Edri El (Israel) Price on August 20, 2024

EDRL Stock  ILS 17.80  1.40  7.29%   
If you're considering investing in Edri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edri El stands at 17.80, as last reported on the 12th of December 2024, with the highest price reaching 17.80 and the lowest price hitting 17.80 during the day. Edri El secures Sharpe Ratio (or Efficiency) of -0.0827, which denotes the company had a -0.0827% return per unit of risk over the last 3 months. Edri El exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edri El's Variance of 26.13, standard deviation of 5.11, and Mean Deviation of 2.99 to check the risk estimate we provide.
  
Edri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0827

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Estimated Market Risk

 4.33
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Edri El 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 Edri El by adding Edri El to a well-diversified portfolio.

Edri El Valuation on August 20, 2024

It is possible to determine the worth of Edri El on a given historical date. On August 20, 2024 Edri was worth 20.6 at the beginning of the trading date compared to the closed value of 20.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edri El stock. Still, in general, we apply an absolute valuation method to find Edri El'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 Edri El where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edri El's related companies.
 Open High Low Close Volume
  20.60    20.60    20.60    20.60    1.00  
08/20/2024
  20.60    20.60    20.60    20.60    2,400  
  20.60    20.60    20.60    20.60    1.00  
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Open Value
20.6
20.6
Closing Value
33.59
Upside

Edri El Trading Date Momentum on August 20, 2024

On August 21 2024 Edri El was traded for  20.60  at the closing time. The highest price during the trading period was 20.60  and the lowest recorded bid was listed for  20.60 . There was no trading activity during the period 1.0. Lack of trading volume on August 21, 2024 did not affect price variability. The overall trading delta to the current price is 0.97% .

Edri El Fundamentals Correlations and Trends

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

About Edri El Stock history

Edri El 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 Edri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edri El 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 Edri El stock prices may prove useful in developing a viable investing in Edri El
Edri-El Israel Assets Ltd. initiates, develops, constructs, leases, manages, and maintains commercial investment properties in Israel. Edri-El Israel Assets Ltd. was founded in 2006 and is based in Tel Aviv, Israel. EDRI EL is traded on Tel Aviv Stock Exchange in Israel.

Edri El Stock Technical Analysis

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

Edri El Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Edri El 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.

Edri El December 12, 2024 Market Strength

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

Edri El Technical and Predictive Indicators

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

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