Allot Communications (Israel) Price on May 9, 2024

ALLT Stock  ILS 776.20  6.00  0.78%   
If you're considering investing in Allot Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allot Communications stands at 776.20, as last reported on the 17th of June 2024, with the highest price reaching 784.10 and the lowest price hitting 770.20 during the day. Allot Communications secures Sharpe Ratio (or Efficiency) of -0.0664, which signifies that the company had a -0.0664% return per unit of risk over the last 3 months. Allot Communications exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allot Communications' Mean Deviation of 2.01, risk adjusted performance of 0.1296, and Downside Deviation of 1.98 to double-check the risk estimate we provide.
  
Allot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0664

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Estimated Market Risk

 2.19
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Allot Communications 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 Allot Communications by adding Allot Communications to a well-diversified portfolio.

Allot Communications Valuation on May 9, 2024

It is possible to determine the worth of Allot Communications on a given historical date. On May 9, 2024 Allot was worth 772.9 at the beginning of the trading date compared to the closed value of 797.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allot Communications stock. Still, in general, we apply an absolute valuation method to find Allot Communications' 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 Allot Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allot Communications' related companies.
 Open High Low Close Volume
  787.00    789.70    767.60    778.50    3,713  
05/09/2024
  772.90    797.90    772.90    797.90    5,092  
  777.00    788.00    773.10    788.00    878.00  
Backtest Allot Communications  |  Allot Communications History  |  Allot Communications Valuation   PreviousNext  
Open Value
772.9
766.32
Downside
797.9
Closing Value
779.48
Upside

Allot Communications Trading Date Momentum on May 9, 2024

On May 15 2024 Allot Communications was traded for  788.00  at the closing time. The highest price during the trading period was 788.00  and the lowest recorded bid was listed for  773.10 . The volume for the day was 878. This history from May 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.24% . The overall trading delta to the current price is 0.59% .

Allot Communications Fundamentals Correlations and Trends

By evaluating Allot Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allot Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allot financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Allot Communications Stock history

Allot Communications 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 Allot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allot Communications 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 Allot Communications stock prices may prove useful in developing a viable investing in Allot Communications
Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience worldwide. Allot Ltd. was founded in 1996 and is based in Hod-Hasharon, Israel. ALLOT LTD operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 422 people.

Allot Communications Stock Technical Analysis

Allot Communications 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 Allot Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allot Communications 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

Allot Communications Period Price Range

Low
May 9, 2024
25.00  3.23%
High

 772.90 

     

 797.90 

Allot Communications June 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Allot Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allot Communications shares will generate the highest return on investment. By undertsting and applying Allot Communications stock market strength indicators, traders can identify Allot Communications entry and exit signals to maximize returns

Allot Communications Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Allot Communications' price direction in advance. Along with the technical and fundamental analysis of Allot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allot 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 Allot Stock analysis

When running Allot Communications' price analysis, check to measure Allot Communications' 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 Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.
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