|NQEGT -- Egypt Index|| |
1,325 0.82 0.06%
As of 24 of August NQEGT secures Mean Deviation
of 0.5151 and Risk Adjusted Performance
of 0.0789. Macroaxis technical analysis interface lets you check practical technical drivers
as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers
for NQEGT which can be compared to its peers in the industry. Please verify NQEGT Jensen Alpha
as well as the relationship
between Potential Upside
to decide if NQEGT is priced more or less accurately providing market reflects its recent price of 1325.2 per share.
NQEGT Trend Analysis
Use this graph to draw trend lines for NQEGT. You can use it to identify possible trend reversals for NQEGT as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NQEGT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NQEGT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NQEGT applied against its price change over selected period. The best fit line has a slop of 1.71 %
which means NQEGT will continue generating value for investors. It has 78 observation points and a regression sum of squares at 28977.73, which is the sum of squared deviations for the predicted NQEGT price change compared to its average price change.