Shaniv (Israel) Price on October 5, 2023
| SHAN Stock | ILS 451.10 8.10 1.76% |
If you're considering investing in Shaniv Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shaniv stands at 451.10, as last reported on the 11th of December 2024, with the highest price reaching 462.40 and the lowest price hitting 451.10 during the day. Shaniv appears to be very steady, given 3 months investment horizon. Shaniv owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34% return per unit of risk over the last 3 months. By inspecting Shaniv's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Shaniv's Risk Adjusted Performance of 0.2008, coefficient of variation of 370.17, and Semi Deviation of 0.6967 to confirm if our risk estimates are consistent with your expectations.
Shaniv Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shaniv |
Sharpe Ratio = 0.343
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 27 73% of assets perform better |
Based on monthly moving average Shaniv is performing at about 27% 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 Shaniv by adding it to a well-diversified portfolio.
Shaniv Valuation on October 5, 2023
It is possible to determine the worth of Shaniv on a given historical date. On October 5, 2023 Shaniv was worth 354.11 at the beginning of the trading date compared to the closed value of 353.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shaniv stock. Still, in general, we apply an absolute valuation method to find Shaniv'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 Shaniv where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shaniv's related companies.
| Open | High | Low | Close | Volume | |
| 378.91 | 378.91 | 359.40 | 360.46 | 5,667 | |
10/05/2023 | 354.11 | 354.11 | 344.50 | 353.92 | 5,063 |
| 344.21 | 344.21 | 336.43 | 343.35 | 25,259 |
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Shaniv Trading Date Momentum on October 5, 2023
| On October 09 2023 Shaniv was traded for 343.35 at the closing time. The highest price during the trading period was 344.21 and the lowest recorded bid was listed for 336.43 . The volume for the day was 25.3 K. This history from October 9, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.99% . The trading price change to the current price is 2.23% . |
Shaniv Fundamentals Correlations and Trends
By evaluating Shaniv'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 Shaniv's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shaniv financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shaniv Stock history
Shaniv 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 Shaniv is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shaniv 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 Shaniv stock prices may prove useful in developing a viable investing in Shaniv
Shaniv Paper Industry Ltd. manufactures and sells household paper products in Israel. Shaniv Paper Industry Ltd. was founded in 1988 and is based in Ofakim, Israel. SHANIV PAPER is traded on Tel Aviv Stock Exchange in Israel.
Shaniv Stock Technical Analysis
Shaniv 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
Shaniv Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shaniv 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.
Shaniv December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shaniv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shaniv shares will generate the highest return on investment. By undertsting and applying Shaniv stock market strength indicators, traders can identify Shaniv entry and exit signals to maximize returns
Shaniv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shaniv's price direction in advance. Along with the technical and fundamental analysis of Shaniv Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shaniv 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 | 0.2008 | |||
| Jensen Alpha | 0.4853 | |||
| Total Risk Alpha | 0.1781 | |||
| Sortino Ratio | 0.2994 | |||
| Treynor Ratio | (1.25) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shaniv Stock analysis
When running Shaniv's price analysis, check to measure Shaniv'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 Shaniv is operating at the current time. Most of Shaniv's value examination focuses on studying past and present price action to predict the probability of Shaniv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shaniv's price. Additionally, you may evaluate how the addition of Shaniv to your portfolios can decrease your overall portfolio volatility.
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