Schnapp (Israel) Price on August 16, 2023

SHNP Stock  ILA 1,657  3.00  0.18%   
If you're considering investing in Schnapp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Schnapp stands at 1,657, as last reported on the 13th of December 2024, with the highest price reaching 1,664 and the lowest price hitting 1,650 during the day. Schnapp appears to be very steady, given 3 months investment horizon. Schnapp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. By inspecting Schnapp's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Schnapp's Coefficient Of Variation of 663.31, risk adjusted performance of 0.1167, and Semi Deviation of 1.36 to confirm if our risk estimates are consistent with your expectations.
  
Schnapp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2489

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 0.71
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Schnapp is performing at about 19% 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 Schnapp by adding it to a well-diversified portfolio.

Schnapp Valuation on August 16, 2023

It is possible to determine the worth of Schnapp on a given historical date. On August 16, 2023 Schnapp was worth 946.25 at the beginning of the trading date compared to the closed value of 939.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schnapp stock. Still, in general, we apply an absolute valuation method to find Schnapp'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 Schnapp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schnapp's related companies.
 Open High Low Close Volume
  932.66    933.57    932.66    933.57    500.00  
08/16/2023
  946.25    946.25    939.91    939.91    101.00  
  968.88    968.88    962.55    965.26    227.00  
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Open Value
946.25
937.75
Downside
939.91
Closing Value
954.75
Upside

Schnapp Trading Date Momentum on August 16, 2023

On August 17 2023 Schnapp was traded for  965.26  at the closing time. The highest price during the trading period was 968.88  and the lowest recorded bid was listed for  962.55 . The volume for the day was 227. This history from August 17, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 2.70% . The trading price change to the current price is 3.95% .

Schnapp Fundamentals Correlations and Trends

By evaluating Schnapp'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 Schnapp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Schnapp financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Schnapp Stock history

Schnapp 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 Schnapp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schnapp 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 Schnapp stock prices may prove useful in developing a viable investing in Schnapp
Works Ltd manufactures and sells batteries for vehicles in Israel and internationally. Works Ltd was incorporated in 1951 and is based in Netanya, Israel. E SCHNAPP operates under Auto Parts classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 363 people.

Schnapp Stock Technical Analysis

Schnapp 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.
A focus of Schnapp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Schnapp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Schnapp Period Price Range

Low
December 13, 2024
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High

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Schnapp 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.

Schnapp December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Schnapp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Schnapp shares will generate the highest return on investment. By undertsting and applying Schnapp stock market strength indicators, traders can identify Schnapp entry and exit signals to maximize returns

Schnapp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Schnapp's price direction in advance. Along with the technical and fundamental analysis of Schnapp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Schnapp 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.

Complementary Tools for Schnapp Stock analysis

When running Schnapp's price analysis, check to measure Schnapp'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 Schnapp is operating at the current time. Most of Schnapp's value examination focuses on studying past and present price action to predict the probability of Schnapp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnapp's price. Additionally, you may evaluate how the addition of Schnapp to your portfolios can decrease your overall portfolio volatility.
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