Elspec (Israel) Price on November 6, 2024
| ELSPC Stock | ILA 776.10 8.10 1.05% |
If you're considering investing in Elspec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elspec stands at 776.10, as last reported on the 30th of November, with the highest price reaching 795.00 and the lowest price hitting 766.20 during the day. Elspec appears to be very steady, given 3 months investment horizon. Elspec secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of risk over the last 3 months. By reviewing Elspec's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Elspec's Mean Deviation of 2.14, downside deviation of 2.16, and Coefficient Of Variation of 376.27 to check if our risk estimates are consistent with your expectations.
Elspec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elspec |
Sharpe Ratio = 0.2552
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Elspec is performing at about 20% 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 Elspec by adding it to a well-diversified portfolio.
Elspec Valuation on November 6, 2024
It is possible to determine the worth of Elspec on a given historical date. On November 6, 2024 Elspec was worth 695.5 at the beginning of the trading date compared to the closed value of 699.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elspec stock. Still, in general, we apply an absolute valuation method to find Elspec'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 Elspec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elspec's related companies.
| Open | High | Low | Close | Volume | |
| 674.90 | 686.50 | 674.00 | 685.20 | 30,391 | |
11/06/2024 | 695.50 | 702.10 | 695.50 | 699.00 | 15,426 |
| 716.30 | 723.90 | 692.70 | 719.10 | 24,844 |
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Elspec Trading Date Momentum on November 6, 2024
| On November 07 2024 Elspec was traded for 719.10 at the closing time. The highest price during the trading period was 723.90 and the lowest recorded bid was listed for 692.70 . The volume for the day was 24.8 K. This history from November 7, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 2.88% . The overall trading delta to the current price is 8.15% . |
Elspec Fundamentals Correlations and Trends
By evaluating Elspec'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 Elspec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elspec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elspec Stock history
Elspec 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 Elspec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elspec 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 Elspec stock prices may prove useful in developing a viable investing in Elspec
Elspec Engineering Ltd develops, manufactures, and markets power quality solutions and services to the industrial, commercial, and utility sectors worldwide. The company was incorporated in 1988 and is headquartered in Caesarea, Israel. ELSPEC ENGINEERING operates under Electrical Equipment Parts classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3119 people.
Elspec Stock Technical Analysis
Elspec 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
Elspec Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Elspec 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.
Elspec November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Elspec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elspec shares will generate the highest return on investment. By undertsting and applying Elspec stock market strength indicators, traders can identify Elspec entry and exit signals to maximize returns
Elspec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elspec's price direction in advance. Along with the technical and fundamental analysis of Elspec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elspec 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 | 0.2104 | |||
| Jensen Alpha | 0.7249 | |||
| Total Risk Alpha | 0.2602 | |||
| Sortino Ratio | 0.2731 | |||
| Treynor Ratio | (11.09) |
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Additional Tools for Elspec Stock Analysis
When running Elspec's price analysis, check to measure Elspec'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 Elspec is operating at the current time. Most of Elspec's value examination focuses on studying past and present price action to predict the probability of Elspec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elspec's price. Additionally, you may evaluate how the addition of Elspec to your portfolios can decrease your overall portfolio volatility.