Homebiogas (Israel) Price on November 28, 2024
HMGS Stock | ILA 63.80 1.10 1.75% |
If you're considering investing in Homebiogas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Homebiogas stands at 63.80, as last reported on the 2nd of December, with the highest price reaching 66.50 and the lowest price hitting 57.20 during the day. Homebiogas holds Efficiency (Sharpe) Ratio of -0.42, which attests that the entity had a -0.42% return per unit of risk over the last 3 months. Homebiogas exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Homebiogas' Standard Deviation of 2.59, risk adjusted performance of (0.35), and Market Risk Adjusted Performance of (47.23) to validate the risk estimate we provide.
Homebiogas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Homebiogas |
Sharpe Ratio = -0.4158
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Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
-1.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.42 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Homebiogas 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 Homebiogas by adding Homebiogas to a well-diversified portfolio.
Homebiogas Valuation on November 28, 2024
It is possible to determine the worth of Homebiogas on a given historical date. On November 28, 2024 Homebiogas was worth 62.7 at the beginning of the trading date compared to the closed value of 63.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Homebiogas stock. Still, in general, we apply an absolute valuation method to find Homebiogas' 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 Homebiogas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Homebiogas' related companies.
Open | High | Low | Close | Volume | |
60.10 | 65.00 | 60.10 | 62.70 | 18,682 | |
11/28/2024 | 62.70 | 66.50 | 57.20 | 63.80 | 20,810 |
62.70 | 66.50 | 57.20 | 63.80 | 0.00 |
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Homebiogas Trading Date Momentum on November 28, 2024
On December 02 2024 Homebiogas was traded for 63.80 at the closing time. The highest price during the trading period was 66.50 and the lowest recorded bid was listed for 57.20 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 1.72% . |
Homebiogas Fundamentals Correlations and Trends
By evaluating Homebiogas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Homebiogas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Homebiogas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Homebiogas Stock history
Homebiogas 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 Homebiogas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Homebiogas 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 Homebiogas stock prices may prove useful in developing a viable investing in Homebiogas
HomeBiogas LTD develops, produces, and markets biogas systems for treatment of organic waste into clean energy for households, farmers, businesses, and communities worldwide. HomeBiogas LTD was incorporated in 2012 and is headquartered in Beit Yanai, Israel. HOMEBIOGAS operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 93 people.
Homebiogas Stock Technical Analysis
Homebiogas 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
Homebiogas Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Homebiogas 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.
Homebiogas December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Homebiogas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Homebiogas shares will generate the highest return on investment. By undertsting and applying Homebiogas stock market strength indicators, traders can identify Homebiogas entry and exit signals to maximize returns
Homebiogas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Homebiogas' price direction in advance. Along with the technical and fundamental analysis of Homebiogas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Homebiogas 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 | (0.35) | |||
Jensen Alpha | (1.21) | |||
Total Risk Alpha | (1.64) | |||
Treynor Ratio | (47.24) |
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Volume Indicators |
Complementary Tools for Homebiogas Stock analysis
When running Homebiogas' price analysis, check to measure Homebiogas' 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 Homebiogas is operating at the current time. Most of Homebiogas' value examination focuses on studying past and present price action to predict the probability of Homebiogas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homebiogas' price. Additionally, you may evaluate how the addition of Homebiogas to your portfolios can decrease your overall portfolio volatility.
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