Iron (Egypt) Price on January 15, 2024
| ISMQ Stock | 4.22 0.03 0.71% |
If you're considering investing in Iron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Iron stands at 4.22, as last reported on the 17th of December 2024, with the highest price reaching 4.28 and the lowest price hitting 4.22 during the day. Iron And Steel holds Efficiency (Sharpe) Ratio of -0.0751, which attests that the entity had a -0.0751% return per unit of risk over the last 3 months. Iron And Steel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iron's Standard Deviation of 2.27, market risk adjusted performance of (14.56), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Iron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Iron |
Sharpe Ratio = -0.0751
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| Negative Returns | ISMQ |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iron 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 Iron by adding Iron to a well-diversified portfolio.
Iron Valuation on January 15, 2024
It is possible to determine the worth of Iron on a given historical date. On January 15, 2024 Iron was worth 3.22 at the beginning of the trading date compared to the closed value of 3.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iron stock. Still, in general, we apply an absolute valuation method to find Iron'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 Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iron's related companies.
| Open | High | Low | Close | Volume | |
| 2.69 | 2.69 | 2.44 | 2.69 | 7,499,065 | |
01/15/2024 | 3.22 | 3.86 | 3.11 | 3.64 | 66,064,195 |
| 3.64 | 3.67 | 3.25 | 3.33 | 35,385,559 |
| Backtest Iron | | | Iron History | Previous | Next |
Iron Trading Date Momentum on January 15, 2024
| On January 16 2024 Iron And Steel was traded for 3.33 at the closing time. The highest price during the trading period was 3.67 and the lowest recorded bid was listed for 3.25 . The volume for the day was 35.4 M. This history from January 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 8.52% . The trading delta at closing time to the current price is 2.75% . |
Price Boundaries
Iron Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Iron And Steel 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.
Iron December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iron shares will generate the highest return on investment. By undertsting and applying Iron stock market strength indicators, traders can identify Iron And Steel entry and exit signals to maximize returns
Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iron's price direction in advance. Along with the technical and fundamental analysis of Iron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iron 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 | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (14.57) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Iron Stock analysis
When running Iron's price analysis, check to measure Iron'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 Iron is operating at the current time. Most of Iron's value examination focuses on studying past and present price action to predict the probability of Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron's price. Additionally, you may evaluate how the addition of Iron to your portfolios can decrease your overall portfolio volatility.
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