Elron Electronic (Israel) Price History

ELRN Stock  ILS 520.00  7.90  1.50%   
If you're considering investing in Elron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elron Electronic stands at 520.00, as last reported on the 1st of May, with the highest price reaching 529.00 and the lowest price hitting 520.00 during the day. We consider Elron Electronic very steady. Elron Electronic Ind secures Sharpe Ratio (or Efficiency) of 0.0083, which denotes the company had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elron Electronic Industries, which you can use to evaluate the volatility of the firm. Please confirm Elron Electronic's Mean Deviation of 1.22, downside deviation of 1.59, and Coefficient Of Variation of 12048.86 to check if the risk estimate we provide is consistent with the expected return of 0.0146%.
  
Elron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0083

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elron Electronic 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 Elron Electronic by adding Elron Electronic to a well-diversified portfolio.

Elron Electronic Stock Price History Chart

There are several ways to analyze Elron Stock price data. The simplest method is using a basic Elron candlestick price chart, which shows Elron Electronic 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 PriceApril 8, 2024547.1
Lowest PriceJanuary 10, 2024508.72

Elron Electronic May 1, 2024 Stock Price Synopsis

Various analyses of Elron Electronic's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Elron Stock. It can be used to describe the percentage change in the price of Elron Electronic from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Elron Stock.
Elron Electronic Price Action Indicator(8.45)
Elron Electronic Accumulation Distribution 344.47 
Elron Electronic Price Rate Of Daily Change 0.99 
Elron Electronic Price Daily Balance Of Power(0.88)
Elron Electronic Market Facilitation Index 0.0004 

Elron Electronic May 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Elron 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 Elron Electronic intraday prices and daily technical indicators to check the level of noise trading in Elron Stock and then apply it to test your longer-term investment strategies against Elron.

Elron Stock Price History Data

OpenHighLowCloseVolume
05/01/2024 527.90  529.00  520.00  520.00  20,247 
04/30/2024 529.00  529.00  521.50  527.90  2,698 
04/25/2024 528.00  529.50  520.00  529.40  6,021 
04/24/2024 529.20  530.00  516.10  529.50  2,769 
04/18/2024 530.00  530.00  520.00  520.00  1,384 
04/17/2024 512.00  528.90  506.40  510.00  11,325 
04/16/2024 525.50  530.90  501.20  511.20  42,355 
04/15/2024 533.40  539.00  519.80  530.00  17,206 
04/11/2024 528.10  540.00  520.50  528.10  8,043 
04/10/2024 533.60  533.60  520.00  530.00  8,762 
04/09/2024 519.70  559.30  518.50  542.60  14,695 
04/08/2024 512.10  568.40  512.00  547.10  26,668 
04/04/2024 520.00  520.00  505.60  511.00  14,359 
04/03/2024 528.10  531.10  519.80  520.00  11,329 
04/02/2024 529.00  529.00  512.90  520.00  21,840 
04/01/2024 523.90  523.90  520.60  521.80  17,765 
03/28/2024 528.80  528.80  519.00  519.40  50,061 
03/27/2024 531.60  531.60  527.60  529.00  67,693 
03/26/2024 527.20  534.00  527.20  531.50  21,000 
03/25/2024 526.00  527.20  525.90  527.20  9,577 
03/21/2024 534.00  534.00  525.00  530.90  35,058 
03/20/2024 535.00  535.00  514.20  517.00  103,970 
03/19/2024 539.00  539.00  524.80  525.00  75,146 
03/18/2024 543.00  543.00  528.00  536.50  29,012 
03/14/2024 532.80  532.80  525.00  530.00  23,580 
03/13/2024 540.00  540.00  527.00  532.50  12,829 
03/12/2024 524.00  533.00  524.00  529.90  4,458 
03/11/2024 529.70  537.00  523.50  524.00  33,214 
03/07/2024 529.50  529.60  520.10  522.40  8,930 
03/06/2024 521.90  529.70  520.00  527.10  25,142 
03/05/2024 530.20  530.60  526.50  529.10  13,749 
03/04/2024 532.90  533.00  531.30  532.70  20,709 
02/29/2024 521.00  528.00  521.00  526.00  27,253 
02/28/2024 525.00  530.60  524.80  525.00  81,748 
02/26/2024 533.00  536.10  531.00  534.70  9,544 
02/22/2024 530.00  531.00  527.50  530.00  171,603 
02/21/2024 534.70  535.00  529.90  530.00  73,166 
02/20/2024 539.50  545.50  530.00  537.00  516,730 
02/19/2024 515.00  528.70  513.00  528.70  8,672 
02/15/2024 516.60  525.00  511.40  525.00  1,511 
02/14/2024 511.70  525.00  510.00  524.90  4,784 
02/13/2024 512.10  518.80  508.00  510.10  9,841 
02/12/2024 520.50  535.00  513.80  513.80  31,240 
02/08/2024 532.50  539.20  532.50  534.80  24,173 
02/07/2024 534.30  539.20  530.00  539.20  13,448 
02/06/2024 529.80  539.90  526.00  531.90  5,281 
02/05/2024 522.80  532.90  522.80  523.00  7,785 
02/01/2024 530.90  535.00  520.10  520.10  40,248 
01/31/2024 530.40  531.00  525.10  525.10  36,474 
01/30/2024 535.80  535.80  516.00  530.00  21,429 
01/29/2024 535.00  554.90  532.00  535.00  45,099 
01/25/2024 521.90  525.00  500.00  525.00  60,515 
01/24/2024 516.90  522.00  516.90  518.60  16,790 
01/23/2024 521.30  521.40  512.10  520.00  34,277 
01/22/2024 520.00  521.90  509.00  521.90  75,253 
01/18/2024 695.60  703.00  516.66  516.66  39,016 
01/17/2024 708.20  710.00  516.89  516.89  59,852 
01/16/2024 708.90  717.00  521.30  521.30  32,720 
01/15/2024 716.50  716.50  522.63  522.63  117,205 
01/11/2024 690.00  710.10  520.20  520.20  172,837 
01/10/2024 710.10  723.70  508.72  508.72  459,341 

About Elron Electronic Stock history

Elron Electronic 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 Elron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elron Electronic Ind 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 Elron Electronic stock prices may prove useful in developing a viable investing in Elron Electronic
Elron Electronic Industries Ltd., through its subsidiaries, provides technology products in the medical devices and cyber fields. Elron Electronic Industries Ltd. is a subsidiary of Discount Investment Corporation Limited. ELRON ELECTRONIC operates under Conglomerates classification in Israel and is traded on Tel Aviv Stock Exchange.

Elron Electronic Stock Technical Analysis

Elron Electronic 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 Elron Electronic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elron Electronic 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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Elron Electronic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elron Electronic's price direction in advance. Along with the technical and fundamental analysis of Elron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elron 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elron Electronic Industries. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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