Misr Chemical (Egypt) Price on October 1, 2024
| MICH Stock | 35.71 0.20 0.56% |
If you're considering investing in Misr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Misr Chemical stands at 35.71, as last reported on the 25th of November, with the highest price reaching 36.17 and the lowest price hitting 35.60 during the day. Misr Chemical appears to be very steady, given 3 months investment horizon. Misr Chemical Industries has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Misr Chemical, which you can use to evaluate the volatility of the firm. Please exercise Misr Chemical's Mean Deviation of 1.51, downside deviation of 2.0, and Risk Adjusted Performance of 0.1213 to check out if our risk estimates are consistent with your expectations.
Misr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Misr |
Sharpe Ratio = 0.2312
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Misr Chemical is performing at about 18% 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 Misr Chemical by adding it to a well-diversified portfolio.
Misr Chemical Valuation on October 1, 2024
It is possible to determine the worth of Misr Chemical on a given historical date. On October 1, 2024 Misr was worth 33.5 at the beginning of the trading date compared to the closed value of 33.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Misr Chemical stock. Still, in general, we apply an absolute valuation method to find Misr Chemical'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 Misr Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Misr Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 33.75 | 34.39 | 33.03 | 33.50 | 264,632 | |
10/01/2024 | 33.50 | 34.28 | 33.06 | 33.76 | 202,665 |
| 33.76 | 33.76 | 32.60 | 32.77 | 165,757 |
| Backtest Misr Chemical | | | Misr Chemical History | Previous | Next |
Misr Chemical Trading Date Momentum on October 1, 2024
| On October 02 2024 Misr Chemical Industries was traded for 32.77 at the closing time. The highest price during the trading period was 33.76 and the lowest recorded bid was listed for 32.60 . The volume for the day was 165.8 K. This history from October 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.93% . The trading delta at closing time to the current price is 4.83% . |
Price Boundaries
Misr Chemical Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Misr Chemical 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.
Misr Chemical November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Misr Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Misr Chemical shares will generate the highest return on investment. By undertsting and applying Misr Chemical stock market strength indicators, traders can identify Misr Chemical Industries entry and exit signals to maximize returns
Misr Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Misr Chemical's price direction in advance. Along with the technical and fundamental analysis of Misr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Misr 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 | 0.1213 | |||
| Jensen Alpha | 0.3456 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1095 | |||
| Treynor Ratio | (6.54) |
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| Volume Indicators |
Complementary Tools for Misr Stock analysis
When running Misr Chemical's price analysis, check to measure Misr Chemical'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 Misr Chemical is operating at the current time. Most of Misr Chemical's value examination focuses on studying past and present price action to predict the probability of Misr Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Misr Chemical's price. Additionally, you may evaluate how the addition of Misr Chemical to your portfolios can decrease your overall portfolio volatility.
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