Shapir Engineering (Israel) Price on August 21, 2024
If you're considering investing in Shapir Stock, it is important to understand the factors that can impact its price. Shapir Engineering appears to be very steady, given 3 months investment horizon. Shapir Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Shapir Engineering Industry, which you can use to evaluate the volatility of the company. Please review Shapir Engineering's Semi Deviation of 1.71, coefficient of variation of 574.48, and Risk Adjusted Performance of 0.1402 to confirm if our risk estimates are consistent with your expectations.
Shapir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shapir |
Sharpe Ratio = 0.1741
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shapir Engineering is performing at about 13% 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 Shapir Engineering by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Shapir Engineering Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Shapir Engineering Industry 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.
Shapir Engineering November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shapir Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shapir Engineering shares will generate the highest return on investment. By undertsting and applying Shapir Engineering stock market strength indicators, traders can identify Shapir Engineering Industry entry and exit signals to maximize returns
Shapir Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shapir Engineering's price direction in advance. Along with the technical and fundamental analysis of Shapir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shapir 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 | 0.1402 | |||
| Jensen Alpha | 0.4318 | |||
| Total Risk Alpha | 0.028 | |||
| Sortino Ratio | 0.1338 | |||
| Treynor Ratio | (1.10) |
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Complementary Tools for Shapir Stock analysis
When running Shapir Engineering's price analysis, check to measure Shapir Engineering'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 Shapir Engineering is operating at the current time. Most of Shapir Engineering's value examination focuses on studying past and present price action to predict the probability of Shapir Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapir Engineering's price. Additionally, you may evaluate how the addition of Shapir Engineering to your portfolios can decrease your overall portfolio volatility.
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