Clal Biotechnology (Israel) Price on October 31, 2024
CBI Stock | 37.80 1.40 3.85% |
If you're considering investing in Clal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clal Biotechnology stands at 37.80, as last reported on the 27th of November, with the highest price reaching 38.00 and the lowest price hitting 37.40 during the day. Clal Biotechnology secures Sharpe Ratio (or Efficiency) of -0.0326, which signifies that the company had a -0.0326% return per unit of standard deviation over the last 3 months. Clal Biotechnology Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clal Biotechnology's mean deviation of 2.5, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Clal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clal |
Sharpe Ratio = -0.0326
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Estimated Market Risk
2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clal Biotechnology 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 Clal Biotechnology by adding Clal Biotechnology to a well-diversified portfolio.
Clal Biotechnology Valuation on October 31, 2024
It is possible to determine the worth of Clal Biotechnology on a given historical date. On October 31, 2024 Clal was worth 40.0 at the beginning of the trading date compared to the closed value of 37.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clal Biotechnology stock. Still, in general, we apply an absolute valuation method to find Clal Biotechnology'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 Clal Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clal Biotechnology's related companies.
Open | High | Low | Close | Volume | |
39.80 | 39.80 | 38.80 | 38.80 | 46,353 | |
10/31/2024 | 40.00 | 40.00 | 36.40 | 37.50 | 2,391,298 |
38.00 | 38.00 | 37.40 | 37.80 | 149,530 |
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Clal Biotechnology Trading Date Momentum on October 31, 2024
On November 04 2024 Clal Biotechnology Industries was traded for 37.80 at the closing time. The maximum traded price for the trading interval was 38.00 and the lowest daily price was 37.40 . The daily volume was recorded at 149.5 K. The volume of trading on 4th of November 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 0.80% . The overall trading delta to the closing price today is 3.20% . |
Clal Biotechnology Fundamentals Correlations and Trends
By evaluating Clal Biotechnology'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 Clal Biotechnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clal Biotechnology Stock history
Clal Biotechnology 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 Clal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clal Biotechnology 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 Clal Biotechnology stock prices may prove useful in developing a viable investing in Clal Biotechnology
Clal Biotechnology Industries Ltd. is a private equity and venture capital firm specializing in development stage, pre-clinical incubation, seed, start-up, early venture, emerging growth, mid venture, late venture, PIPEs, and growth capital stages of financing. It operates as a subsidiary of Clal Industries and Investments Ltd. CLAL BIOTECHNOLOGY operates under Biotechnology classification in Israel and is traded on Tel Aviv Stock Exchange.
Clal Biotechnology Stock Technical Analysis
Clal Biotechnology 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
Clal Biotechnology Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Clal Biotechnology 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.
Clal Biotechnology November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Clal Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clal Biotechnology shares will generate the highest return on investment. By undertsting and applying Clal Biotechnology stock market strength indicators, traders can identify Clal Biotechnology Industries entry and exit signals to maximize returns
Clal Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clal Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Clal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clal 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 | (0.02) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (1.68) |
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Clal Stock analysis
When running Clal Biotechnology's price analysis, check to measure Clal Biotechnology'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 Clal Biotechnology is operating at the current time. Most of Clal Biotechnology's value examination focuses on studying past and present price action to predict the probability of Clal Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clal Biotechnology's price. Additionally, you may evaluate how the addition of Clal Biotechnology to your portfolios can decrease your overall portfolio volatility.
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