Egyptian Media is trading at 24.48 as of the 26th of November 2024. This is a 0.89% down since the beginning of the trading day. The stock's lowest day price was 24.4. Egyptian Media has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Egyptian Media Production are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
Although Egyptian Media's alpha and beta are two of the key measurements used to evaluate Egyptian Media's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Egyptian Media stock to make a market-neutral strategy. Peer analysis of Egyptian Media could also be used in its relative valuation, which is a method of valuing Egyptian Media by comparing valuation metrics with similar companies.