Egyptian Chemical (Egypt) Price on October 3, 2024
| EGCH Stock | 7.77 0.01 0.13% |
If you're considering investing in Egyptian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Egyptian Chemical stands at 7.77, as last reported on the 12th of December 2024, with the highest price reaching 7.86 and the lowest price hitting 7.75 during the day. Egyptian Chemical secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Egyptian Chemical Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Egyptian Chemical's Variance of 2.5, standard deviation of 1.58, and Mean Deviation of 1.09 to check the risk estimate we provide.
Egyptian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Egyptian |
Sharpe Ratio = -0.1176
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Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Egyptian Chemical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Egyptian Chemical by adding Egyptian Chemical to a well-diversified portfolio.
Egyptian Chemical Valuation on October 3, 2024
It is possible to determine the worth of Egyptian Chemical on a given historical date. On October 3, 2024 Egyptian was worth 8.5 at the beginning of the trading date compared to the closed value of 8.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Egyptian Chemical stock. Still, in general, we apply an absolute valuation method to find Egyptian Chemical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Egyptian Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Egyptian Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 8.70 | 8.77 | 8.50 | 8.50 | 2,023,214 | |
10/03/2024 | 8.50 | 8.60 | 8.48 | 8.53 | 997,768 |
| 8.53 | 8.60 | 8.42 | 8.43 | 1,186,348 |
| Backtest Egyptian Chemical | | | Egyptian Chemical History | Previous | Next |
Egyptian Chemical Trading Date Momentum on October 3, 2024
| On October 07 2024 Egyptian Chemical Industries was traded for 8.43 at the closing time. The highest price during the trading period was 8.60 and the lowest recorded bid was listed for 8.42 . The volume for the day was 1.2 M. This history from October 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.17% . The overall trading delta to the current price is 5.39% . |
Price Boundaries
Egyptian Chemical Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Egyptian Chemical Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Egyptian Chemical December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Egyptian Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Egyptian Chemical shares will generate the highest return on investment. By undertsting and applying Egyptian Chemical stock market strength indicators, traders can identify Egyptian Chemical Industries entry and exit signals to maximize returns
Egyptian Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Egyptian Chemical's price direction in advance. Along with the technical and fundamental analysis of Egyptian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Egyptian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.5726 |
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Complementary Tools for Egyptian Stock analysis
When running Egyptian Chemical's price analysis, check to measure Egyptian Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Egyptian Chemical is operating at the current time. Most of Egyptian Chemical's value examination focuses on studying past and present price action to predict the probability of Egyptian Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egyptian Chemical's price. Additionally, you may evaluate how the addition of Egyptian Chemical to your portfolios can decrease your overall portfolio volatility.
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