Hamama (Israel) Price on November 13, 2024
HMAM Stock | ILA 382.30 1.70 0.44% |
If you're considering investing in Hamama Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hamama stands at 382.30, as last reported on the 11th of December 2024, with the highest price reaching 382.30 and the lowest price hitting 382.30 during the day. Hamama holds Efficiency (Sharpe) Ratio of -0.0443, which attests that the entity had a -0.0443% return per unit of risk over the last 3 months. Hamama exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hamama's Market Risk Adjusted Performance of 0.4112, risk adjusted performance of (0.04), and Standard Deviation of 2.07 to validate the risk estimate we provide.
Hamama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hamama |
Sharpe Ratio = -0.0443
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Estimated Market Risk
2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hamama 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 Hamama by adding Hamama to a well-diversified portfolio.
Hamama Valuation on November 13, 2024
It is possible to determine the worth of Hamama on a given historical date. On November 13, 2024 Hamama was worth 411.0 at the beginning of the trading date compared to the closed value of 406.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hamama stock. Still, in general, we apply an absolute valuation method to find Hamama'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 Hamama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hamama's related companies.
Open | High | Low | Close | Volume | |
406.30 | 406.30 | 406.30 | 406.30 | 1.00 | |
11/13/2024 | 411.00 | 412.20 | 403.00 | 406.30 | 11,791 |
403.20 | 403.20 | 386.00 | 394.00 | 31,052 |
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Hamama Trading Date Momentum on November 13, 2024
On November 14 2024 Hamama was traded for 394.00 at the closing time. The highest price during the trading period was 403.20 and the lowest recorded bid was listed for 386.00 . The volume for the day was 31.1 K. This history from November 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.03% . The trading delta at closing time to the current price is 6.47% . |
Hamama Fundamentals Correlations and Trends
By evaluating Hamama'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 Hamama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hamama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hamama Stock history
Hamama 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 Hamama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hamama 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 Hamama stock prices may prove useful in developing a viable investing in Hamama
Hamama Meir Trading Ltd. imports and distributes raw materials for the food industry in Israel. Hamama Meir Trading Ltd. was founded in 1996 and is headquartered in Bnei Brak, Israel. HAMAMA MEIR operates under Farm Products classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 41 people.
Hamama Stock Technical Analysis
Hamama 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
Hamama Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hamama 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.
Hamama December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hamama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hamama shares will generate the highest return on investment. By undertsting and applying Hamama stock market strength indicators, traders can identify Hamama entry and exit signals to maximize returns
Hamama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hamama's price direction in advance. Along with the technical and fundamental analysis of Hamama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hamama 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 | (0.04) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | 0.4012 |
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Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Hamama Stock analysis
When running Hamama's price analysis, check to measure Hamama'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 Hamama is operating at the current time. Most of Hamama's value examination focuses on studying past and present price action to predict the probability of Hamama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamama's price. Additionally, you may evaluate how the addition of Hamama to your portfolios can decrease your overall portfolio volatility.
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