Natural Gas (Egypt) Price on August 15, 2024
| EGAS Stock | 42.25 0.80 1.86% |
If you're considering investing in Natural Stock, it is important to understand the factors that can impact its price. As of today, the current price of Natural Gas stands at 42.25, as last reported on the 26th of November, with the highest price reaching 43.90 and the lowest price hitting 42.15 during the day. Natural Gas appears to be not too volatile, given 3 months investment horizon. Natural Gas Mining has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Natural Gas' technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please exercise Natural Gas' Downside Deviation of 3.93, risk adjusted performance of 0.1334, and Mean Deviation of 3.29 to check out if our risk estimates are consistent with your expectations.
Natural Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Natural |
Sharpe Ratio = 0.1627
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Estimated Market Risk
| 5.56 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Natural Gas is performing at about 12% 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 Natural Gas by adding it to a well-diversified portfolio.
Natural Gas Valuation on August 15, 2024
It is possible to determine the worth of Natural Gas on a given historical date. On August 15, 2024 Natural was worth 25.5 at the beginning of the trading date compared to the closed value of 26.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Natural Gas stock. Still, in general, we apply an absolute valuation method to find Natural Gas' 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 Natural Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Natural Gas' related companies.
| Open | High | Low | Close | Volume | |
| 24.96 | 25.50 | 24.96 | 25.50 | 71,999 | |
08/15/2024 | 25.50 | 27.10 | 25.50 | 26.99 | 988,777 |
| 27.07 | 27.07 | 26.02 | 26.49 | 124,057 |
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Natural Gas Trading Date Momentum on August 15, 2024
| On August 19 2024 Natural Gas Mining was traded for 26.49 at the closing time. The highest price during the trading period was 27.07 and the lowest recorded bid was listed for 26.02 . The volume for the day was 124.1 K. This history from August 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.85% . The trading delta at closing time to the current price is 1.78% . |
Price Boundaries
Natural Gas Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Natural Gas November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Natural Gas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Natural Gas shares will generate the highest return on investment. By undertsting and applying Natural Gas stock market strength indicators, traders can identify Natural Gas Mining entry and exit signals to maximize returns
Natural Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Natural Gas' price direction in advance. Along with the technical and fundamental analysis of Natural Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Natural 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 | 0.1334 | |||
| Jensen Alpha | 0.7865 | |||
| Total Risk Alpha | 0.0324 | |||
| Sortino Ratio | 0.181 | |||
| Treynor Ratio | 2.28 |
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| Volume Indicators |
Complementary Tools for Natural Stock analysis
When running Natural Gas' price analysis, check to measure Natural Gas' 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 Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.
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