Energix Renewable (Israel) Price on May 22, 2024
| ENRG Stock | ILA 1,297 62.00 5.02% |
If you're considering investing in Energix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Energix Renewable stands at 1,297, as last reported on the 20th of January, with the highest price reaching 1,335 and the lowest price hitting 1,236 during the day. At this point, Energix Renewable is very steady. Energix Renewable secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Energix Renewable Energies, which you can use to evaluate the volatility of the firm. Please confirm Energix Renewable's Mean Deviation of 1.5, variance of 4.31, and Standard Deviation of 2.08 to check if the risk estimate we provide is consistent with the expected return of 0.0121%.
Energix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Energix |
Sharpe Ratio = 0.0054
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Energix Renewable 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 Energix Renewable by adding Energix Renewable to a well-diversified portfolio.
Energix Renewable Valuation on May 22, 2024
It is possible to determine the worth of Energix Renewable on a given historical date. On May 22, 2024 Energix was worth 1500.7 at the beginning of the trading date compared to the closed value of 1472.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energix Renewable stock. Still, in general, we apply an absolute valuation method to find Energix Renewable'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 Energix Renewable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energix Renewable's related companies.
| Open | High | Low | Close | Volume | |
| 1,506 | 1,518 | 1,466 | 1,486 | 896,208 | |
05/22/2024 | 1,501 | 1,511 | 1,447 | 1,472 | 858,116 |
| 1,472 | 1,488 | 1,437 | 1,439 | 1,188,463 |
| Backtest Energix Renewable | | | Energix Renewable History | | | Energix Renewable Valuation | Previous | Next |
Energix Renewable Trading Date Momentum on May 22, 2024
| On May 23 2024 Energix Renewable Energies was traded for 1,439 at the closing time. The highest price during the trading period was 1,488 and the lowest recorded bid was listed for 1,437 . The volume for the day was 1.2 M. This history from May 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.26% . The overall trading delta to the current price is 2.26% . |
Energix Renewable Fundamentals Correlations and Trends
By evaluating Energix Renewable'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 Energix Renewable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energix Renewable Stock history
Energix Renewable 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 Energix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energix Renewable 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 Energix Renewable stock prices may prove useful in developing a viable investing in Energix Renewable
Energix - Renewable Energies Ltd initiates, develops, and constructs renewable energy projects in Israel and Poland. Energix - Renewable Energies Ltd is a subsidiary of Alony Hetz Properties and Investments Ltd. ENERGIXS RENEWABLE operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 66 people.
Energix Renewable Stock Technical Analysis
Energix Renewable 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
Energix Renewable Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Energix Renewable Energies 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.
Energix Renewable January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Energix Renewable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energix Renewable shares will generate the highest return on investment. By undertsting and applying Energix Renewable stock market strength indicators, traders can identify Energix Renewable Energies entry and exit signals to maximize returns
Energix Renewable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energix Renewable's price direction in advance. Along with the technical and fundamental analysis of Energix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energix 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 | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (1.20) |
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Complementary Tools for Energix Stock analysis
When running Energix Renewable's price analysis, check to measure Energix Renewable'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 Energix Renewable is operating at the current time. Most of Energix Renewable's value examination focuses on studying past and present price action to predict the probability of Energix Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energix Renewable's price. Additionally, you may evaluate how the addition of Energix Renewable to your portfolios can decrease your overall portfolio volatility.
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