Cairo For's market value is the price at which a share of Cairo For trades on a public exchange. It measures the collective expectations of Cairo For Investment investors about its performance. Cairo For is trading at 14.12 as of the 25th of November 2024. This is a 0.42 percent down since the beginning of the trading day. The stock's lowest day price was 14.1. With this module, you can estimate the performance of a buy and hold strategy of Cairo For Investment and determine expected loss or profit from investing in Cairo For over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Cairo
Cairo For 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cairo For's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cairo For.
0.00
10/26/2024
No Change 0.00
0.0
In 31 days
11/25/2024
0.00
If you would invest 0.00 in Cairo For on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cairo For Investment or generate 0.0% return on investment in Cairo For over 30 days.
Cairo For Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cairo For's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cairo For Investment upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cairo For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cairo For's standard deviation. In reality, there are many statistical measures that can use Cairo For historical prices to predict the future Cairo For's volatility.
At this point, Cairo For is not too volatile. Cairo For Investment secures Sharpe Ratio (or Efficiency) of 0.0704, which signifies that the company had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cairo For Investment, which you can use to evaluate the volatility of the firm. Please confirm Cairo For's Risk Adjusted Performance of 0.0429, mean deviation of 0.9563, and Downside Deviation of 1.77 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Cairo For has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0377, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cairo For are expected to decrease at a much lower rate. During the bear market, Cairo For is likely to outperform the market. Cairo For Investment right now shows a risk of 1.5%. Please confirm Cairo For Investment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Cairo For Investment will be following its price patterns.
Auto-correlation
-0.24
Weak reverse predictability
Cairo For Investment has weak reverse predictability. Overlapping area represents the amount of predictability between Cairo For time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cairo For Investment price movement. The serial correlation of -0.24 indicates that over 24.0% of current Cairo For price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.24
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
0.01
Cairo For Investment lagged returns against current returns
Autocorrelation, which is Cairo For stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cairo For's stock expected returns. We can calculate the autocorrelation of Cairo For returns to help us make a trade decision. For example, suppose you find that Cairo For has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Cairo For regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cairo For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cairo For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cairo For stock over time.
Current vs Lagged Prices
Timeline
Cairo For Lagged Returns
When evaluating Cairo For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cairo For stock have on its future price. Cairo For autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cairo For autocorrelation shows the relationship between Cairo For stock current value and its past values and can show if there is a momentum factor associated with investing in Cairo For Investment.
Regressed Prices
Timeline
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