Summit (Israel) Price on August 12, 2024
| SMT Stock | ILS 5,940 10.00 0.17% |
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Summit stands at 5,940, as last reported on the 27th of November, with the highest price reaching 5,999 and the lowest price hitting 5,859 during the day. Summit appears to be very steady, given 3 months investment horizon. Summit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Summit, which you can use to evaluate the volatility of the company. Please review Summit's Risk Adjusted Performance of 0.1023, semi deviation of 2.08, and Coefficient Of Variation of 804.44 to confirm if our risk estimates are consistent with your expectations.
Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Summit |
Sharpe Ratio = 0.1283
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Summit is performing at about 10% 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 Summit by adding it to a well-diversified portfolio.
Summit Valuation on August 12, 2024
It is possible to determine the worth of Summit on a given historical date. On August 12, 2024 Summit was worth 4593.99 at the beginning of the trading date compared to the closed value of 4588.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summit stock. Still, in general, we apply an absolute valuation method to find Summit'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 Summit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summit's related companies.
| Open | High | Low | Close | Volume | |
| 4,663 | 4,868 | 4,662 | 4,763 | 28,284 | |
08/12/2024 | 4,594 | 4,683 | 4,580 | 4,588 | 16,243 |
| 4,588 | 4,759 | 4,582 | 4,695 | 27,040 |
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Summit Trading Date Momentum on August 12, 2024
| On August 14 2024 Summit was traded for 4,695 at the closing time. The maximum traded price for the trading interval was 4,759 and the lowest daily price was 4,582 . The daily volume was recorded at 27 K. The volume of trading on 14th of August 2024 played a part in the next trading day price jump. The trading price change to the next closing price was 2.34% . The trading price change to the closing price today is 3.42% . |
Summit Fundamentals Correlations and Trends
By evaluating Summit'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 Summit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Summit Stock history
Summit 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 Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit 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 Summit stock prices may prove useful in developing a viable investing in Summit
Summit Real Estate Holdings Ltd. is a real estate investment firm specializing in the purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants. Summit Real Estate Holdings Ltd. was founded in 1965 and is headquartered in Haifa, Israel. SUMMIT REST is traded on Tel Aviv Stock Exchange in Israel.
Summit Stock Technical Analysis
Summit 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
Summit Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Summit 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.
Summit November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Summit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit shares will generate the highest return on investment. By undertsting and applying Summit stock market strength indicators, traders can identify Summit entry and exit signals to maximize returns
Summit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit's price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit 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 | 0.1023 | |||
| Jensen Alpha | 0.353 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0906 | |||
| Treynor Ratio | (2.10) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Summit Stock analysis
When running Summit's price analysis, check to measure Summit'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 Summit is operating at the current time. Most of Summit's value examination focuses on studying past and present price action to predict the probability of Summit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit's price. Additionally, you may evaluate how the addition of Summit to your portfolios can decrease your overall portfolio volatility.
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