Golan Plastic (Israel) Price on October 30, 2024
| GLPL Stock | ILS 1,144 2.00 0.18% |
If you're considering investing in Golan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golan Plastic stands at 1,144, as last reported on the 27th of November, with the highest price reaching 1,186 and the lowest price hitting 1,128 during the day. Golan Plastic appears to be very steady, given 3 months investment horizon. Golan Plastic holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. By evaluating Golan Plastic's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Golan Plastic's Risk Adjusted Performance of 0.1222, downside deviation of 2.14, and Market Risk Adjusted Performance of (0.80) to validate if our risk estimates are consistent with your expectations.
Golan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golan |
Sharpe Ratio = 0.2163
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Golan Plastic is performing at about 17% 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 Golan Plastic by adding it to a well-diversified portfolio.
Golan Plastic Valuation on October 30, 2024
It is possible to determine the worth of Golan Plastic on a given historical date. On October 30, 2024 Golan was worth 989.0 at the beginning of the trading date compared to the closed value of 1000.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golan Plastic stock. Still, in general, we apply an absolute valuation method to find Golan Plastic'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 Golan Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golan Plastic's related companies.
| Open | High | Low | Close | Volume | |
| 978.30 | 985.50 | 963.00 | 985.50 | 921.00 | |
10/30/2024 | 989.00 | 1,000.00 | 989.00 | 1,000.00 | 23,912 |
| 990.00 | 990.60 | 990.00 | 990.00 | 2,707 |
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Golan Plastic Trading Date Momentum on October 30, 2024
| On October 31 2024 Golan Plastic was traded for 990.00 at the closing time. The highest price during the trading period was 990.60 and the lowest recorded bid was listed for 990.00 . The volume for the day was 2.7 K. This history from October 31, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.00% . The overall trading delta to the current price is 4.30% . |
Golan Plastic Fundamentals Correlations and Trends
By evaluating Golan Plastic'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 Golan Plastic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golan Plastic Stock history
Golan Plastic 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 Golan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golan Plastic 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 Golan Plastic stock prices may prove useful in developing a viable investing in Golan Plastic
Golan Plastic Products Ltd. engages in the production and sale of PE-Xa piping solutions under the Pexgol brand name worldwide. Golan Plastic Products Ltd. is a subsidiary of Kibbutz Shaar Hagolan. GOLAN PLASTIC is traded on Tel Aviv Stock Exchange in Israel.
Golan Plastic Stock Technical Analysis
Golan Plastic 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
Golan Plastic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Golan Plastic 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.
Golan Plastic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Golan Plastic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golan Plastic shares will generate the highest return on investment. By undertsting and applying Golan Plastic stock market strength indicators, traders can identify Golan Plastic entry and exit signals to maximize returns
Golan Plastic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golan Plastic's price direction in advance. Along with the technical and fundamental analysis of Golan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golan 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 | 0.1222 | |||
| Jensen Alpha | 0.378 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0973 | |||
| Treynor Ratio | (0.81) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Golan Stock analysis
When running Golan Plastic's price analysis, check to measure Golan Plastic'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 Golan Plastic is operating at the current time. Most of Golan Plastic's value examination focuses on studying past and present price action to predict the probability of Golan Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golan Plastic's price. Additionally, you may evaluate how the addition of Golan Plastic to your portfolios can decrease your overall portfolio volatility.
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