Summit (Israel) Today
| SMT Stock | ILS 4,497 153.00 3.29% |
Performance0 of 100
| Odds Of DistressLess than 43
|
Summit is trading at 4497.00 as of the 16th of April 2024, a -3.29 percent decrease since the beginning of the trading day. The stock's open price was 4650.0. Summit has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Summit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
Summit Real Estate Holdings Ltd. is a real estate investment firm specializing in the purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants. Summit Real Estate Holdings Ltd. was founded in 1965 and is headquartered in Haifa, Israel. The company has 69.35 M outstanding shares. More on Summit
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Summit Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Summit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Summit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President | Amir Cohen |
| Business Concentration | Real Estate, Real Estate Management & Development, Real Estate - General, Real Estate (View all Sectors) |
Summit (SMT) is traded on Tel Aviv Stock Exchange in Israel and employs 124 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Summit's market, we take the total number of its shares issued and multiply it by Summit'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 those looking for more risk prefer small-cap and mid-cap equities. Summit operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 69.35 M outstanding shares.
Summit has accumulated about 371.62 M in cash with 289.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.98.
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Ownership AllocationSummit shows a total of 69.35 Million outstanding shares. Summit maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Summit Stock Price Odds Analysis
What are Summit's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Summit jumping above the current price in 90 days from now is about 91.86%. The Summit probability density function shows the probability of Summit stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Summit has a beta of 0.3502. This usually implies as returns on the market go up, Summit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Summit will be expected to be much smaller as well. Additionally, summit has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Summit to move above the current price in 90 days from now is about 91.86 (This Summit probability density function shows the probability of Summit Stock to fall within a particular range of prices over 90 days) .
Summit Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Summit market risk premium is the additional return an investor will receive from holding Summit 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 Summit. 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 Summit's alpha and beta are two of the key measurements used to evaluate Summit's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.19 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.65 | |||
| Risk Adjusted Performance | (0.03) |
Summit Stock Against Markets
Picking the right benchmark for Summit 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 Summit 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 Summit is critical whether you are bullish or bearish towards Summit at a given time. Please also check how Summit's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Summit without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Summit Stock?
Before investing in Summit, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Summit. To buy Summit stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Summit. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Summit stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Summit stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Summit stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Summit, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Summit?
The danger of trading Summit is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Summit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Summit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Summit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Summit Stock analysis
When running Summit's price analysis, check to measure Summit'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 Summit is operating at the current time. Most of Summit's value examination focuses on studying past and present price action to predict the probability of Summit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit's price. Additionally, you may evaluate how the addition of Summit to your portfolios can decrease your overall portfolio volatility.
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