Egypt Aluminum (Egypt) Performance
| EGAL Stock | 111.55 1.15 1.02% |
Egypt Aluminum has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Egypt Aluminum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Egypt Aluminum is expected to be smaller as well. Egypt Aluminum right now shows a risk of 1.93%. Please confirm Egypt Aluminum value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Egypt Aluminum will be following its price patterns.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Egypt Aluminum are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical and fundamental indicators, Egypt Aluminum is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Egypt |
Egypt Aluminum Relative Risk vs. Return Landscape
If you would invest 11,001 in Egypt Aluminum on September 2, 2024 and sell it today you would earn a total of 154.00 from holding Egypt Aluminum or generate 1.4% return on investment over 90 days. Egypt Aluminum is generating 0.0447% of daily returns and assumes 1.9314% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Egypt, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Egypt Aluminum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Egypt Aluminum's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Egypt Aluminum, and traders can use it to determine the average amount a Egypt Aluminum's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0231
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EGAL |
Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Egypt Aluminum is performing at about 1% 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 Egypt Aluminum by adding it to a well-diversified portfolio.
Things to note about Egypt Aluminum performance evaluation
Checking the ongoing alerts about Egypt Aluminum for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Egypt Aluminum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Egypt Aluminum's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Egypt Aluminum's stock performance include:- Analyzing Egypt Aluminum's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Egypt Aluminum's stock is overvalued or undervalued compared to its peers.
- Examining Egypt Aluminum's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Egypt Aluminum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Egypt Aluminum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Egypt Aluminum's stock. These opinions can provide insight into Egypt Aluminum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Egypt Stock analysis
When running Egypt Aluminum's price analysis, check to measure Egypt Aluminum'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 Egypt Aluminum is operating at the current time. Most of Egypt Aluminum's value examination focuses on studying past and present price action to predict the probability of Egypt Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egypt Aluminum's price. Additionally, you may evaluate how the addition of Egypt Aluminum to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |