Maytronics (Israel) Price on October 21, 2024

MTRN Stock  ILS 1,010  74.00  6.83%   
If you're considering investing in Maytronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Maytronics stands at 1,010, as last reported on the 27th of November, with the highest price reaching 1,085 and the lowest price hitting 995.80 during the day. Maytronics has Sharpe Ratio of -0.0205, which conveys that the firm had a -0.0205% return per unit of risk over the last 3 months. Maytronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maytronics' Standard Deviation of 5.2, risk adjusted performance of (0.03), and Mean Deviation of 3.37 to check out the risk estimate we provide.
  
Maytronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0205

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMTRN

Estimated Market Risk

 4.72
  actual daily
42
58% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Maytronics 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 Maytronics by adding Maytronics to a well-diversified portfolio.

Maytronics Valuation on October 21, 2024

It is possible to determine the worth of Maytronics on a given historical date. On October 21, 2024 Maytronics was worth 875.0 at the beginning of the trading date compared to the closed value of 835.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maytronics stock. Still, in general, we apply an absolute valuation method to find Maytronics' 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 Maytronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maytronics' related companies.
 Open High Low Close Volume
  855.00    893.00    837.40    839.60    620,861  
10/21/2024
  875.00    875.00    834.00    835.00    287,994  
  847.30    847.30    803.00    821.70    577,846  
Backtest Maytronics  |  Maytronics History  |  Maytronics Valuation   PreviousNext  
Open Value
875.0
860.83
Downside
835.0
Closing Value
889.17
Upside

Maytronics Trading Date Momentum on October 21, 2024

On October 22 2024 Maytronics was traded for  821.70  at the closing time. The highest price during the trading period was 847.30  and the lowest recorded bid was listed for  803.00 . The volume for the day was 577.8 K. This history from October 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.59% . The trading delta at closing time to the current price is 8.98% .

Maytronics Fundamentals Correlations and Trends

By evaluating Maytronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Maytronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maytronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Maytronics Stock history

Maytronics 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 Maytronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maytronics 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 Maytronics stock prices may prove useful in developing a viable investing in Maytronics
Maytronics Ltd. offers automated electronic pool cleaning products worldwide. Maytronics Ltd. is a subsidiary of Kibbutz Yizreel Holdings 2004 ACS Ltd. MAYTRONICS LTD is traded on Tel Aviv Stock Exchange in Israel.

Maytronics Stock Technical Analysis

Maytronics 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.
A focus of Maytronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Maytronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Maytronics Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Maytronics 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.

Maytronics November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Maytronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maytronics shares will generate the highest return on investment. By undertsting and applying Maytronics stock market strength indicators, traders can identify Maytronics entry and exit signals to maximize returns

Maytronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Maytronics' price direction in advance. Along with the technical and fundamental analysis of Maytronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maytronics 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.

Complementary Tools for Maytronics Stock analysis

When running Maytronics' price analysis, check to measure Maytronics' 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 Maytronics is operating at the current time. Most of Maytronics' value examination focuses on studying past and present price action to predict the probability of Maytronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maytronics' price. Additionally, you may evaluate how the addition of Maytronics to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings