Meshek Energy (Israel) Price on April 15, 2024
MSKE Stock | ILA 223.00 9.20 4.30% |
If you're considering investing in Meshek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meshek Energy stands at 223.00, as last reported on the 30th of November, with the highest price reaching 224.00 and the lowest price hitting 213.80 during the day. Meshek Energy Renewable has Sharpe Ratio of -0.0636, which conveys that the firm had a -0.0636% return per unit of risk over the last 3 months. Meshek Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meshek Energy's Standard Deviation of 4.27, risk adjusted performance of (0.04), and Mean Deviation of 3.1 to check out the risk estimate we provide.
Meshek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meshek |
Sharpe Ratio = -0.0636
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Estimated Market Risk
4.8 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meshek Energy 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 Meshek Energy by adding Meshek Energy to a well-diversified portfolio.
Meshek Energy Valuation on April 15, 2024
It is possible to determine the worth of Meshek Energy on a given historical date. On April 15, 2024 Meshek was worth 261.0 at the beginning of the trading date compared to the closed value of 268.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meshek Energy stock. Still, in general, we apply an absolute valuation method to find Meshek Energy'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 Meshek Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meshek Energy's related companies.
Open | High | Low | Close | Volume | |
264.30 | 264.50 | 255.40 | 260.90 | 373,301 | |
04/15/2024 | 261.00 | 269.60 | 260.90 | 268.00 | 406,704 |
268.00 | 274.80 | 263.00 | 269.00 | 2,379,557 |
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Meshek Energy Trading Date Momentum on April 15, 2024
On April 16 2024 Meshek Energy Renewable Energies was traded for 269.00 at the closing time. The highest price during the trading period was 274.80 and the lowest recorded bid was listed for 263.00 . The volume for the day was 2.4 M. This history from April 16, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.37% . The trading delta at closing time to the current price is 6.72% . |
Meshek Energy Renewable Fundamentals Correlations and Trends
By evaluating Meshek Energy'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 Meshek Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meshek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meshek Energy Stock history
Meshek Energy 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 Meshek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meshek Energy 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 Meshek Energy stock prices may prove useful in developing a viable investing in Meshek Energy
Meshek Energy - Renewable Energies Ltd. focuses on the construction and operation of photovoltaic power generation facilities. The company was founded in 2016 and is based in Tel Aviv-Yafo, Israel. MESHEK ENGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 16 people.
Meshek Energy Stock Technical Analysis
Meshek Energy 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
Meshek Energy Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Meshek Energy 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.
Meshek Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Meshek Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meshek Energy shares will generate the highest return on investment. By undertsting and applying Meshek Energy stock market strength indicators, traders can identify Meshek Energy Renewable Energies entry and exit signals to maximize returns
Meshek Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meshek Energy's price direction in advance. Along with the technical and fundamental analysis of Meshek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meshek 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 | (0.23) | |||
Total Risk Alpha | (0.99) | |||
Treynor Ratio | 0.8055 |
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Complementary Tools for Meshek Stock analysis
When running Meshek Energy's price analysis, check to measure Meshek Energy'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 Meshek Energy is operating at the current time. Most of Meshek Energy's value examination focuses on studying past and present price action to predict the probability of Meshek Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meshek Energy's price. Additionally, you may evaluate how the addition of Meshek Energy to your portfolios can decrease your overall portfolio volatility.
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