Avrot Industries (Israel) Price on September 23, 2024
AVRT Stock | ILA 47.90 1.60 3.23% |
If you're considering investing in Avrot Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avrot Industries stands at 47.90, as last reported on the 23rd of November, with the highest price reaching 47.90 and the lowest price hitting 46.20 during the day. Avrot Industries secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Avrot Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avrot Industries' Risk Adjusted Performance of (0.17), standard deviation of 0.8073, and Mean Deviation of 0.403 to double-check the risk estimate we provide.
Avrot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avrot |
Sharpe Ratio = -0.1924
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Estimated Market Risk
0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avrot Industries 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 Avrot Industries by adding Avrot Industries to a well-diversified portfolio.
Avrot Industries Valuation on September 23, 2024
It is possible to determine the worth of Avrot Industries on a given historical date. On September 23, 2024 Avrot was worth 50.8 at the beginning of the trading date compared to the closed value of 50.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avrot Industries stock. Still, in general, we apply an absolute valuation method to find Avrot Industries' 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 Avrot Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avrot Industries' related companies.
Open | High | Low | Close | Volume | |
50.80 | 50.80 | 50.80 | 50.80 | 1.00 | |
09/23/2024 | 50.80 | 50.80 | 50.80 | 50.80 | 1.00 |
50.80 | 50.80 | 50.80 | 50.80 | 1.00 |
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Avrot Industries Trading Date Momentum on September 23, 2024
On September 24 2024 Avrot Industries was traded for 50.80 at the closing time. The highest price during the trading period was 50.80 and the lowest recorded bid was listed for 50.80 . There was no trading activity during the period 1.0. Lack of trading volume on September 24, 2024 did not affect price variability. The overall trading delta to the current price is 0.39% . |
Avrot Industries Fundamentals Correlations and Trends
By evaluating Avrot Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avrot Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avrot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avrot Industries Stock history
Avrot Industries 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 Avrot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avrot Industries 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 Avrot Industries stock prices may prove useful in developing a viable investing in Avrot Industries
Avrot Industries Ltd engages in the lining and coating of steel pipes in Israel. Avrot Industries Ltd was founded in 1984 and is based in Beerot Yitzhak, Israel. AVROT INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.
Avrot Industries Stock Technical Analysis
Avrot Industries 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
Avrot Industries Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Avrot Industries 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.
Avrot Industries November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Avrot Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avrot Industries shares will generate the highest return on investment. By undertsting and applying Avrot Industries stock market strength indicators, traders can identify Avrot Industries entry and exit signals to maximize returns
Avrot Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avrot Industries' price direction in advance. Along with the technical and fundamental analysis of Avrot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avrot 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 | (0.17) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.8103 |
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Complementary Tools for Avrot Stock analysis
When running Avrot Industries' price analysis, check to measure Avrot Industries' 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 Avrot Industries is operating at the current time. Most of Avrot Industries' value examination focuses on studying past and present price action to predict the probability of Avrot Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avrot Industries' price. Additionally, you may evaluate how the addition of Avrot Industries to your portfolios can decrease your overall portfolio volatility.
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