Bazan Oil (Israel) Price History

ORL Stock  ILS 108.00  0.00  0.00%   
If you're considering investing in Bazan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bazan Oil stands at 108.00, as last reported on the 23rd of April, with the highest price reaching 108.80 and the lowest price hitting 106.40 during the day. Bazan Oil Refineries secures Sharpe Ratio (or Efficiency) of -0.0196, which signifies that the company had a -0.0196% return per unit of risk over the last 3 months. Bazan Oil Refineries exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bazan Oil's Mean Deviation of 1.76, standard deviation of 2.75, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Bazan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0196

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Estimated Market Risk

 3.09
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bazan Oil 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 Bazan Oil by adding Bazan Oil to a well-diversified portfolio.

Bazan Oil Stock Price History Chart

There are several ways to analyze Bazan Stock price data. The simplest method is using a basic Bazan candlestick price chart, which shows Bazan Oil price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 4, 2024145.13
Lowest PriceApril 17, 2024108.0

Bazan Oil April 23, 2024 Stock Price Synopsis

Various analyses of Bazan Oil's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bazan Stock. It can be used to describe the percentage change in the price of Bazan Oil from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bazan Stock.
Bazan Oil Price Rate Of Daily Change 1.00 
Bazan Oil Price Action Indicator 0.40 

Bazan Oil April 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Bazan Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Bazan Oil intraday prices and daily technical indicators to check the level of noise trading in Bazan Stock and then apply it to test your longer-term investment strategies against Bazan.

Bazan Stock Price History Data

The price series of Bazan Oil for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 37.13 with a coefficient of variation of 8.78. The daily prices for the period are spread out with arithmetic mean of 125.23. The median price for the last 90 days is 121.99. The company issued dividends to stockholders on 2022-11-21.
OpenHighLowCloseVolume
04/23/2024
 108.00  108.80  106.40  108.00 
04/18/2024 108.00  108.80  106.40  108.00  9,403,799 
04/17/2024 108.90  110.00  106.70  108.00  6,468,040 
04/16/2024 113.40  113.70  108.90  108.90  9,814,709 
04/15/2024 116.00  116.00  112.00  112.30  7,441,360 
04/11/2024 115.20  116.00  112.90  114.20  7,491,107 
04/10/2024 114.70  115.30  113.40  115.20  9,449,329 
04/09/2024 116.90  118.00  114.70  115.00  5,658,272 
04/08/2024 116.90  119.00  116.30  116.90  5,874,930 
04/04/2024 120.00  120.80  117.00  119.00  5,737,680 
04/03/2024 121.00  121.80  119.20  120.00  8,707,324 
04/02/2024 121.80  122.90  119.20  119.70  9,184,528 
04/01/2024 122.00  123.10  121.60  121.80  4,624,176 
03/28/2024 125.00  125.00  120.80  122.00  16,128,865 
03/27/2024 126.60  126.60  123.60  123.70  2,907,297 
03/26/2024 124.60  126.50  123.30  125.70  5,915,722 
03/25/2024 124.90  126.50  124.60  125.40  3,104,893 
03/21/2024 130.80  130.80  124.20  124.90  8,752,597 
03/20/2024 143.00  144.80  142.10  144.40  6,880,903 
03/19/2024 140.00  142.90  138.30  142.70  10,880,330 
03/18/2024 139.80  141.40  138.20  138.80  23,438,432 
03/14/2024 144.90  144.90  130.80  130.80  27,794,376 
03/13/2024 141.00  145.60  140.60  140.97  7,149,184 
03/12/2024 144.40  148.00  136.71  136.71  5,069,887 
03/11/2024 143.00  143.80  139.23  139.23  3,596,607 
03/07/2024 145.00  146.00  141.36  141.36  5,856,316 
03/06/2024 146.20  147.40  141.36  141.36  7,444,214 
03/05/2024 149.90  149.90  141.55  141.55  7,158,397 
03/04/2024 150.00  150.60  145.13  145.13  8,950,365 
02/29/2024 144.80  148.40  142.33  142.33  11,209,844 
02/28/2024 146.60  149.50  140.20  140.20  5,466,680 
02/26/2024 140.90  147.90  140.50  143.20  13,537,891 
02/22/2024 140.70  142.00  135.16  135.16  3,062,277 
02/21/2024 136.00  141.00  136.00  136.23  6,871,643 
02/20/2024 135.70  139.00  131.68  131.68  5,638,319 
02/19/2024 139.40  139.40  132.16  132.16  2,623,049 
02/15/2024 137.20  140.00  134.77  134.77  3,500,369 
02/14/2024 142.50  143.50  132.84  132.84  8,054,277 
02/13/2024 142.60  143.20  137.97  137.97  3,294,967 
02/12/2024 142.50  143.00  138.07  138.07  8,665,788 
02/08/2024 137.40  142.60  136.81  136.81  17,828,683 
02/07/2024 137.00  141.70  135.26  135.26  18,239,786 
02/06/2024 129.20  137.00  129.00  132.64  28,778,923 
02/05/2024 127.20  131.80  125.30  125.38  18,793,317 
02/01/2024 122.70  126.70  122.09  122.09  6,923,912 
01/31/2024 124.30  126.90  121.99  121.99  8,942,883 
01/30/2024 123.10  124.90  120.35  120.35  7,017,144 
01/29/2024 122.90  123.50  118.31  118.31  3,621,407 
01/25/2024 117.80  120.60  116.77  116.77  3,721,470 
01/24/2024 116.90  118.20  114.05  114.05  6,153,407 
01/23/2024 117.50  118.00  113.18  113.18  3,298,162 
01/22/2024 118.00  119.00  114.44  114.44  3,816,196 
01/18/2024 118.50  119.30  114.44  114.44  2,295,637 
01/17/2024 117.20  119.10  115.22  115.22  3,493,278 
01/16/2024 120.50  120.50  113.47  113.47  3,511,762 
01/15/2024 119.90  121.50  116.67  116.67  2,079,139 
01/11/2024 119.20  120.20  115.70  115.70  2,713,472 
01/10/2024 120.00  120.80  115.12  115.12  4,209,433 
01/09/2024 121.50  121.90  116.18  116.18  2,981,784 
01/08/2024 121.50  122.60  117.25  117.25  3,238,898 
01/04/2024 121.40  122.90  118.99  118.99  4,884,241 

About Bazan Oil Stock history

Bazan Oil 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 Bazan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bazan Oil Refineries 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 Bazan Oil stock prices may prove useful in developing a viable investing in Bazan Oil
Oil Refineries Ltd. engages in the production and sale of crude oil products in Israel and internationally. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel. OIL REFINERIES is traded on Tel Aviv Stock Exchange in Israel.

Bazan Oil Stock Technical Analysis

Bazan Oil 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.
A focus of Bazan Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bazan Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Bazan Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bazan Oil's price direction in advance. Along with the technical and fundamental analysis of Bazan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bazan 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Bazan Oil Refineries. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Bazan Oil's price analysis, check to measure Bazan Oil'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 Bazan Oil is operating at the current time. Most of Bazan Oil's value examination focuses on studying past and present price action to predict the probability of Bazan Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bazan Oil's price. Additionally, you may evaluate how the addition of Bazan Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bazan Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bazan Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bazan Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.