Satcom Systems (Israel) Price on February 19, 2024
STCM Stock | ILS 64.00 1.10 1.69% |
If you're considering investing in Satcom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Satcom Systems stands at 64.00, as last reported on the 4th of May, with the highest price reaching 66.80 and the lowest price hitting 64.00 during the day. Satcom Systems is not too volatile given 3 months investment horizon. Satcom Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Satcom Systems Semi Deviation of 2.93, coefficient of variation of 658.91, and Risk Adjusted Performance of 0.1063 to evaluate company specific risk that cannot be diversified away.
Satcom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Satcom |
Sharpe Ratio = 0.2065
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Estimated Market Risk
5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Satcom Systems is performing at about 16% 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 Satcom Systems by adding it to a well-diversified portfolio.
Satcom Systems Valuation on February 19, 2024
It is possible to determine the worth of Satcom Systems on a given historical date. On February 19, 2024 Satcom was worth 42.9 at the beginning of the trading date compared to the closed value of 41.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Satcom Systems stock. Still, in general, we apply an absolute valuation method to find Satcom Systems' 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 Satcom Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Satcom Systems' related companies.
Open | High | Low | Close | Volume | |
41.50 | 43.80 | 40.40 | 40.60 | 2,348,598 | |
02/19/2024 | 42.90 | 42.90 | 40.80 | 41.00 | 449,168 |
40.40 | 42.40 | 40.00 | 41.70 | 975,860 |
Backtest Satcom Systems | | | Satcom Systems History | | | Satcom Systems Valuation | Previous | Next |
Satcom Systems Trading Date Momentum on February 19, 2024
On February 20 2024 Satcom Systems was traded for 41.70 at the closing time. The highest price during the trading period was 42.40 and the lowest recorded bid was listed for 40.00 . The volume for the day was 975.9 K. This history from February 20, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.71% . The trading price change to the current price is 6.10% . |
Satcom Systems Fundamentals Correlations and Trends
By evaluating Satcom Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Satcom Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Satcom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Satcom Systems Stock history
Satcom Systems 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 Satcom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Satcom Systems 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 Satcom Systems stock prices may prove useful in developing a viable investing in Satcom Systems
Satcom Systems, Ltd. provides satellite and fiber-based connectivity solutions in Africa, Asia, and the Middle East. Satcom Systems, Ltd. is a subsidiary of Eurocom Communications Ltd. SATCOM SYSTEMS operates under Telecom Services classification in Israel and is traded on Tel Aviv Stock Exchange.
Satcom Systems Stock Technical Analysis
Satcom Systems 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
Satcom Systems Period Price Range
Low | February 19, 2024
| High |
42.90 | 41.00 |
Satcom Systems May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Satcom Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Satcom Systems shares will generate the highest return on investment. By undertsting and applying Satcom Systems stock market strength indicators, traders can identify Satcom Systems entry and exit signals to maximize returns
Accumulation Distribution | 21987.24 | |||
Daily Balance Of Power | (0.90) | |||
Rate Of Daily Change | 0.96 | |||
Day Median Price | 41.85 | |||
Day Typical Price | 41.57 | |||
Price Action Indicator | (1.80) | |||
Period Momentum Indicator | 23.0 |
Satcom Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Satcom Systems' price direction in advance. Along with the technical and fundamental analysis of Satcom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Satcom 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 | 0.1063 | |||
Jensen Alpha | 0.7423 | |||
Total Risk Alpha | 0.3705 | |||
Sortino Ratio | 0.1941 | |||
Treynor Ratio | (0.71) |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Satcom Systems. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Satcom Stock analysis
When running Satcom Systems' price analysis, check to measure Satcom Systems' 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 Satcom Systems is operating at the current time. Most of Satcom Systems' value examination focuses on studying past and present price action to predict the probability of Satcom Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Satcom Systems' price. Additionally, you may evaluate how the addition of Satcom Systems to your portfolios can decrease your overall portfolio volatility.
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