Migdal Mutual (Israel) Price on March 28, 2024
| MTF-F48 Etf | 8,400 253.00 2.92% |
If you're considering investing in Migdal Etf, it is important to understand the factors that can impact its price. As of today, the current price of Migdal Mutual stands at 8,400, as last reported on the 2nd of May, with the highest price reaching 8,447 and the lowest price hitting 8,389 during the day. Migdal Mutual Funds has Sharpe Ratio of -0.0758, which conveys that the entity had a -0.0758% return per unit of risk over the last 3 months. Migdal Mutual exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Migdal Mutual's Risk Adjusted Performance of 0.0196, downside deviation of 1.25, and Mean Deviation of 1.01 to check out the risk estimate we provide.
Migdal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Migdal |
Sharpe Ratio = -0.0758
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| Negative Returns | MTF-F48 |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Migdal Mutual is not performing at its full potential. However, 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 Mutual by adding Migdal Mutual to a well-diversified portfolio.
Migdal Mutual Valuation on March 28, 2024
It is possible to determine the worth of Migdal Mutual on a given historical date. On March 28, 2024 Migdal was worth 8995.0 at the beginning of the trading date compared to the closed value of 9011.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Migdal Mutual etf. Still, in general, we apply an absolute valuation method to find Migdal Mutual'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 Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Migdal Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 9,044 | 9,044 | 8,975 | 8,998 | 5,680 | |
03/28/2024 | 8,995 | 9,015 | 8,995 | 9,011 | 734.00 |
| 9,018 | 9,058 | 9,018 | 9,029 | 1,918 |
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Migdal Mutual Trading Date Momentum on March 28, 2024
| On April 01 2024 Migdal Mutual Funds was traded for 9,029 at the closing time. The highest price during the trading period was 9,058 and the lowest recorded bid was listed for 9,018 . The volume for the day was 1.9 K. This history from April 1, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.20% . The trading delta at closing time to the current price is 0.78% . |
Price Boundaries
Migdal Mutual Period Price Range
Low | March 28, 2024
| High |
8,995 | 9,011 |
Migdal Mutual May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Migdal Mutual etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Migdal Mutual shares will generate the highest return on investment. By undertsting and applying Migdal Mutual etf market strength indicators, traders can identify Migdal Mutual Funds entry and exit signals to maximize returns
Migdal Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Migdal Mutual's price direction in advance. Along with the technical and fundamental analysis of Migdal Etf 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 | 0.0196 | |||
| Jensen Alpha | 0.0229 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.28) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Migdal Mutual Funds information on this page should be used as a complementary analysis to other Migdal Mutual's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.