Egyptian Transport (Egypt) Price on January 24, 2024
| ETRS Stock | 4.81 0.02 0.42% |
If you're considering investing in Egyptian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Egyptian Transport stands at 4.81, as last reported on the 29th of November, with the highest price reaching 4.86 and the lowest price hitting 4.73 during the day. At this point, Egyptian Transport is slightly risky. Egyptian Transport secures Sharpe Ratio (or Efficiency) of 0.0574, which denotes the company had a 0.0574% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Egyptian Transport, which you can use to evaluate the volatility of the firm. Please confirm Egyptian Transport's Coefficient Of Variation of 715.72, mean deviation of 1.77, and Downside Deviation of 2.06 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Egyptian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Egyptian |
Sharpe Ratio = 0.0574
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| Cash | Small Risk | ETRS | High Risk | Huge Risk |
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Egyptian Transport is performing at about 4% 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 Egyptian Transport by adding it to a well-diversified portfolio.
Egyptian Transport Valuation on January 24, 2024
It is possible to determine the worth of Egyptian Transport on a given historical date. On January 24, 2024 Egyptian was worth 4.23 at the beginning of the trading date compared to the closed value of 4.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Egyptian Transport stock. Still, in general, we apply an absolute valuation method to find Egyptian Transport'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 Egyptian Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Egyptian Transport's related companies.
| Open | High | Low | Close | Volume | |
| 4.40 | 4.43 | 4.20 | 4.20 | 7,609,443 | |
01/24/2024 | 4.23 | 4.43 | 4.23 | 4.36 | 8,187,714 |
| 4.50 | 5.15 | 4.50 | 5.15 | 18,406,420 |
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Egyptian Transport Trading Date Momentum on January 24, 2024
| On January 29 2024 Egyptian Transport was traded for 5.15 at the closing time. The highest price during the trading period was 5.15 and the lowest recorded bid was listed for 4.50 . The volume for the day was 18.4 M. This history from January 29, 2024 contributed to the next trading day price rise. The overall trading delta to the next closing price was 18.12% . The overall trading delta to the current price is 9.63% . |
Price Boundaries
Egyptian Transport Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Egyptian Transport November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Egyptian Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Egyptian Transport shares will generate the highest return on investment. By undertsting and applying Egyptian Transport stock market strength indicators, traders can identify Egyptian Transport entry and exit signals to maximize returns
Egyptian Transport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Egyptian Transport's price direction in advance. Along with the technical and fundamental analysis of Egyptian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Egyptian 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 | 0.1138 | |||
| Jensen Alpha | 0.3795 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0971 | |||
| Treynor Ratio | (0.57) |
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| Volume Indicators |
Complementary Tools for Egyptian Stock analysis
When running Egyptian Transport's price analysis, check to measure Egyptian Transport'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 Egyptian Transport is operating at the current time. Most of Egyptian Transport's value examination focuses on studying past and present price action to predict the probability of Egyptian Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egyptian Transport's price. Additionally, you may evaluate how the addition of Egyptian Transport to your portfolios can decrease your overall portfolio volatility.
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