Menif Financial (Israel) Price on September 10, 2024
| MNIF Stock | ILA 1,542 13.00 0.84% |
If you're considering investing in Menif Stock, it is important to understand the factors that can impact its price. As of today, the current price of Menif Financial stands at 1,542, as last reported on the 27th of November, with the highest price reaching 1,559 and the lowest price hitting 1,542 during the day. Menif Financial appears to be very steady, given 3 months investment horizon. Menif Financial Services has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. By analyzing Menif Financial's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Menif Financial's Risk Adjusted Performance of 0.1778, mean deviation of 1.6, and Downside Deviation of 2.12 to check out if our risk estimates are consistent with your expectations.
Menif Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Menif |
Sharpe Ratio = 0.2899
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Menif Financial is performing at about 22% 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 Menif Financial by adding it to a well-diversified portfolio.
Menif Financial Valuation on September 10, 2024
It is possible to determine the worth of Menif Financial on a given historical date. On September 10, 2024 Menif was worth 1321.0 at the beginning of the trading date compared to the closed value of 1325.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Menif Financial stock. Still, in general, we apply an absolute valuation method to find Menif Financial'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 Menif Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Menif Financial's related companies.
| Open | High | Low | Close | Volume | |
| 1,317 | 1,328 | 1,309 | 1,321 | 89,507 | |
09/10/2024 | 1,321 | 1,336 | 1,317 | 1,325 | 65,495 |
| 1,329 | 1,351 | 1,323 | 1,330 | 105,132 |
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Menif Financial Trading Date Momentum on September 10, 2024
| On September 11 2024 Menif Financial Services was traded for 1,330 at the closing time. The highest price during the trading period was 1,351 and the lowest recorded bid was listed for 1,323 . The volume for the day was 105.1 K. This history from September 11, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.38% . The trading delta at closing time to the current price is 0.38% . |
Menif Financial Services Fundamentals Correlations and Trends
By evaluating Menif Financial'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 Menif Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Menif financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Menif Financial Stock history
Menif Financial 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 Menif is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Menif Financial Services 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 Menif Financial stock prices may prove useful in developing a viable investing in Menif Financial
Menif Financial Services, Ltd. provides mezzanine financing for equity to promoters and contractors in the construction sector in Israel and internationally. The company was founded in 1999 and is based in Ramat Gan, Israel. MENIF FINANCIAL is traded on Tel Aviv Stock Exchange in Israel.
Menif Financial Stock Technical Analysis
Menif Financial 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
Menif Financial Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Menif Financial Services 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.
Menif Financial November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Menif Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Menif Financial shares will generate the highest return on investment. By undertsting and applying Menif Financial stock market strength indicators, traders can identify Menif Financial Services entry and exit signals to maximize returns
Menif Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Menif Financial's price direction in advance. Along with the technical and fundamental analysis of Menif Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Menif 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 | 0.1778 | |||
| Jensen Alpha | 0.5183 | |||
| Total Risk Alpha | 0.1337 | |||
| Sortino Ratio | 0.167 | |||
| Treynor Ratio | (1.28) |
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| Volume Indicators |
Complementary Tools for Menif Stock analysis
When running Menif Financial's price analysis, check to measure Menif Financial'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 Menif Financial is operating at the current time. Most of Menif Financial's value examination focuses on studying past and present price action to predict the probability of Menif Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Menif Financial's price. Additionally, you may evaluate how the addition of Menif Financial to your portfolios can decrease your overall portfolio volatility.
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