Electra (Israel) Price on January 16, 2024
| ELTR Stock | ILS 142,590 410.00 0.29% |
If you're considering investing in Electra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electra stands at 142,590, as last reported on the 1st of May, with the highest price reaching 143,000 and the lowest price hitting 141,020 during the day. We consider Electra very steady. Electra secures Sharpe Ratio (or Efficiency) of 0.054, which denotes the company had a 0.054% return per unit of risk over the last 3 months. We have found thirty technical indicators for Electra, which you can use to evaluate the volatility of the firm. Please confirm Electra's Mean Deviation of 1.85, downside deviation of 2.08, and Coefficient Of Variation of 1851.03 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Electra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Electra |
Sharpe Ratio = 0.054
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Electra is performing at about 4% 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 Electra by adding it to a well-diversified portfolio.
Electra Valuation on January 16, 2024
It is possible to determine the worth of Electra on a given historical date. On January 16, 2024 Electra was worth 141370.0 at the beginning of the trading date compared to the closed value of 144146.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electra stock. Still, in general, we apply an absolute valuation method to find Electra'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 Electra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electra's related companies.
| Open | High | Low | Close | Volume | |
| 145,030 | 145,030 | 141,640 | 141,733 | 1,410 | |
01/16/2024 | 141,370 | 145,800 | 141,000 | 144,146 | 3,031 |
| 145,200 | 146,470 | 139,976 | 139,976 | 1,729 |
| Backtest Electra | | | Electra History | | | Electra Valuation | Previous | Next |
Electra Trading Date Momentum on January 16, 2024
| On January 17 2024 Electra was traded for 139,976 at the closing time. The highest price during the trading period was 146,470 and the lowest recorded bid was listed for 139,976 . The volume for the day was 1.7 K. This history from January 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.89% . The overall trading delta to the current price is 2.18% . |
Electra Fundamentals Correlations and Trends
By evaluating Electra'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 Electra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electra Stock history
Electra 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 Electra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electra 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 Electra stock prices may prove useful in developing a viable investing in Electra
Electra Limited operates as an electromechanical, and construction and infrastructure company in Israel and internationally. Electra Limited was founded in 1945 and is based in Ramat Gan, Israel. ELECTRA LTD operates under Engineering Construction classification in Israel and is traded on Tel Aviv Stock Exchange.
Electra Stock Technical Analysis
Electra 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
Electra Period Price Range
Low | January 16, 2024
| High |
141,370 | 144,146 |
Electra May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Electra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electra shares will generate the highest return on investment. By undertsting and applying Electra stock market strength indicators, traders can identify Electra entry and exit signals to maximize returns
| Accumulation Distribution | 99.79 | |||
| Daily Balance Of Power | 0.5783 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 143400.0 | |||
| Day Typical Price | 143649.0 | |||
| Market Facilitation Index | 1.58 | |||
| Price Action Indicator | 2134.0 | |||
| Period Momentum Indicator | (1,556) | |||
| Relative Strength Index | 46.69 |
Electra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electra's price direction in advance. Along with the technical and fundamental analysis of Electra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electra 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 | 0.0418 | |||
| Jensen Alpha | 0.0765 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | 0.1552 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra. 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. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Electra Stock analysis
When running Electra's price analysis, check to measure Electra'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 Electra is operating at the current time. Most of Electra's value examination focuses on studying past and present price action to predict the probability of Electra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra's price. Additionally, you may evaluate how the addition of Electra to your portfolios can decrease your overall portfolio volatility.
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