Nozha International (Egypt) Price on September 5, 2024
| NINH Stock | 8.61 0.03 0.35% |
If you're considering investing in Nozha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nozha International stands at 8.61, as last reported on the 27th of November, with the highest price reaching 8.73 and the lowest price hitting 8.41 during the day. Nozha International appears to be slightly risky, given 3 months investment horizon. Nozha International has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Nozha International's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise Nozha International's Downside Deviation of 2.47, risk adjusted performance of 0.125, and Mean Deviation of 1.84 to check out if our risk estimates are consistent with your expectations.
Nozha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nozha |
Sharpe Ratio = 0.1725
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nozha International is performing at about 13% 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 Nozha International by adding it to a well-diversified portfolio.
Nozha International Valuation on September 5, 2024
It is possible to determine the worth of Nozha International on a given historical date. On September 5, 2024 Nozha was worth 6.4 at the beginning of the trading date compared to the closed value of 6.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nozha International stock. Still, in general, we apply an absolute valuation method to find Nozha International'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 Nozha International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nozha International's related companies.
| Open | High | Low | Close | Volume | |
| 6.40 | 6.50 | 6.32 | 6.40 | 8,769 | |
09/05/2024 | 6.40 | 6.50 | 6.36 | 6.40 | 6,810 |
| 6.40 | 6.40 | 6.30 | 6.40 | 23,000 |
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Nozha International Trading Date Momentum on September 5, 2024
| On September 09 2024 Nozha International Hospital was traded for 6.40 at the closing time. The highest price during the trading period was 6.40 and the lowest recorded bid was listed for 6.30 . The volume for the day was 23 K. This history from September 9, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
Nozha International Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nozha International Hospital 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.
Nozha International November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nozha International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nozha International shares will generate the highest return on investment. By undertsting and applying Nozha International stock market strength indicators, traders can identify Nozha International Hospital entry and exit signals to maximize returns
Nozha International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nozha International's price direction in advance. Along with the technical and fundamental analysis of Nozha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nozha 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 | 0.125 | |||
| Jensen Alpha | 0.5579 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1412 | |||
| Treynor Ratio | (0.61) |
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Complementary Tools for Nozha Stock analysis
When running Nozha International's price analysis, check to measure Nozha International'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 Nozha International is operating at the current time. Most of Nozha International's value examination focuses on studying past and present price action to predict the probability of Nozha International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nozha International's price. Additionally, you may evaluate how the addition of Nozha International to your portfolios can decrease your overall portfolio volatility.
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