Norstar (Israel) Price on August 14, 2024
| NSTR Stock | ILS 1,425 53.00 3.86% |
If you're considering investing in Norstar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Norstar stands at 1,425, as last reported on the 29th of November, with the highest price reaching 1,428 and the lowest price hitting 1,356 during the day. Norstar appears to be very steady, given 3 months investment horizon. Norstar has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Norstar's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Norstar's Downside Deviation of 2.42, mean deviation of 2.25, and Risk Adjusted Performance of 0.1888 to check out if our risk estimates are consistent with your expectations.
Norstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Norstar |
Sharpe Ratio = 0.2362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NSTR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Norstar is performing at about 18% 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 Norstar by adding it to a well-diversified portfolio.
Norstar Valuation on August 14, 2024
It is possible to determine the worth of Norstar on a given historical date. On August 14, 2024 Norstar was worth 874.5 at the beginning of the trading date compared to the closed value of 916.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Norstar stock. Still, in general, we apply an absolute valuation method to find Norstar'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 Norstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Norstar's related companies.
| Open | High | Low | Close | Volume | |
| 868.00 | 887.00 | 859.90 | 874.00 | 27,528 | |
08/14/2024 | 874.50 | 922.70 | 874.50 | 916.00 | 45,566 |
| 934.00 | 963.90 | 923.80 | 941.80 | 212,647 |
| Backtest Norstar | | | Norstar History | | | Norstar Valuation | Previous | Next |
Norstar Trading Date Momentum on August 14, 2024
| On August 15 2024 Norstar was traded for 941.80 at the closing time. The highest price during the trading period was 963.90 and the lowest recorded bid was listed for 923.80 . The volume for the day was 212.6 K. This history from August 15, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.82% . The trading delta at closing time to the current price is 8.90% . |
Norstar Fundamentals Correlations and Trends
By evaluating Norstar'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 Norstar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Norstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Norstar Stock history
Norstar 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 Norstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norstar 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 Norstar stock prices may prove useful in developing a viable investing in Norstar
Norstar Holdings Inc., through its holdings in Gazit-Globe Ltd., engages in the commercial centers business in the United States, Canada, Europe, and Israel. Norstar Holdings Inc. was founded in 1962 and is based in Ramat Gan, Israel. NORSTAR HLDGS is traded on Tel Aviv Stock Exchange in Israel.
Norstar Stock Technical Analysis
Norstar 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
Norstar Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Norstar 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.
Norstar November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Norstar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norstar shares will generate the highest return on investment. By undertsting and applying Norstar stock market strength indicators, traders can identify Norstar entry and exit signals to maximize returns
Norstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Norstar's price direction in advance. Along with the technical and fundamental analysis of Norstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Norstar 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 | 0.1888 | |||
| Jensen Alpha | 0.7517 | |||
| Total Risk Alpha | 0.2489 | |||
| Sortino Ratio | 0.2426 | |||
| Treynor Ratio | (1.63) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Norstar Stock analysis
When running Norstar's price analysis, check to measure Norstar'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 Norstar is operating at the current time. Most of Norstar's value examination focuses on studying past and present price action to predict the probability of Norstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norstar's price. Additionally, you may evaluate how the addition of Norstar to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |