Saudi Egyptian's market value is the price at which a share of Saudi Egyptian trades on a public exchange. It measures the collective expectations of Saudi Egyptian Investment investors about its performance. Saudi Egyptian is trading at 63.56 as of the 1st of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 61.13. With this module, you can estimate the performance of a buy and hold strategy of Saudi Egyptian Investment and determine expected loss or profit from investing in Saudi Egyptian over a given investment horizon. Check out World Market Map 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
Saudi
Saudi Egyptian '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 Saudi Egyptian'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 Saudi Egyptian.
0.00
06/04/2024
No Change 0.00
0.0
In 5 months and 30 days
12/01/2024
0.00
If you would invest 0.00 in Saudi Egyptian on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Saudi Egyptian Investment or generate 0.0% return on investment in Saudi Egyptian over 180 days.
Saudi Egyptian 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 Saudi Egyptian'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 Saudi Egyptian 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 Saudi Egyptian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saudi Egyptian's standard deviation. In reality, there are many statistical measures that can use Saudi Egyptian historical prices to predict the future Saudi Egyptian's volatility.
Saudi Egyptian appears to be very steady, given 3 months investment horizon. Saudi Egyptian Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0964, which indicates the firm had a 0.0964% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Saudi Egyptian Investment, which you can use to evaluate the volatility of the company. Please review Saudi Egyptian's Semi Deviation of 1.21, risk adjusted performance of 0.0735, and Coefficient Of Variation of 1156.1 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Saudi Egyptian holds a performance score of 7. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Saudi Egyptian are expected to decrease at a much lower rate. During the bear market, Saudi Egyptian is likely to outperform the market. Please check Saudi Egyptian's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Saudi Egyptian's existing price patterns will revert.
Auto-correlation
-0.35
Poor reverse predictability
Saudi Egyptian Investment has poor reverse predictability. Overlapping area represents the amount of predictability between Saudi Egyptian time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Saudi Egyptian Investment price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Saudi Egyptian price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.35
Spearman Rank Test
-0.31
Residual Average
0.0
Price Variance
8.98
Saudi Egyptian Investment lagged returns against current returns
Autocorrelation, which is Saudi Egyptian 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 Saudi Egyptian's stock expected returns. We can calculate the autocorrelation of Saudi Egyptian returns to help us make a trade decision. For example, suppose you find that Saudi Egyptian 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
Saudi Egyptian 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 Saudi Egyptian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saudi Egyptian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saudi Egyptian stock over time.
Current vs Lagged Prices
Timeline
Saudi Egyptian Lagged Returns
When evaluating Saudi Egyptian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saudi Egyptian stock have on its future price. Saudi Egyptian 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, Saudi Egyptian autocorrelation shows the relationship between Saudi Egyptian stock current value and its past values and can show if there is a momentum factor associated with investing in Saudi Egyptian Investment.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.