Ginegar (Israel) Price on January 15, 2024

GNGR Stock  ILS 1,049  49.00  4.90%   
If you're considering investing in Ginegar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ginegar stands at 1,049, as last reported on the 5th of May, with the highest price reaching 1,049 and the lowest price hitting 1,029 during the day. Ginegar appears to be very steady, given 3 months investment horizon. Ginegar holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ginegar, which you can use to evaluate the volatility of the firm. Please utilize Ginegar's Risk Adjusted Performance of 0.0789, downside deviation of 2.95, and Market Risk Adjusted Performance of 1.11 to validate if our risk estimates are consistent with your expectations.
  
Ginegar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1538

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Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Ginegar is performing at about 12% 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 Ginegar by adding it to a well-diversified portfolio.

Ginegar Valuation on January 15, 2024

It is possible to determine the worth of Ginegar on a given historical date. On January 15, 2024 Ginegar was worth 972.4 at the beginning of the trading date compared to the closed value of 856.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ginegar stock. Still, in general, we apply an absolute valuation method to find Ginegar'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 Ginegar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ginegar's related companies.
 Open High Low Close Volume
  998.00    1,010    894.62    894.62    3,300  
01/15/2024
  972.40    977.00    856.95    856.95    3,582  
  974.10    981.00    870.28    870.28    739.00  
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Open Value
972.4
962.98
Downside
856.95
Closing Value
981.82
Upside

Ginegar Trading Date Momentum on January 15, 2024

On January 16 2024 Ginegar was traded for  870.28  at the closing time. The highest price during the trading period was 981.00  and the lowest recorded bid was listed for  870.28 . The volume for the day was 739. This history from January 16, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.56% . The overall trading delta to the current price is 14.23% .

Ginegar Fundamentals Correlations and Trends

By evaluating Ginegar'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 Ginegar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ginegar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ginegar Stock history

Ginegar 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 Ginegar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ginegar 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 Ginegar stock prices may prove useful in developing a viable investing in Ginegar
Ginegar Plastic Products Ltd. produces and sells advanced films for various agricultural and non-agricultural applications worldwide. Ginegar Plastic Products Ltd. was founded in 1969 and is based in Jezreel Valley, Israel. GINEGAR PLASTIC operates under Rubber Plastics classification in Israel and is traded on Tel Aviv Stock Exchange.

Ginegar Stock Technical Analysis

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

Ginegar Period Price Range

Low
January 15, 2024
-115.45  -11.87%
High

 972.40 

     

 856.95 

Ginegar May 5, 2024 Market Strength

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

Ginegar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ginegar's price direction in advance. Along with the technical and fundamental analysis of Ginegar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ginegar 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ginegar. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Ginegar Stock analysis

When running Ginegar's price analysis, check to measure Ginegar'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 Ginegar is operating at the current time. Most of Ginegar's value examination focuses on studying past and present price action to predict the probability of Ginegar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ginegar's price. Additionally, you may evaluate how the addition of Ginegar to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ginegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ginegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ginegar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.