Elbit Medical (Israel) Price on August 15, 2024
| EMTC-M Stock | 22.00 1.30 5.58% |
If you're considering investing in Elbit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elbit Medical stands at 22.00, as last reported on the 25th of November, with the highest price reaching 22.00 and the lowest price hitting 20.00 during the day. Elbit Medical appears to be somewhat reliable, given 3 months investment horizon. Elbit Medical Techno secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of standard deviation over the last 3 months. By reviewing Elbit Medical's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize Elbit Medical's Downside Deviation of 8.04, mean deviation of 3.6, and Semi Deviation of 4.35 to check if our risk estimates are consistent with your expectations.
Elbit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elbit |
Sharpe Ratio = 0.2113
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Elbit Medical is performing at about 16% 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 Elbit Medical by adding it to a well-diversified portfolio.
Elbit Medical Valuation on August 15, 2024
It is possible to determine the worth of Elbit Medical on a given historical date. On August 15, 2024 Elbit was worth 15.5 at the beginning of the trading date compared to the closed value of 15.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elbit Medical stock. Still, in general, we apply an absolute valuation method to find Elbit Medical'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 Elbit Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elbit Medical's related companies.
| Open | High | Low | Close | Volume | |
| 16.20 | 16.20 | 14.20 | 15.00 | 8,015 | |
08/15/2024 | 15.50 | 16.90 | 15.50 | 15.50 | 3,085 |
| 17.90 | 17.90 | 17.80 | 17.80 | 1,000.00 |
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Elbit Medical Trading Date Momentum on August 15, 2024
| On August 19 2024 Elbit Medical Technologies was traded for 17.80 at the closing time. The highest price during the trading period was 17.90 and the lowest recorded bid was listed for 17.80 . The volume for the day was 1000. This history from August 19, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 14.84% . The overall trading delta to the current price is 3.87% . |
Elbit Medical Techno Fundamentals Correlations and Trends
By evaluating Elbit Medical'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 Elbit Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elbit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elbit Medical Stock history
Elbit Medical 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 Elbit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elbit Medical Techno 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 Elbit Medical stock prices may prove useful in developing a viable investing in Elbit Medical
Elbit Medical Stock Technical Analysis
Elbit Medical 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
Elbit Medical Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Elbit Medical Technologies 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.
Elbit Medical November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Elbit Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elbit Medical shares will generate the highest return on investment. By undertsting and applying Elbit Medical stock market strength indicators, traders can identify Elbit Medical Technologies entry and exit signals to maximize returns
Elbit Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elbit Medical's price direction in advance. Along with the technical and fundamental analysis of Elbit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elbit 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 | 0.0945 | |||
| Jensen Alpha | 0.4945 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | 0.6035 |
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Complementary Tools for Elbit Stock analysis
When running Elbit Medical's price analysis, check to measure Elbit Medical'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 Elbit Medical is operating at the current time. Most of Elbit Medical's value examination focuses on studying past and present price action to predict the probability of Elbit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Medical's price. Additionally, you may evaluate how the addition of Elbit Medical to your portfolios can decrease your overall portfolio volatility.
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