MESHEK ENGY (Israel) Today

MESHEK ENGY is trading at 347.50 as of the 19th of September 2021, a -1.25 percent decrease since the beginning of the trading day. The stock's open price was 351.899994. Equity ratings for MESHEK ENGY RENEWA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2019 and ending today, the 19th of September 2021. Click here to learn more.
Valuation
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MESHEK ENGY Stock Profile

Meshek Energy - Renewable Energies Ltd. focuses on the construction and operation of photovoltaic power generation facilities. The company was founded in 2016 and is based in Tel Aviv-Yafo, Israel. MESHEK ENGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 16 people. more on MESHEK ENGY
MESHEK ENGY RENEWA is not yet fully synchronised with the market data
The company reported the revenue of 10.04 M. Net Loss for the year was (10.94 M) with profit before overhead, payroll, taxes, and interest of 1.87 M.
MESHEK ENGY RENEWA has accumulated about 69.85 M in cash with (11.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52.
Roughly 52.0% of the company outstanding shares are owned by corporate insiders
Legal NameMESHEK ENGY RENEWA
Thematic Classification
Currently Active Investing Idea (view all)
  Utilities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MESHEK ENGY's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
MESHEK ENGY RENEWA (MSKE) is traded on Tel Aviv Stock Exchange in Israel and employs 16 people. The company currently falls under 'Large-Cap' category with current market capitalization of 54.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MESHEK ENGY's market, we take the total number of its shares issued and multiply it by MESHEK ENGY's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. MESHEK ENGY RENEWA operates under Utilities sector and is part of Utilities—Renewable industry. The entity has 159.43 M outstanding shares. MESHEK ENGY RENEWA has accumulated about 69.85 M in cash with (11.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52.
Check MESHEK ENGY Probability Of Bankruptcy

MESHEK Stock Price Odds Analysis

What are MESHEK ENGY's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of MESHEK ENGY jumping above the current price in 90 days from now is about 48.05%. The MESHEK ENGY RENEWA probability density function shows the probability of MESHEK ENGY stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MESHEK ENGY has a beta of 0.9827. This indicates MESHEK ENGY RENEWA market returns are sensitive to returns on the market. As the market goes up or down, MESHEK ENGY is expected to follow. Additionally, the company has an alpha of 0.222, implying that it can generate a 0.22 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 347.5HorizonTargetOdds Up 347.5 
51.76%90 days
 347.50 
48.05%
Based on a normal probability distribution, the odds of MESHEK ENGY to move above the current price in 90 days from now is about 48.05 (This MESHEK ENGY RENEWA probability density function shows the probability of MESHEK Stock to fall within a particular range of prices over 90 days) .

MESHEK ENGY RENEWA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MESHEK ENGY market risk premium is the additional return an investor will receive from holding MESHEK ENGY long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MESHEK ENGY. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MESHEK ENGY's alpha and beta are two of the key measurements used to evaluate MESHEK ENGY's performance over the market, the standard measures of volatility play an important role as well.

MESHEK Stock Against Markets

Picking the right benchmark for MESHEK ENGY stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MESHEK ENGY stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MESHEK ENGY is critical whether you are bullish or bearish towards MESHEK ENGY RENEWA at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MESHEK ENGY stock to make a market-neutral strategy. Peer analysis of MESHEK ENGY could also be used in its relative valuation, which is a method of valuing MESHEK ENGY by comparing valuation metrics with similar companies.
Additionally, see Stocks Correlation. Note that the MESHEK ENGY RENEWA information on this page should be used as a complementary analysis to other MESHEK ENGY'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for MESHEK Stock

When running MESHEK ENGY RENEWA price analysis, check to measure MESHEK ENGY'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 MESHEK ENGY is operating at the current time. Most of MESHEK ENGY's value examination focuses on studying past and present price action to predict the probability of MESHEK ENGY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MESHEK ENGY's price. Additionally, you may evaluate how the addition of MESHEK ENGY to your portfolios can decrease your overall portfolio volatility.
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