Fawry For's market value is the price at which a share of Fawry For trades on a public exchange. It measures the collective expectations of Fawry For Banking investors about its performance. Fawry For is trading at 8.80 as of the 15th of December 2024. This is a 0.46 percent up since the beginning of the trading day. The stock's lowest day price was 8.76. With this module, you can estimate the performance of a buy and hold strategy of Fawry For Banking and determine expected loss or profit from investing in Fawry For 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
Fawry
Fawry For '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 Fawry For'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 Fawry For.
0.00
11/15/2024
No Change 0.00
0.0
In 31 days
12/15/2024
0.00
If you would invest 0.00 in Fawry For on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Fawry For Banking or generate 0.0% return on investment in Fawry For over 30 days.
Fawry For 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 Fawry For'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 Fawry For Banking 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 Fawry For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fawry For's standard deviation. In reality, there are many statistical measures that can use Fawry For historical prices to predict the future Fawry For's volatility.
Fawry For appears to be somewhat reliable, given 3 months investment horizon. Fawry For Banking secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fawry For Banking, which you can use to evaluate the volatility of the firm. Please utilize Fawry For's Mean Deviation of 1.71, coefficient of variation of 633.61, and Downside Deviation of 2.09 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fawry For holds a performance score of 10. The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fawry For are expected to decrease at a much lower rate. During the bear market, Fawry For is likely to outperform the market. Please check Fawry For's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Fawry For's price patterns will revert.
Auto-correlation
-0.42
Modest reverse predictability
Fawry For Banking has modest reverse predictability. Overlapping area represents the amount of predictability between Fawry For time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Fawry For Banking price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Fawry For price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.42
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
0.04
Fawry For Banking lagged returns against current returns
Autocorrelation, which is Fawry For 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 Fawry For's stock expected returns. We can calculate the autocorrelation of Fawry For returns to help us make a trade decision. For example, suppose you find that Fawry For 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
Fawry For 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 Fawry For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fawry For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fawry For stock over time.
Current vs Lagged Prices
Timeline
Fawry For Lagged Returns
When evaluating Fawry For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fawry For stock have on its future price. Fawry For 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, Fawry For autocorrelation shows the relationship between Fawry For stock current value and its past values and can show if there is a momentum factor associated with investing in Fawry For Banking.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.