Prime Energy (Israel) Price on February 15, 2024
| PRIM Stock | ILA 677.90 1.90 0.28% |
If you're considering investing in Prime Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Energy stands at 677.90, as last reported on the 28th of November, with the highest price reaching 689.90 and the lowest price hitting 670.00 during the day. Prime Energy appears to be very steady, given 3 months investment horizon. Prime Energy PE maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Prime Energy's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please evaluate Prime Energy's Semi Deviation of 3.75, risk adjusted performance of 0.1142, and Coefficient Of Variation of 725.05 to confirm if our risk estimates are consistent with your expectations.
Prime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = 0.1415
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Estimated Market Risk
| 6.02 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Prime Energy is performing at about 11% 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 Prime Energy by adding it to a well-diversified portfolio.
Prime Energy Valuation on February 15, 2024
It is possible to determine the worth of Prime Energy on a given historical date. On February 15, 2024 Prime was worth 275.9 at the beginning of the trading date compared to the closed value of 263.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Energy stock. Still, in general, we apply an absolute valuation method to find Prime Energy'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 Prime Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Energy's related companies.
| Open | High | Low | Close | Volume | |
| 267.90 | 267.90 | 258.00 | 264.40 | 8,987 | |
02/15/2024 | 275.90 | 275.90 | 260.00 | 263.50 | 16,495 |
| 265.30 | 265.30 | 265.20 | 265.30 | 3,909 |
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Prime Energy Trading Date Momentum on February 15, 2024
| On February 19 2024 Prime Energy PE was traded for 265.30 at the closing time. The highest price during the trading period was 265.30 and the lowest recorded bid was listed for 265.20 . The volume for the day was 3.9 K. This history from February 19, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.68% . The trading delta at closing time to the current price is 7.40% . |
Prime Energy PE Fundamentals Correlations and Trends
By evaluating Prime Energy'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 Prime Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prime Energy Stock history
Prime Energy 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 Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Energy PE 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 Prime Energy stock prices may prove useful in developing a viable investing in Prime Energy
Ltd engages in the renewable energy business in Israel and internationally. The company was founded in 2013 and is based in Tel Aviv, Israel. PRIME ENERGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 8 people.
Prime Energy Stock Technical Analysis
Prime Energy 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
Prime Energy Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Prime Energy PE 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.
Prime Energy November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Energy shares will generate the highest return on investment. By undertsting and applying Prime Energy stock market strength indicators, traders can identify Prime Energy PE entry and exit signals to maximize returns
Prime Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Energy's price direction in advance. Along with the technical and fundamental analysis of Prime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime 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 | 0.1142 | |||
| Jensen Alpha | 0.7885 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1579 | |||
| Treynor Ratio | 1.94 |
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Complementary Tools for Prime Stock analysis
When running Prime Energy's price analysis, check to measure Prime Energy'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 Prime Energy is operating at the current time. Most of Prime Energy's value examination focuses on studying past and present price action to predict the probability of Prime Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Energy's price. Additionally, you may evaluate how the addition of Prime Energy to your portfolios can decrease your overall portfolio volatility.
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