Birman Wood (Israel) Price on October 9, 2024

BIRM Stock   976.00  18.40  1.92%   
If you're considering investing in Birman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Birman Wood stands at 976.00, as last reported on the 1st of December, with the highest price reaching 976.00 and the lowest price hitting 972.70 during the day. Birman Wood appears to be very steady, given 3 months investment horizon. Birman Wood secures Sharpe Ratio (or Efficiency) of 0.0449, which signifies that the company had a 0.0449% return per unit of risk over the last 3 months. We have found thirty technical indicators for Birman Wood and, which you can use to evaluate the volatility of the firm. Please makes use of Birman Wood's Mean Deviation of 3.3, risk adjusted performance of 0.0285, and Downside Deviation of 4.37 to double-check if our risk estimates are consistent with your expectations.
  
Birman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0449

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Estimated Market Risk

 7.03
  actual daily
62
62% of assets are less volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Birman Wood 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 Birman Wood by adding it to a well-diversified portfolio.

Birman Wood Valuation on October 9, 2024

It is possible to determine the worth of Birman Wood on a given historical date. On October 9, 2024 Birman was worth 965.3 at the beginning of the trading date compared to the closed value of 965.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Birman Wood stock. Still, in general, we apply an absolute valuation method to find Birman Wood'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 Birman Wood where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Birman Wood's related companies.
 Open High Low Close Volume
  966.00    970.10    966.00    966.00    2,843  
10/09/2024
  965.30    965.30    965.00    965.00    605.00  
  935.00    949.00    935.00    949.00    118.00  
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Open Value
965.3
944.22
Downside
965.0
Closing Value
986.38
Upside

Birman Wood Trading Date Momentum on October 9, 2024

On October 10 2024 Birman Wood and was traded for  949.00  at the closing time. The highest price during the trading period was 949.00  and the lowest recorded bid was listed for  935.00 . The volume for the day was 118. This history from October 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.66% . The overall trading delta to the current price is 3.63% .

Birman Wood Fundamentals Correlations and Trends

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

About Birman Wood Stock history

Birman Wood 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 Birman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Birman Wood 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 Birman Wood stock prices may prove useful in developing a viable investing in Birman Wood
Birman Wood Hardware Ltd imports, produces, and markets wood panels, hardware products, kitchen electrical appliances, and laminate flooring parquets in Israel. The company was founded in 1932 and is based in Tiberias, Israel. BIRMAN WOOD is traded on Tel Aviv Stock Exchange in Israel.

Birman Wood Stock Technical Analysis

Birman Wood 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 Birman Wood technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Birman Wood 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

Birman Wood Period Price Range

Low
December 1, 2024
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High

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Birman Wood and 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.

Birman Wood December 1, 2024 Market Strength

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

Birman Wood Technical and Predictive Indicators

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

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