Spuntech (Israel) Price on November 12, 2024
SPNTC Stock | ILS 401.30 92.60 18.75% |
If you're considering investing in Spuntech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spuntech stands at 401.30, as last reported on the 30th of November, with the highest price reaching 450.00 and the lowest price hitting 380.20 during the day. Spuntech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0194, which indicates the firm had a -0.0194% return per unit of risk over the last 3 months. Spuntech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spuntech's Risk Adjusted Performance of (0.03), variance of 15.73, and Coefficient Of Variation of (2,032) to confirm the risk estimate we provide.
Spuntech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spuntech |
Sharpe Ratio = -0.0194
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Estimated Market Risk
3.45 actual daily | 30 70% 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 Spuntech 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 Spuntech by adding Spuntech to a well-diversified portfolio.
Spuntech Valuation on November 12, 2024
It is possible to determine the worth of Spuntech on a given historical date. On November 12, 2024 Spuntech was worth 449.4 at the beginning of the trading date compared to the closed value of 462.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spuntech stock. Still, in general, we apply an absolute valuation method to find Spuntech'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 Spuntech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spuntech's related companies.
Open | High | Low | Close | Volume | |
460.00 | 460.00 | 449.20 | 449.20 | 2,693 | |
11/12/2024 | 449.40 | 466.30 | 449.40 | 462.00 | 5,279 |
463.70 | 463.70 | 446.20 | 446.20 | 2,821 |
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Spuntech Trading Date Momentum on November 12, 2024
On November 13 2024 Spuntech was traded for 446.20 at the closing time. The highest price during the trading period was 463.70 and the lowest recorded bid was listed for 446.20 . The volume for the day was 2.8 K. This history from November 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.42% . The trading price change to the current price is 8.10% . |
Spuntech Fundamentals Correlations and Trends
By evaluating Spuntech'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 Spuntech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spuntech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spuntech Stock history
Spuntech 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 Spuntech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spuntech 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 Spuntech stock prices may prove useful in developing a viable investing in Spuntech
Spuntech Industries Ltd. develops, manufactures, and supplies spunlace hydroentangled fabrics. Spuntech Industries Ltd. is a subsidiary of Nissan Medical Industries Ltd. SPUNTECH INDUSTRIE is traded on Tel Aviv Stock Exchange in Israel.
Spuntech Stock Technical Analysis
Spuntech 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
Spuntech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Spuntech 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.
Spuntech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Spuntech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spuntech shares will generate the highest return on investment. By undertsting and applying Spuntech stock market strength indicators, traders can identify Spuntech entry and exit signals to maximize returns
Spuntech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spuntech's price direction in advance. Along with the technical and fundamental analysis of Spuntech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spuntech 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 | (0.03) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.87) | |||
Treynor Ratio | 0.4473 |
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Volume Indicators |
Additional Tools for Spuntech Stock Analysis
When running Spuntech's price analysis, check to measure Spuntech'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 Spuntech is operating at the current time. Most of Spuntech's value examination focuses on studying past and present price action to predict the probability of Spuntech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spuntech's price. Additionally, you may evaluate how the addition of Spuntech to your portfolios can decrease your overall portfolio volatility.