Misr Chemical (Egypt) Price on November 12, 2024
| MICH Stock | 29.18 0.18 0.62% |
If you're considering investing in Misr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Misr Chemical stands at 29.18, as last reported on the 16th of December 2024, with the highest price reaching 29.40 and the lowest price hitting 28.70 during the day. Misr Chemical Industries has Sharpe Ratio of -0.0076, which conveys that the firm had a -0.0076% return per unit of risk over the last 3 months. Misr Chemical exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Misr Chemical's Mean Deviation of 1.66, downside deviation of 3.1, and Risk Adjusted Performance of 0.0532 to check out the risk estimate we provide.
Misr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Misr |
Sharpe Ratio = -0.0076
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MICH |
Estimated Market Risk
| 2.81 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Misr 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 Misr Chemical by adding Misr Chemical to a well-diversified portfolio.
Misr Chemical Valuation on November 12, 2024
It is possible to determine the worth of Misr Chemical on a given historical date. On November 12, 2024 Misr was worth 35.83 at the beginning of the trading date compared to the closed value of 35.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Misr Chemical stock. Still, in general, we apply an absolute valuation method to find Misr 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 Misr Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Misr Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 35.73 | 36.00 | 35.46 | 35.83 | 154,260 | |
11/12/2024 | 35.83 | 35.90 | 35.43 | 35.52 | 134,457 |
| 35.52 | 35.89 | 35.05 | 35.21 | 198,252 |
| Backtest Misr Chemical | | | Misr Chemical History | Previous | Next |
Misr Chemical Trading Date Momentum on November 12, 2024
| On November 13 2024 Misr Chemical Industries was traded for 35.21 at the closing time. The highest price during the trading period was 35.89 and the lowest recorded bid was listed for 35.05 . The volume for the day was 198.3 K. This history from November 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.87% . The trading delta at closing time to the current price is 0.93% . |
Price Boundaries
Misr Chemical Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Misr 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.
Misr Chemical December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Misr 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 Misr Chemical shares will generate the highest return on investment. By undertsting and applying Misr Chemical stock market strength indicators, traders can identify Misr Chemical Industries entry and exit signals to maximize returns
Misr Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Misr Chemical's price direction in advance. Along with the technical and fundamental analysis of Misr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Misr 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 | 0.0532 | |||
| Jensen Alpha | 0.122 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | 0.319 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Misr Stock analysis
When running Misr Chemical's price analysis, check to measure Misr 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 Misr Chemical is operating at the current time. Most of Misr Chemical's value examination focuses on studying past and present price action to predict the probability of Misr 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 Misr Chemical's price. Additionally, you may evaluate how the addition of Misr Chemical to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |