Edri El (Israel) Price on November 16, 2023
| EDRL Stock | ILS 25.00 2.20 8.09% |
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 25.00, as last reported on the 31st of January, with the highest price reaching 28.50 and the lowest price hitting 24.50 during the day. Edri El appears to be slightly risky, given 3 months investment horizon. Edri El secures Sharpe Ratio (or Efficiency) of 0.0573, which denotes the company had a 0.0573 % return per unit of risk over the last 3 months. By reviewing Edri El's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Edri El's Downside Deviation of 6.91, coefficient of variation of 3145.49, and Mean Deviation of 4.73 to check if our risk estimates are consistent with your expectations.
Edri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edri |
Sharpe Ratio = 0.0573
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Estimated Market Risk
| 11.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Edri El is performing at about 4% 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 Edri El by adding it to a well-diversified portfolio.
Edri El Valuation on November 16, 2023
It is possible to determine the worth of Edri El on a given historical date. On November 16, 2023 Edri was worth 34.0 at the beginning of the trading date compared to the closed value of 33.2. 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 | |
| 32.00 | 32.00 | 29.90 | 31.40 | 143,060 | |
11/16/2023 | 34.00 | 34.00 | 33.20 | 33.20 | 36,401 |
| 31.00 | 31.50 | 31.00 | 31.50 | 58,070 |
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Edri El Trading Date Momentum on November 16, 2023
| On November 20 2023 Edri El was traded for 31.50 at the closing time. The highest price during the trading period was 31.50 and the lowest recorded bid was listed for 31.00 . The volume for the day was 58.1 K. This history from November 20, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.12% . The overall trading delta to the current price is 18.67% . |
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.
Price Boundaries
Edri El Period Price Range
Low | January 31, 2025
| 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 January 31, 2025 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.
| Risk Adjusted Performance | 0.0357 | |||
| Jensen Alpha | 0.2455 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0319 | |||
| Treynor Ratio | 0.4291 |
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| Volume Indicators |
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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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