Egyptian Chemical (Egypt) Price on November 21, 2024
| EGCH Stock | 7.92 0.06 0.75% |
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 7.92, as last reported on the 4th of December, with the highest price reaching 8.05 and the lowest price hitting 7.91 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-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Egyptian Chemical's Mean Deviation of 1.11, variance of 2.62, and Standard Deviation of 1.62 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 = -0.1247
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EGCH |
Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.18 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 November 21, 2024
It is possible to determine the worth of Egyptian Chemical on a given historical date. On November 21, 2024 Egyptian was worth 8.06 at the beginning of the trading date compared to the closed value of 8.09. 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 | |
| 8.10 | 8.18 | 8.04 | 8.06 | 860,221 | |
11/21/2024 | 8.06 | 8.18 | 8.05 | 8.09 | 733,530 |
| 7.96 | 7.99 | 7.80 | 7.84 | 1,043,061 |
| Backtest Egyptian Chemical | | | Egyptian Chemical History | Previous | Next |
Egyptian Chemical Trading Date Momentum on November 21, 2024
| On November 25 2024 Egyptian Chemical Industries was traded for 7.84 at the closing time. The highest price during the trading period was 7.99 and the lowest recorded bid was listed for 7.80 . The volume for the day was 1 M. This history from November 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.09% . The overall trading delta to the current price is 0.99% . |
Price Boundaries
Egyptian Chemical Period Price Range
Low | December 4, 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 4, 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.3129 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |