Tikun Olam (Israel) Price on August 15, 2024
| TKUN Stock | ILA 41.60 2.60 6.67% |
If you're considering investing in Tikun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tikun Olam stands at 41.60, as last reported on the 12th of December 2024, with the highest price reaching 47.50 and the lowest price hitting 39.90 during the day. Tikun Olam appears to be not too volatile, given 3 months investment horizon. Tikun Olam Cannbit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Tikun Olam's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Tikun Olam's Semi Deviation of 3.61, risk adjusted performance of 0.0918, and Coefficient Of Variation of 866.8 to confirm if our risk estimates are consistent with your expectations.
Tikun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tikun |
Sharpe Ratio = 0.1454
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Estimated Market Risk
| 5.18 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Tikun Olam is performing at about 11% 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 Tikun Olam by adding it to a well-diversified portfolio.
Tikun Olam Valuation on August 15, 2024
It is possible to determine the worth of Tikun Olam on a given historical date. On August 15, 2024 Tikun was worth 31.2 at the beginning of the trading date compared to the closed value of 31.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tikun Olam stock. Still, in general, we apply an absolute valuation method to find Tikun Olam'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 Tikun Olam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tikun Olam's related companies.
| Open | High | Low | Close | Volume | |
| 32.50 | 33.90 | 32.50 | 32.90 | 12,482 | |
08/15/2024 | 31.20 | 31.20 | 31.00 | 31.00 | 142,405 |
| 34.30 | 34.30 | 34.30 | 34.30 | 2,915 |
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Tikun Olam Trading Date Momentum on August 15, 2024
| On August 19 2024 Tikun Olam Cannbit was traded for 34.30 at the closing time. The highest price during the trading period was 34.30 and the lowest recorded bid was listed for 34.30 . The volume for the day was 2.9 K. This history from August 19, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 10.65% . The trading price change to the current price is 0.65% . |
Tikun Olam Cannbit Fundamentals Correlations and Trends
By evaluating Tikun Olam'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 Tikun Olam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tikun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tikun Olam Stock history
Tikun Olam 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 Tikun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tikun Olam Cannbit 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 Tikun Olam stock prices may prove useful in developing a viable investing in Tikun Olam
Tikun Olam-Cannbit Pharmaceuticals Ltd engages in the research, development, cultivation, manufacture, and distribution of medical cannabis and related products. TIKUN OLAM is traded on Tel Aviv Stock Exchange in Israel.
Tikun Olam Stock Technical Analysis
Tikun Olam 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
Tikun Olam Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tikun Olam Cannbit 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.
Tikun Olam December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tikun Olam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tikun Olam shares will generate the highest return on investment. By undertsting and applying Tikun Olam stock market strength indicators, traders can identify Tikun Olam Cannbit entry and exit signals to maximize returns
Tikun Olam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tikun Olam's price direction in advance. Along with the technical and fundamental analysis of Tikun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tikun 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 | 0.0918 | |||
| Jensen Alpha | 0.6629 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | (0.54) |
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| Volume Indicators |
Complementary Tools for Tikun Stock analysis
When running Tikun Olam's price analysis, check to measure Tikun Olam'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 Tikun Olam is operating at the current time. Most of Tikun Olam's value examination focuses on studying past and present price action to predict the probability of Tikun Olam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tikun Olam's price. Additionally, you may evaluate how the addition of Tikun Olam to your portfolios can decrease your overall portfolio volatility.
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