Emaar Misr's market value is the price at which a share of Emaar Misr trades on a public exchange. It measures the collective expectations of Emaar Misr for investors about its performance. Emaar Misr is trading at 7.57 as of the 24th of December 2024. This is a 1.05 percent down since the beginning of the trading day. The stock's lowest day price was 7.46. With this module, you can estimate the performance of a buy and hold strategy of Emaar Misr for and determine expected loss or profit from investing in Emaar Misr over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Emaar
Emaar Misr 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Emaar Misr's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Emaar Misr.
0.00
01/04/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/24/2024
0.00
If you would invest 0.00 in Emaar Misr on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Emaar Misr for or generate 0.0% return on investment in Emaar Misr over 720 days.
Emaar Misr Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Emaar Misr's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Emaar Misr for upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emaar Misr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emaar Misr's standard deviation. In reality, there are many statistical measures that can use Emaar Misr historical prices to predict the future Emaar Misr's volatility.
Emaar Misr for secures Sharpe Ratio (or Efficiency) of -0.0543, which denotes the company had a -0.0543% return per unit of standard deviation over the last 3 months. Emaar Misr for exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emaar Misr's Semi Deviation of 2.27, downside deviation of 2.34, and Mean Deviation of 2.06 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emaar Misr are expected to decrease at a much lower rate. During the bear market, Emaar Misr is likely to outperform the market. At this point, Emaar Misr for has a negative expected return of -0.14%. Please make sure to confirm Emaar Misr's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Emaar Misr for performance from the past will be repeated at some point in the near future.
Auto-correlation
0.51
Modest predictability
Emaar Misr for has modest predictability. Overlapping area represents the amount of predictability between Emaar Misr time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emaar Misr for price movement. The serial correlation of 0.51 indicates that about 51.0% of current Emaar Misr price fluctuation can be explain by its past prices.
Correlation Coefficient
0.51
Spearman Rank Test
0.49
Residual Average
0.0
Price Variance
1.78
Emaar Misr for lagged returns against current returns
Autocorrelation, which is Emaar Misr stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Emaar Misr's stock expected returns. We can calculate the autocorrelation of Emaar Misr returns to help us make a trade decision. For example, suppose you find that Emaar Misr has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Emaar Misr regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Emaar Misr stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emaar Misr stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emaar Misr stock over time.
Current vs Lagged Prices
Timeline
Emaar Misr Lagged Returns
When evaluating Emaar Misr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emaar Misr stock have on its future price. Emaar Misr autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Emaar Misr autocorrelation shows the relationship between Emaar Misr stock current value and its past values and can show if there is a momentum factor associated with investing in Emaar Misr for.
Regressed Prices
Timeline
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