Brainsway (Israel) Price on February 26, 2024
| BRIN Stock | 1,080 58.00 5.68% |
If you're considering investing in Brainsway Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brainsway stands at 1,080, as last reported on the 6th of May, with the highest price reaching 1,080 and the lowest price hitting 1,034 during the day. We consider Brainsway very steady. Brainsway secures Sharpe Ratio (or Efficiency) of 0.0078, which signifies that the company had a 0.0078% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Brainsway, which you can use to evaluate the volatility of the firm. Please confirm Brainsway's mean deviation of 2.77, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0278%.
Brainsway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brainsway |
Sharpe Ratio = 0.0078
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| Negative Returns | BRIN |
Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Brainsway 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 Brainsway by adding Brainsway to a well-diversified portfolio.
Brainsway Valuation on February 26, 2024
It is possible to determine the worth of Brainsway on a given historical date. On February 26, 2024 Brainsway was worth 1135.0 at the beginning of the trading date compared to the closed value of 1063.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brainsway stock. Still, in general, we apply an absolute valuation method to find Brainsway'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 Brainsway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brainsway's related companies.
| Open | High | Low | Close | Volume | |
| 1,151 | 1,194 | 1,151 | 1,190 | 40,870 | |
02/26/2024 | 1,135 | 1,174 | 1,037 | 1,063 | 194,548 |
| 1,122 | 1,142 | 1,111 | 1,142 | 103,158 |
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Brainsway Trading Date Momentum on February 26, 2024
| On February 28 2024 Brainsway was traded for 1,142 at the closing time. The highest price during the trading period was 1,142 and the lowest recorded bid was listed for 1,111 . The volume for the day was 103.2 K. This history from February 28, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 7.43% . The overall trading delta to the current price is 6.87% . |
Brainsway Fundamentals Correlations and Trends
By evaluating Brainsway'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 Brainsway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brainsway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brainsway Stock history
Brainsway 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 Brainsway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brainsway 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 Brainsway stock prices may prove useful in developing a viable investing in Brainsway
Brainsway Ltd. engages in the development and provision of technology solutions for non-invasive treatment of brain disorders in Israel and internationally. Brainsway Ltd. was founded in 2003 and is based in Jerusalem, Israel. Brainsway Ltd operates under Diagnostics Research classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 96 people.
Brainsway Stock Technical Analysis
Brainsway 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
Brainsway Period Price Range
Low | February 26, 2024
| High |
1,135 | 1,063 |
Brainsway May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Brainsway stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brainsway shares will generate the highest return on investment. By undertsting and applying Brainsway stock market strength indicators, traders can identify Brainsway entry and exit signals to maximize returns
| Accumulation Distribution | 22702.79 | |||
| Daily Balance Of Power | (0.53) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 1105.5 | |||
| Day Typical Price | 1091.33 | |||
| Market Facilitation Index | 7.0E-4 | |||
| Price Action Indicator | (78.50) | |||
| Period Momentum Indicator | 17.0 |
Brainsway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brainsway's price direction in advance. Along with the technical and fundamental analysis of Brainsway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brainsway 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 | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (11.03) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Brainsway Stock refer to our How to Trade Brainsway Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Brainsway Stock analysis
When running Brainsway's price analysis, check to measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.
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