Migdal Insurance (Israel) Price on December 14, 2023
| MGDL Stock | ILS 471.00 4.80 1.03% |
If you're considering investing in Migdal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Migdal Insurance stands at 471.00, as last reported on the 27th of April, with the highest price reaching 477.80 and the lowest price hitting 461.90 during the day. Migdal Insurance appears to be very steady, given 3 months investment horizon. Migdal Insurance has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Migdal Insurance, which you can use to evaluate the volatility of the firm. Please exercise Migdal Insurance's Risk Adjusted Performance of 0.0612, downside deviation of 2.09, and Mean Deviation of 1.72 to check out if our risk estimates are consistent with your expectations.
Migdal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Migdal |
Sharpe Ratio = 0.1473
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Migdal Insurance 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 Migdal Insurance by adding it to a well-diversified portfolio.
Migdal Insurance Valuation on December 14, 2023
It is possible to determine the worth of Migdal Insurance on a given historical date. On December 14, 2023 Migdal was worth 437.0 at the beginning of the trading date compared to the closed value of 424.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Migdal Insurance stock. Still, in general, we apply an absolute valuation method to find Migdal Insurance'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 Migdal Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Migdal Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 435.00 | 435.00 | 418.10 | 425.34 | 707,037 | |
12/14/2023 | 437.00 | 441.00 | 424.30 | 424.74 | 1,074,860 |
| 424.00 | 431.20 | 416.20 | 417.50 | 1,400,074 |
| Backtest Migdal Insurance | | | Migdal Insurance History | | | Migdal Insurance Valuation | Previous | Next |
Migdal Insurance Trading Date Momentum on December 14, 2023
| On December 18 2023 Migdal Insurance was traded for 417.50 at the closing time. The highest price during the trading period was 431.20 and the lowest recorded bid was listed for 416.20 . The volume for the day was 1.4 M. This history from December 18, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.70% . The trading delta at closing time to the current price is 1.12% . |
Migdal Insurance Fundamentals Correlations and Trends
By evaluating Migdal Insurance'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 Migdal Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Migdal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Migdal Insurance Stock history
Migdal Insurance 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 Migdal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Migdal Insurance 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 Migdal Insurance stock prices may prove useful in developing a viable investing in Migdal Insurance
Migdal Insurance and Financial Holdings Ltd. provides insurance, pension and provident funds, capital market, and financial services to private and corporate clients, groups, and vehicle fleet companies in Israel. Migdal Insurance and Financial Holdings Ltd. is a subsidiary of Eliahu Insurance Company Ltd. MIGDAL INS is traded on Tel Aviv Stock Exchange in Israel.
Migdal Insurance Stock Technical Analysis
Migdal Insurance 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
Migdal Insurance Period Price Range
Low | December 14, 2023
| High |
437.00 | 424.74 |
Migdal Insurance April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Migdal Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Migdal Insurance shares will generate the highest return on investment. By undertsting and applying Migdal Insurance stock market strength indicators, traders can identify Migdal Insurance entry and exit signals to maximize returns
| Accumulation Distribution | 40703.32 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 432.65 | |||
| Day Typical Price | 430.01 | |||
| Price Action Indicator | (14.04) | |||
| Period Momentum Indicator | 46.26 |
Migdal Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Migdal Insurance's price direction in advance. Along with the technical and fundamental analysis of Migdal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Migdal 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 | 0.0612 | |||
| Jensen Alpha | 0.1741 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0499 | |||
| Treynor Ratio | 1.54 |
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| Statistic Functions | ||
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Migdal Insurance. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Migdal Stock analysis
When running Migdal Insurance's price analysis, check to measure Migdal Insurance'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 Migdal Insurance is operating at the current time. Most of Migdal Insurance's value examination focuses on studying past and present price action to predict the probability of Migdal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Migdal Insurance's price. Additionally, you may evaluate how the addition of Migdal Insurance to your portfolios can decrease your overall portfolio volatility.
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