traded for 19.88 at the closing time. The highest price during the trading period was 20.29 and the lowest recorded bid was listed for 19.80 . The volume for the day was 811.8 K. This history from October 4, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the current price is 15.00% . |
Price Boundaries
Edita Food Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Edita Food Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian 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.
Edita Food December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Edita Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edita Food shares will generate the highest return on investment. By undertsting and applying Edita Food stock market strength indicators, traders can identify Edita Food Industries entry and exit signals to maximize returns
Edita Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edita Food's price direction in advance. Along with the technical and fundamental analysis of Edita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edita 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.
| Risk Adjusted Performance | 0.0055 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.03) |
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Complementary Tools for Edita Stock analysis
When running Edita Food's price analysis, check to measure Edita Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edita Food is operating at the current time. Most of Edita Food's value examination focuses on studying past and present price action to predict the probability of Edita Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edita Food's price. Additionally, you may evaluate how the addition of Edita Food to your portfolios can decrease your overall portfolio volatility.
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