Obour Land (Egypt) Market Value

OLFI Stock   18.53  0.22  1.20%   
Obour Land's market value is the price at which a share of Obour Land trades on a public exchange. It measures the collective expectations of Obour Land For investors about its performance. Obour Land is trading at 18.53 as of the 11th of December 2024. This is a 1.20 percent up since the beginning of the trading day. The stock's lowest day price was 18.42.
With this module, you can estimate the performance of a buy and hold strategy of Obour Land For and determine expected loss or profit from investing in Obour Land over a given investment horizon. Check out Your Equity Center 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.
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Obour Land '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 Obour Land'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 Obour Land.
0.00
12/22/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/11/2024
0.00
If you would invest  0.00  in Obour Land on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Obour Land For or generate 0.0% return on investment in Obour Land over 720 days.

Obour Land 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 Obour Land'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 Obour Land For upside and downside potential and time the market with a certain degree of confidence.

Obour Land Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Obour Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Obour Land's standard deviation. In reality, there are many statistical measures that can use Obour Land historical prices to predict the future Obour Land's volatility.

Obour Land For Backtested Returns

Obour Land is somewhat reliable given 3 months investment horizon. Obour Land For maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Obour Land Semi Deviation of 1.9, coefficient of variation of 450.91, and Risk Adjusted Performance of 0.1686 to evaluate company specific risk that cannot be diversified away. Obour Land holds a performance score of 18 on a scale of zero to a hundred. The company holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Obour Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Obour Land is expected to be smaller as well. Use Obour Land total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Obour Land.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Obour Land For has very weak reverse predictability. Overlapping area represents the amount of predictability between Obour Land time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 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 Obour Land For price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Obour Land price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test-0.01
Residual Average0.0
Price Variance10.89

Obour Land For lagged returns against current returns

Autocorrelation, which is Obour Land 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 Obour Land's stock expected returns. We can calculate the autocorrelation of Obour Land returns to help us make a trade decision. For example, suppose you find that Obour Land 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  

Obour Land 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 Obour Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Obour Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Obour Land stock over time.
   Current vs Lagged Prices   
       Timeline  

Obour Land Lagged Returns

When evaluating Obour Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Obour Land stock have on its future price. Obour Land 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, Obour Land autocorrelation shows the relationship between Obour Land stock current value and its past values and can show if there is a momentum factor associated with investing in Obour Land For.
   Regressed Prices   
       Timeline  

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