Arena Star (Israel) Price on November 21, 2024

ARNA Stock  ILS 196.50  3.30  1.65%   
If you're considering investing in Arena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arena Star stands at 196.50, as last reported on the 30th of November, with the highest price reaching 199.80 and the lowest price hitting 192.00 during the day. Arena Star Group secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of standard deviation over the last 3 months. Arena Star Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arena Star's mean deviation of 1.42, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
Arena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2099

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Arena Star is not performing at its full potential. However, 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 Arena Star by adding Arena Star to a well-diversified portfolio.

Arena Star Valuation on November 21, 2024

It is possible to determine the worth of Arena Star on a given historical date. On November 21, 2024 Arena was worth 199.6 at the beginning of the trading date compared to the closed value of 198.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arena Star stock. Still, in general, we apply an absolute valuation method to find Arena Star'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 Arena Star where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arena Star's related companies.
 Open High Low Close Volume
  199.80    202.00    197.50    199.10    778,526  
11/21/2024
  199.60    200.50    198.10    198.70    67,794  
  200.20    205.00    200.20    204.60    192,063  
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Open Value
199.6
195.19
Downside
198.7
Closing Value
204.01
Upside

Arena Star Trading Date Momentum on November 21, 2024

On November 25 2024 Arena Star Group was traded for  204.60  at the closing time. The highest price during the trading period was 205.00  and the lowest recorded bid was listed for  200.20 . The volume for the day was 192.1 K. This history from November 25, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.97% . The overall trading delta to the current price is 0.55% .

Arena Star Group Fundamentals Correlations and Trends

By evaluating Arena Star'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 Arena Star's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arena financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Arena Star Stock history

Arena Star 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 Arena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arena Star Group 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 Arena Star stock prices may prove useful in developing a viable investing in Arena Star
Arena Star Group Ltd. engages in the real estate activities in Israel and Kazakhstan. Arena Star Group Ltd., operates as a subsidiary of Asian Service Trade Control Rte. ARENA STAR is traded on Tel Aviv Stock Exchange in Israel.

Arena Star Stock Technical Analysis

Arena Star 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.
A focus of Arena Star technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Arena Star trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Arena Star Period Price Range

Low
November 30, 2024
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High

 0.00 

     

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Arena Star Group 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.

Arena Star November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Arena Star stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arena Star shares will generate the highest return on investment. By undertsting and applying Arena Star stock market strength indicators, traders can identify Arena Star Group entry and exit signals to maximize returns

Arena Star Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Arena Star's price direction in advance. Along with the technical and fundamental analysis of Arena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arena 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.

Complementary Tools for Arena Stock analysis

When running Arena Star's price analysis, check to measure Arena Star'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 Arena Star is operating at the current time. Most of Arena Star's value examination focuses on studying past and present price action to predict the probability of Arena Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arena Star's price. Additionally, you may evaluate how the addition of Arena Star to your portfolios can decrease your overall portfolio volatility.
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