Palram (Israel) Price on September 25, 2024
| PLRM Stock | ILS 7,434 112.00 1.53% |
If you're considering investing in Palram Stock, it is important to understand the factors that can impact its price. As of today, the current price of Palram stands at 7,434, as last reported on the 26th of November, with the highest price reaching 7,464 and the lowest price hitting 7,307 during the day. Palram appears to be very steady, given 3 months investment horizon. Palram maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Palram's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please evaluate Palram's Coefficient Of Variation of 424.02, semi deviation of 0.9976, and Risk Adjusted Performance of 0.1862 to confirm if our risk estimates are consistent with your expectations.
Palram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Palram |
Sharpe Ratio = 0.2666
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average Palram is performing at about 20% 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 Palram by adding it to a well-diversified portfolio.
Palram Valuation on September 25, 2024
It is possible to determine the worth of Palram on a given historical date. On September 25, 2024 Palram was worth 6369.0 at the beginning of the trading date compared to the closed value of 6570.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palram stock. Still, in general, we apply an absolute valuation method to find Palram'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 Palram where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palram's related companies.
| Open | High | Low | Close | Volume | |
| 6,403 | 6,574 | 6,403 | 6,435 | 24,173 | |
09/25/2024 | 6,369 | 6,586 | 6,343 | 6,570 | 14,065 |
| 6,570 | 6,684 | 6,552 | 6,633 | 22,376 |
| Backtest Palram | | | Palram History | | | Palram Valuation | Previous | Next |
Palram Trading Date Momentum on September 25, 2024
| On September 26 2024 Palram was traded for 6,633 at the closing time. The highest price during the trading period was 6,684 and the lowest recorded bid was listed for 6,552 . The volume for the day was 22.4 K. This history from September 26, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.96% . The trading delta at closing time to the current price is 1.07% . |
Palram Fundamentals Correlations and Trends
By evaluating Palram'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 Palram's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palram Stock history
Palram 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 Palram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palram 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 Palram stock prices may prove useful in developing a viable investing in Palram
Palram Industries Ltd provides thermoplastic panels, architectural roofing systems, and self-assemble finished products in Israel. Palram Industries Ltd is a subsidiary of Ramat Yohanan Industries Agriculture Development-Agricultural Coperative Society. PALRAM INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.
Palram Stock Technical Analysis
Palram 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
Palram Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Palram 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.
Palram November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Palram stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palram shares will generate the highest return on investment. By undertsting and applying Palram stock market strength indicators, traders can identify Palram entry and exit signals to maximize returns
Palram Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palram's price direction in advance. Along with the technical and fundamental analysis of Palram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palram 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 | 0.1862 | |||
| Jensen Alpha | 0.4125 | |||
| Total Risk Alpha | 0.1419 | |||
| Sortino Ratio | 0.2195 | |||
| Treynor Ratio | 2.37 |
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| Volume Indicators |
Complementary Tools for Palram Stock analysis
When running Palram's price analysis, check to measure Palram'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 Palram is operating at the current time. Most of Palram's value examination focuses on studying past and present price action to predict the probability of Palram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palram's price. Additionally, you may evaluate how the addition of Palram to your portfolios can decrease your overall portfolio volatility.
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