Arad (Israel) Price on November 27, 2024
| ARD Stock | ILA 4,965 134.00 2.63% |
If you're considering investing in Arad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arad stands at 4,965, as last reported on the 2nd of December, with the highest price reaching 5,197 and the lowest price hitting 4,787 during the day. At this point, Arad is very steady. Arad secures Sharpe Ratio (or Efficiency) of 0.0397, which signifies that the company had a 0.0397% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Arad, which you can use to evaluate the volatility of the firm. Please confirm Arad's mean deviation of 1.11, and Risk Adjusted Performance of 0.0274 to double-check if the risk estimate we provide is consistent with the expected return of 0.0601%.
Arad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arad |
Sharpe Ratio = 0.0397
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Arad is performing at about 3% of its full potential. 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 Arad by adding it to a well-diversified portfolio.
Arad Valuation on November 27, 2024
It is possible to determine the worth of Arad on a given historical date. On November 27, 2024 Arad was worth 5204.0 at the beginning of the trading date compared to the closed value of 5099.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arad stock. Still, in general, we apply an absolute valuation method to find Arad'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 Arad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arad's related companies.
| Open | High | Low | Close | Volume | |
| 5,200 | 5,285 | 5,145 | 5,197 | 14,025 | |
11/27/2024 | 5,204 | 5,257 | 5,000 | 5,099 | 17,891 |
| 5,197 | 5,197 | 4,787 | 4,965 | 10,169 |
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Arad Trading Date Momentum on November 27, 2024
| On November 28 2024 Arad was traded for 4,965 at the closing time. The maximum traded price for the trading interval was 5,197 and the lowest daily price was 4,787 . The daily volume was recorded at 10.2 K. The volume of trading on 28th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.63% . The overall trading delta to the closing price today is 1.92% . |
Arad Fundamentals Correlations and Trends
By evaluating Arad's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Arad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arad Stock history
Arad investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Arad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arad will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Arad stock prices may prove useful in developing a viable investing in Arad
Arad Stock Technical Analysis
Arad technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Arad Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Arad cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock 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.
Arad December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Arad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arad shares will generate the highest return on investment. By undertsting and applying Arad stock market strength indicators, traders can identify Arad entry and exit signals to maximize returns
Arad Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arad's price direction in advance. Along with the technical and fundamental analysis of Arad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arad 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 | 0.0274 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.17) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Arad Stock analysis
When running Arad's price analysis, check to measure Arad'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 Arad is operating at the current time. Most of Arad's value examination focuses on studying past and present price action to predict the probability of Arad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arad's price. Additionally, you may evaluate how the addition of Arad to your portfolios can decrease your overall portfolio volatility.
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