MeguREIT Israel (Israel) Price on March 6, 2024
| MGRT Stock | 436.00 20.70 4.98% |
If you're considering investing in MeguREIT Stock, it is important to understand the factors that can impact its price. As of today, the current price of MeguREIT Israel stands at 436.00, as last reported on the 5th of May, with the highest price reaching 436.10 and the lowest price hitting 414.80 during the day. We consider MeguREIT Israel very steady. MeguREIT Israel has Sharpe Ratio of 0.038, which conveys that the firm had a 0.038% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for MeguREIT Israel, which you can use to evaluate the volatility of the firm. Please verify MeguREIT Israel's Mean Deviation of 2.16, risk adjusted performance of 0.0072, and Standard Deviation of 3.01 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
MeguREIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MeguREIT |
Sharpe Ratio = 0.038
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average MeguREIT Israel is performing at about 2% 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 MeguREIT Israel by adding it to a well-diversified portfolio.
MeguREIT Israel Valuation on March 6, 2024
It is possible to determine the worth of MeguREIT Israel on a given historical date. On March 6, 2024 MeguREIT was worth 466.9 at the beginning of the trading date compared to the closed value of 466.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MeguREIT Israel stock. Still, in general, we apply an absolute valuation method to find MeguREIT Israel'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 MeguREIT Israel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MeguREIT Israel's related companies.
| Open | High | Low | Close | Volume | |
| 467.70 | 469.00 | 465.00 | 466.90 | 24,356 | |
03/06/2024 | 466.90 | 466.90 | 466.90 | 466.90 | 25,651 |
| 468.90 | 470.70 | 450.50 | 456.00 | 39,385 |
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MeguREIT Israel Trading Date Momentum on March 6, 2024
| On March 07 2024 MeguREIT Israel was traded for 456.00 at the closing time. The highest price during the trading period was 470.70 and the lowest recorded bid was listed for 450.50 . The volume for the day was 39.4 K. This history from March 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.33% . The trading delta at closing time to the current price is 5.76% . |
MeguREIT Israel Fundamentals Correlations and Trends
By evaluating MeguREIT Israel'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 MeguREIT Israel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MeguREIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MeguREIT Israel Stock history
MeguREIT Israel 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 MeguREIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MeguREIT Israel 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 MeguREIT Israel stock prices may prove useful in developing a viable investing in MeguREIT Israel
MeguREIT Israel Stock Technical Analysis
MeguREIT Israel 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
MeguREIT Israel Period Price Range
Low | March 6, 2024
| High |
466.90 | 466.90 |
MeguREIT Israel May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how MeguREIT Israel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MeguREIT Israel shares will generate the highest return on investment. By undertsting and applying MeguREIT Israel stock market strength indicators, traders can identify MeguREIT Israel entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 466.9 | |||
| Day Typical Price | 466.9 | |||
| Period Momentum Indicator | (30.90) |
MeguREIT Israel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MeguREIT Israel's price direction in advance. Along with the technical and fundamental analysis of MeguREIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MeguREIT 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 | 0.0072 | |||
| Jensen Alpha | 0.0539 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.0137 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MeguREIT Israel. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for MeguREIT Stock analysis
When running MeguREIT Israel's price analysis, check to measure MeguREIT Israel'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 MeguREIT Israel is operating at the current time. Most of MeguREIT Israel's value examination focuses on studying past and present price action to predict the probability of MeguREIT Israel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeguREIT Israel's price. Additionally, you may evaluate how the addition of MeguREIT Israel to your portfolios can decrease your overall portfolio volatility.
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