Oil Refineries (Israel) Price on October 10, 2024
ORL Stock | ILS 92.20 0.70 0.75% |
If you're considering investing in Oil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oil Refineries stands at 92.20, as last reported on the 2nd of December, with the highest price reaching 93.60 and the lowest price hitting 92.20 during the day. Oil Refineries maintains Sharpe Ratio (i.e., Efficiency) of -0.0408, which implies the firm had a -0.0408% return per unit of risk over the last 3 months. Oil Refineries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oil Refineries' Variance of 7.25, coefficient of variation of (42,118), and Risk Adjusted Performance of 0.0053 to confirm the risk estimate we provide.
Oil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oil |
Sharpe Ratio = -0.0408
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Estimated Market Risk
2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oil Refineries 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 Oil Refineries by adding Oil Refineries to a well-diversified portfolio.
Oil Refineries Valuation on October 10, 2024
It is possible to determine the worth of Oil Refineries on a given historical date. On October 10, 2024 Oil was worth 95.0 at the beginning of the trading date compared to the closed value of 94.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oil Refineries stock. Still, in general, we apply an absolute valuation method to find Oil Refineries' 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 Oil Refineries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oil Refineries' related companies.
Open | High | Low | Close | Volume | |
95.80 | 96.00 | 95.00 | 95.00 | 1,780,240 | |
10/10/2024 | 95.00 | 95.80 | 94.10 | 94.10 | 3,944,381 |
94.00 | 95.10 | 93.40 | 93.90 | 6,279,232 |
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Oil Refineries Trading Date Momentum on October 10, 2024
On October 14 2024 Oil Refineries was traded for 93.90 at the closing time. The maximum traded price for the trading interval was 95.10 and the lowest daily price was 93.40 . The daily volume was recorded at 6.3 M. The volume of trading on 14th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.21% . The trading delta at closing time to the closing price today is 2.13% . |
Oil Refineries Fundamentals Correlations and Trends
By evaluating Oil Refineries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oil Refineries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oil Refineries Stock history
Oil Refineries 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 Oil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oil Refineries 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 Oil Refineries stock prices may prove useful in developing a viable investing in Oil Refineries
Oil Refineries Ltd. engages in the production and sale of crude oil products in Israel and internationally. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel. OIL REFINERIES is traded on Tel Aviv Stock Exchange in Israel.
Oil Refineries Stock Technical Analysis
Oil Refineries 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
Oil Refineries Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Oil Refineries 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.
Oil Refineries December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Oil Refineries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oil Refineries shares will generate the highest return on investment. By undertsting and applying Oil Refineries stock market strength indicators, traders can identify Oil Refineries entry and exit signals to maximize returns
Oil Refineries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oil Refineries' price direction in advance. Along with the technical and fundamental analysis of Oil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oil 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 | 0.0053 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (0.29) |
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Volume Indicators |
Complementary Tools for Oil Stock analysis
When running Oil Refineries' price analysis, check to measure Oil Refineries' 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 Oil Refineries is operating at the current time. Most of Oil Refineries' value examination focuses on studying past and present price action to predict the probability of Oil Refineries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Refineries' price. Additionally, you may evaluate how the addition of Oil Refineries to your portfolios can decrease your overall portfolio volatility.
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