Zahraa Maadi's market value is the price at which a share of Zahraa Maadi trades on a public exchange. It measures the collective expectations of Zahraa Maadi Investment investors about its performance. Zahraa Maadi is trading at 7.18 as of the 13th of December 2024. This is a 0.14 percent down since the beginning of the trading day. The stock's lowest day price was 7.18. With this module, you can estimate the performance of a buy and hold strategy of Zahraa Maadi Investment and determine expected loss or profit from investing in Zahraa Maadi over a given investment horizon. Check out Your Current Watchlist 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
Zahraa
Zahraa Maadi '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 Zahraa Maadi'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 Zahraa Maadi.
0.00
11/13/2024
No Change 0.00
0.0
In 31 days
12/13/2024
0.00
If you would invest 0.00 in Zahraa Maadi on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Zahraa Maadi Investment or generate 0.0% return on investment in Zahraa Maadi over 30 days.
Zahraa Maadi 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 Zahraa Maadi'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 Zahraa Maadi Investment 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 Zahraa Maadi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zahraa Maadi's standard deviation. In reality, there are many statistical measures that can use Zahraa Maadi historical prices to predict the future Zahraa Maadi's volatility.
At this point, Zahraa Maadi is somewhat reliable. Zahraa Maadi Investment shows Sharpe Ratio of 0.027, which attests that the company had a 0.027% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zahraa Maadi Investment, which you can use to evaluate the volatility of the company. Please check out Zahraa Maadi's Mean Deviation of 1.51, market risk adjusted performance of 0.4537, and Downside Deviation of 1.83 to validate if the risk estimate we provide is consistent with the expected return of 0.057%. Zahraa Maadi has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zahraa Maadi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zahraa Maadi is expected to be smaller as well. Zahraa Maadi Investment right now maintains a risk of 2.11%. Please check out Zahraa Maadi Investment total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Zahraa Maadi Investment will be following its historical returns.
Auto-correlation
-0.64
Very good reverse predictability
Zahraa Maadi Investment has very good reverse predictability. Overlapping area represents the amount of predictability between Zahraa Maadi time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Zahraa Maadi Investment price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Zahraa Maadi price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.64
Spearman Rank Test
-0.13
Residual Average
0.0
Price Variance
0.02
Zahraa Maadi Investment lagged returns against current returns
Autocorrelation, which is Zahraa Maadi 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 Zahraa Maadi's stock expected returns. We can calculate the autocorrelation of Zahraa Maadi returns to help us make a trade decision. For example, suppose you find that Zahraa Maadi 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
Zahraa Maadi 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 Zahraa Maadi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zahraa Maadi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zahraa Maadi stock over time.
Current vs Lagged Prices
Timeline
Zahraa Maadi Lagged Returns
When evaluating Zahraa Maadi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zahraa Maadi stock have on its future price. Zahraa Maadi 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, Zahraa Maadi autocorrelation shows the relationship between Zahraa Maadi stock current value and its past values and can show if there is a momentum factor associated with investing in Zahraa Maadi Investment.
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.