Palram (Israel) Performance
| PLRM Stock | ILS 4,943 96.00 1.91% |
On a scale of 0 to 100, Palram holds a performance score of 19. The company holds a Beta of -0.5, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Palram are expected to decrease at a much lower rate. During the bear market, Palram is likely to outperform the market. Please check Palram's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Palram's historical price patterns will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Palram are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Palram sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 202.1 M | |
| Total Cashflows From Investing Activities | -55 M |
Palram |
Palram Relative Risk vs. Return Landscape
If you would invest 366,043 in Palram on January 26, 2024 and sell it today you would earn a total of 128,257 from holding Palram or generate 35.04% return on investment over 90 days. Palram is generating 0.6605% of daily returns and assumes 2.6608% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Palram, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Palram Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palram's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Palram, and traders can use it to determine the average amount a Palram's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2482
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Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Palram is performing at about 19% 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 Palram by adding it to a well-diversified portfolio.
Palram Fundamentals Growth
Palram Stock prices reflect investors' perceptions of the future prospects and financial health of Palram, and Palram fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Palram Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0747 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 694.79 M | |||
| Shares Outstanding | 25.73 M | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 0.33 X | |||
| Revenue | 1.82 B | |||
| EBITDA | 337.04 M | |||
| Cash And Equivalents | 152.47 M | |||
| Cash Per Share | 5.86 X | |||
| Total Debt | 30.36 M | |||
| Debt To Equity | 52.80 % | |||
| Book Value Per Share | 35.53 X | |||
| Cash Flow From Operations | 168.91 M | |||
| Earnings Per Share | 5.49 X | |||
| Total Asset | 1.63 B | |||
| Retained Earnings | 397 M | |||
| Current Asset | 790 M | |||
| Current Liabilities | 316 M | |||
About Palram Performance
To evaluate Palram Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Palram generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Palram Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Palram market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Palram's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Palram Industries Ltd provides thermoplastic panels, architectural roofing systems, and self-assemble finished products in Israel. Palram Industries Ltd is a subsidiary of Ramat Yohanan Industries Agriculture Development-Agricultural Coperative Society. PALRAM INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.Things to note about Palram performance evaluation
Checking the ongoing alerts about Palram for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Palram help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 65.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Palram's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Palram's stock is overvalued or undervalued compared to its peers.
- Examining Palram's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Palram's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Palram's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Palram's stock. These opinions can provide insight into Palram's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palram. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Palram Stock analysis
When running Palram's price analysis, check to measure Palram'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 Palram is operating at the current time. Most of Palram's value examination focuses on studying past and present price action to predict the probability of Palram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palram's price. Additionally, you may evaluate how the addition of Palram to your portfolios can decrease your overall portfolio volatility.
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