Oil Refineries (Israel) Price on October 29, 2024
| ORL Stock | ILS 91.10 2.60 2.77% |
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 91.10, as last reported on the 13th of December 2024, with the highest price reaching 93.40 and the lowest price hitting 91.00 during the day. At this point, Oil Refineries is very steady. Oil Refineries maintains Sharpe Ratio (i.e., Efficiency) of 0.0727, which implies the firm had a 0.0727% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oil Refineries, which you can use to evaluate the volatility of the company. Please check Oil Refineries' Coefficient Of Variation of 2261.6, semi deviation of 1.95, and Risk Adjusted Performance of 0.0393 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Oil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oil |
Sharpe Ratio = 0.0727
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ORL | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Oil Refineries is performing at about 5% 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 Oil Refineries by adding it to a well-diversified portfolio.
Oil Refineries Valuation on October 29, 2024
It is possible to determine the worth of Oil Refineries on a given historical date. On October 29, 2024 Oil was worth 95.5 at the beginning of the trading date compared to the closed value of 92.5. 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 | |
| 96.00 | 96.00 | 95.00 | 95.00 | 4,265,467 | |
10/29/2024 | 95.50 | 96.10 | 92.20 | 92.50 | 10,499,819 |
| 92.50 | 96.20 | 92.50 | 95.80 | 23,021,233 |
| Backtest Oil Refineries | | | Oil Refineries History | | | Oil Refineries Valuation | Previous | Next |
Oil Refineries Trading Date Momentum on October 29, 2024
| On October 30 2024 Oil Refineries was traded for 95.80 at the closing time. The maximum traded price for the trading interval was 96.20 and the lowest daily price was 92.50 . The daily volume was recorded at 23 M. The volume of trading on 30th of October 2024 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 3.57% . The trading delta at closing time to the closing price today is 3.03% . |
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 13, 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 13, 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 | 0.0393 | |||
| Jensen Alpha | 0.0543 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.2161 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |