Tikun Olam (Israel) Price on September 11, 2024

TKUN Stock  ILA 28.60  10.40  26.67%   
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 28.60, as last reported on the 11th of December 2024, with the highest price reaching 30.10 and the lowest price hitting 28.10 during the day. Tikun Olam Cannbit owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0782, which indicates the firm had a -0.0782% return per unit of risk over the last 3 months. Tikun Olam Cannbit exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tikun Olam's Risk Adjusted Performance of (0.05), coefficient of variation of (1,228), and Variance of 15.24 to confirm the risk estimate we provide.
  
Tikun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0782

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Estimated Market Risk

 3.83
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tikun Olam 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 Tikun Olam by adding Tikun Olam to a well-diversified portfolio.

Tikun Olam Valuation on September 11, 2024

It is possible to determine the worth of Tikun Olam on a given historical date. On September 11, 2024 Tikun was worth 33.0 at the beginning of the trading date compared to the closed value of 33.7. 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
  31.00    33.80    31.00    33.00    26,850  
09/11/2024
  33.00    33.80    31.10    33.70    13,801  
  33.70    33.70    33.70    33.70    1.00  
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Open Value
33.0
33.7
Closing Value
44.49
Upside

Tikun Olam Trading Date Momentum on September 11, 2024

On September 12 2024 Tikun Olam Cannbit was traded for  33.70  at the closing time. The highest price during the trading period was 33.70  and the lowest recorded bid was listed for  33.70 . There was no trading activity during the period 1.0. Lack of trading volume on September 12, 2024 did not result in any price rise and fall. The trading price change to the current price is 5.64% .

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.
A focus of Tikun Olam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tikun Olam trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tikun Olam Period Price Range

Low
December 11, 2024
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High

 0.00 

     

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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 11, 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.

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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