Inrom Construction (Israel) Price on March 7, 2024
| INRM Stock | ILS 1,218 11.00 0.90% |
If you're considering investing in Inrom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Inrom Construction stands at 1,218, as last reported on the 4th of May, with the highest price reaching 1,233 and the lowest price hitting 1,209 during the day. Inrom Construction appears to be very steady, given 3 months investment horizon. Inrom Construction 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 Inrom Construction, which you can use to evaluate the volatility of the firm. Please utilize Inrom Construction's Downside Deviation of 1.49, market risk adjusted performance of 1.37, and Risk Adjusted Performance of 0.0762 to validate if our risk estimates are consistent with your expectations.
Inrom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Inrom |
Sharpe Ratio = 0.1528
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | INRM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Inrom Construction is performing at about 11% 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 Inrom Construction by adding it to a well-diversified portfolio.
Inrom Construction Valuation on March 7, 2024
It is possible to determine the worth of Inrom Construction on a given historical date. On March 7, 2024 Inrom was worth 1160.0 at the beginning of the trading date compared to the closed value of 1137.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inrom Construction stock. Still, in general, we apply an absolute valuation method to find Inrom Construction'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 Inrom Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inrom Construction's related companies.
| Open | High | Low | Close | Volume | |
| 1,169 | 1,172 | 1,155 | 1,155 | 58,487 | |
03/07/2024 | 1,160 | 1,172 | 1,138 | 1,138 | 56,380 |
| 1,135 | 1,145 | 1,131 | 1,132 | 46,816 |
| Backtest Inrom Construction | | | Inrom Construction History | | | Inrom Construction Valuation | Previous | Next |
Inrom Construction Trading Date Momentum on March 7, 2024
| On March 11 2024 Inrom Construction Industries was traded for 1,132 at the closing time. The highest price during the trading period was 1,145 and the lowest recorded bid was listed for 1,131 . The volume for the day was 46.8 K. This history from March 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.53% . The trading delta at closing time to the current price is 0.94% . |
Inrom Construction Fundamentals Correlations and Trends
By evaluating Inrom Construction'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 Inrom Construction's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inrom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inrom Construction Stock history
Inrom Construction 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 Inrom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inrom Construction 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 Inrom Construction stock prices may prove useful in developing a viable investing in Inrom Construction
Inrom Construction Industries Ltd produces, markets, and sells various products and solutions for the construction and renovation industries in Israel. Inrom Construction Industries Ltd was founded in 2013 and is based in Airport City, Israel. INROM CONSTRUCTION operates under Building Materials classification in Israel and is traded on Tel Aviv Stock Exchange.
Inrom Construction Stock Technical Analysis
Inrom Construction 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
Inrom Construction Period Price Range
Low | March 7, 2024
| High |
1,160 | 1,138 |
Inrom Construction May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Inrom Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inrom Construction shares will generate the highest return on investment. By undertsting and applying Inrom Construction stock market strength indicators, traders can identify Inrom Construction Industries entry and exit signals to maximize returns
| Accumulation Distribution | 1650.03 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1154.85 | |||
| Day Typical Price | 1149.13 | |||
| Market Facilitation Index | 6.0E-4 | |||
| Price Action Indicator | (28.30) | |||
| Period Momentum Indicator | 80.3 | |||
| Relative Strength Index | 55.97 |
Inrom Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inrom Construction's price direction in advance. Along with the technical and fundamental analysis of Inrom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inrom 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 | 0.0762 | |||
| Jensen Alpha | 0.1666 | |||
| Total Risk Alpha | 0.0548 | |||
| Sortino Ratio | 0.0855 | |||
| Treynor Ratio | 1.36 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inrom Construction Industries. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Inrom Stock analysis
When running Inrom Construction's price analysis, check to measure Inrom Construction'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 Inrom Construction is operating at the current time. Most of Inrom Construction's value examination focuses on studying past and present price action to predict the probability of Inrom Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inrom Construction's price. Additionally, you may evaluate how the addition of Inrom Construction to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |