Meitav Trade (Israel) Price on August 12, 2024
| MTRD Stock | 11.51 0.09 0.79% |
If you're considering investing in Meitav Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meitav Trade stands at 11.51, as last reported on the 27th of November, with the highest price reaching 11.58 and the lowest price hitting 11.43 during the day. Meitav Trade appears to be not too volatile, given 3 months investment horizon. Meitav Trade Inv has Sharpe Ratio of 0.55, which conveys that the firm had a 0.55% return per unit of risk over the last 3 months. By analyzing Meitav Trade's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Meitav Trade's Risk Adjusted Performance of 0.3818, coefficient of variation of 202.63, and Mean Deviation of 1.07 to check out if our risk estimates are consistent with your expectations.
Meitav Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meitav |
Sharpe Ratio = 0.5481
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.55 actual daily | 43 57% of assets perform better |
Based on monthly moving average Meitav Trade is performing at about 43% 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 Meitav Trade by adding it to a well-diversified portfolio.
Meitav Trade Valuation on August 12, 2024
It is possible to determine the worth of Meitav Trade on a given historical date. On August 12, 2024 Meitav was worth 7.8 at the beginning of the trading date compared to the closed value of 8.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meitav Trade stock. Still, in general, we apply an absolute valuation method to find Meitav Trade'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 Meitav Trade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meitav Trade's related companies.
| Open | High | Low | Close | Volume | |
| 7.76 | 7.77 | 7.75 | 7.76 | 13,028 | |
08/12/2024 | 7.80 | 8.15 | 7.80 | 8.01 | 17,932 |
| 8.00 | 8.13 | 7.91 | 7.98 | 30,640 |
| Backtest Meitav Trade | | | Meitav Trade History | Previous | Next |
Meitav Trade Trading Date Momentum on August 12, 2024
| On August 14 2024 Meitav Trade Inv was traded for 7.98 at the closing time. The highest price during the trading period was 8.13 and the lowest recorded bid was listed for 7.91 . The volume for the day was 30.6 K. This history from August 14, 2024 contributed to the next trading day price decline. 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 5.24% . |
Price Boundaries
Meitav Trade Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Meitav Trade Inv 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.
Meitav Trade November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Meitav Trade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meitav Trade shares will generate the highest return on investment. By undertsting and applying Meitav Trade stock market strength indicators, traders can identify Meitav Trade Inv entry and exit signals to maximize returns
Meitav Trade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meitav Trade's price direction in advance. Along with the technical and fundamental analysis of Meitav Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meitav 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 | 0.3818 | |||
| Jensen Alpha | 0.6443 | |||
| Total Risk Alpha | 0.4578 | |||
| Sortino Ratio | 0.5028 | |||
| Treynor Ratio | 2.48 |
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| Volume Indicators |
Complementary Tools for Meitav Stock analysis
When running Meitav Trade's price analysis, check to measure Meitav Trade'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 Meitav Trade is operating at the current time. Most of Meitav Trade's value examination focuses on studying past and present price action to predict the probability of Meitav Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meitav Trade's price. Additionally, you may evaluate how the addition of Meitav Trade to your portfolios can decrease your overall portfolio volatility.
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