Upper Egypt's market value is the price at which a share of Upper Egypt trades on a public exchange. It measures the collective expectations of Upper Egypt Flour investors about its performance. Upper Egypt is trading at 328.96 as of the 28th of November 2024. This is a 10.74 percent up since the beginning of the trading day. The stock's lowest day price was 303.21. With this module, you can estimate the performance of a buy and hold strategy of Upper Egypt Flour and determine expected loss or profit from investing in Upper Egypt 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
Upper
Upper Egypt '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 Upper Egypt'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 Upper Egypt.
0.00
12/09/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
11/28/2024
0.00
If you would invest 0.00 in Upper Egypt on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Upper Egypt Flour or generate 0.0% return on investment in Upper Egypt over 720 days.
Upper Egypt 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 Upper Egypt'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 Upper Egypt Flour 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 Upper Egypt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Upper Egypt's standard deviation. In reality, there are many statistical measures that can use Upper Egypt historical prices to predict the future Upper Egypt's volatility.
Upper Egypt is very steady given 3 months investment horizon. Upper Egypt Flour owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% 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 1.43% are justified by taking the suggested risk. Use Upper Egypt Flour Semi Deviation of 0.7016, coefficient of variation of 498.21, and Risk Adjusted Performance of 0.1621 to evaluate company specific risk that cannot be diversified away. Upper Egypt holds a performance score of 17 on a scale of zero to a hundred. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Upper Egypt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Upper Egypt is expected to be smaller as well. Use Upper Egypt Flour maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Upper Egypt Flour.
Auto-correlation
0.73
Good predictability
Upper Egypt Flour has good predictability. Overlapping area represents the amount of predictability between Upper Egypt time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Upper Egypt Flour price movement. The serial correlation of 0.73 indicates that around 73.0% of current Upper Egypt price fluctuation can be explain by its past prices.
Correlation Coefficient
0.73
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
1053.26
Upper Egypt Flour lagged returns against current returns
Autocorrelation, which is Upper Egypt 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 Upper Egypt's stock expected returns. We can calculate the autocorrelation of Upper Egypt returns to help us make a trade decision. For example, suppose you find that Upper Egypt 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
Upper Egypt 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 Upper Egypt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Upper Egypt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Upper Egypt stock over time.
Current vs Lagged Prices
Timeline
Upper Egypt Lagged Returns
When evaluating Upper Egypt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Upper Egypt stock have on its future price. Upper Egypt 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, Upper Egypt autocorrelation shows the relationship between Upper Egypt stock current value and its past values and can show if there is a momentum factor associated with investing in Upper Egypt Flour.
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.