Sofwave Medical (Israel) Price on February 6, 2024
SOFW Stock | 1,685 18.00 1.08% |
If you're considering investing in Sofwave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sofwave Medical stands at 1,685, as last reported on the 11th of December 2024, with the highest price reaching 1,718 and the lowest price hitting 1,655 during the day. Sofwave Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0244, which indicates the firm had a -0.0244% return per unit of risk over the last 3 months. Sofwave Medical exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sofwave Medical's Coefficient Of Variation of 5092.45, semi deviation of 2.93, and Risk Adjusted Performance of 0.0214 to confirm the risk estimate we provide.
Sofwave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sofwave |
Sharpe Ratio = -0.0244
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SOFW |
Estimated Market Risk
3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sofwave Medical is not performing at its full potential. However, 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 Sofwave Medical by adding Sofwave Medical to a well-diversified portfolio.
Sofwave Medical Valuation on February 6, 2024
It is possible to determine the worth of Sofwave Medical on a given historical date. On February 6, 2024 Sofwave was worth 1731.0 at the beginning of the trading date compared to the closed value of 1713.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sofwave Medical stock. Still, in general, we apply an absolute valuation method to find Sofwave Medical'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 Sofwave Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sofwave Medical's related companies.
Open | High | Low | Close | Volume | |
1,718 | 1,734 | 1,712 | 1,731 | 5,304 | |
02/06/2024 | 1,731 | 1,734 | 1,710 | 1,713 | 13,950 |
1,734 | 1,737 | 1,734 | 1,735 | 2,960 |
Backtest Sofwave Medical | | | Sofwave Medical History | | | Sofwave Medical Valuation | Previous | Next |
Sofwave Medical Trading Date Momentum on February 6, 2024
On February 07 2024 Sofwave Medical was traded for 1,735 at the closing time. The highest price during the trading period was 1,737 and the lowest recorded bid was listed for 1,734 . The volume for the day was 3 K. This history from February 7, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.28% . The trading price change to the current price is 4.50% . |
Sofwave Medical Fundamentals Correlations and Trends
By evaluating Sofwave Medical'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 Sofwave Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sofwave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sofwave Medical Stock history
Sofwave Medical 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 Sofwave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sofwave Medical 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 Sofwave Medical stock prices may prove useful in developing a viable investing in Sofwave Medical
Sofwave Medical Stock Technical Analysis
Sofwave Medical 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
Sofwave Medical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sofwave Medical 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.
Sofwave Medical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sofwave Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sofwave Medical shares will generate the highest return on investment. By undertsting and applying Sofwave Medical stock market strength indicators, traders can identify Sofwave Medical entry and exit signals to maximize returns
Sofwave Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sofwave Medical's price direction in advance. Along with the technical and fundamental analysis of Sofwave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sofwave 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 | 0.0214 | |||
Jensen Alpha | 0.0251 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.2918 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Sofwave Stock analysis
When running Sofwave Medical's price analysis, check to measure Sofwave Medical'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 Sofwave Medical is operating at the current time. Most of Sofwave Medical's value examination focuses on studying past and present price action to predict the probability of Sofwave Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sofwave Medical's price. Additionally, you may evaluate how the addition of Sofwave Medical to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |