Arad Financials
| ARD Stock | ILA 4,970 5.00 0.10% |
Arad |
Understanding current and past Arad Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Arad's financial statements are interrelated, with each one affecting the others. For example, an increase in Arad's assets may result in an increase in income on the income statement.
Please note, the presentation of Arad's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Arad's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Arad's management manipulating its earnings.
Arad Stock Summary
Arad competes with Isras Investment, Oron Group, Clal Biotechnology, YD More, and Discount Investment. Arad Ltd. designs, develops, manufactures, and sells water meters worldwide. The company was founded in 1941 and is headquartered in Dalia, Israel. ARAD is traded on Tel Aviv Stock Exchange in Israel.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0010916513 |
| Business Address | , Dalia, Israel, |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.arad.co.il/arad-group/arad-ltd/ |
| Phone | 972 4 989 7911 |
| Currency | ILA |
You should never invest in Arad without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Arad Stock, because this is throwing your money away. Analyzing the key information contained in Arad's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Arad Key Financial Ratios
Arad's financial ratios allow both analysts and investors to convert raw data from Arad's financial statements into concise, actionable information that can be used to evaluate the performance of Arad over time and compare it to other companies across industries.| Return On Equity | 0.12 | |||
| Return On Asset | 0.0629 | |||
| Beta | 0.37 | |||
| Z Score | 22.8 | |||
| Last Dividend Paid | 0.45 |
Arad Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Arad's current stock value. Our valuation model uses many indicators to compare Arad value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arad competition to find correlations between indicators driving Arad's intrinsic value. More Info.Arad is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Arad is roughly 1.96 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Arad by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Arad's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Arad Systematic Risk
Arad's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Arad volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Arad correlated with the market. If Beta is less than 0 Arad generally moves in the opposite direction as compared to the market. If Arad Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Arad is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Arad is generally in the same direction as the market. If Beta > 1 Arad moves generally in the same direction as, but more than the movement of the benchmark.
Arad December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Arad help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Arad. We use our internally-developed statistical techniques to arrive at the intrinsic value of Arad based on widely used predictive technical indicators. In general, we focus on analyzing Arad Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Arad's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.19 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.12 |
Complementary Tools for Arad Stock analysis
When running Arad's price analysis, check to measure Arad'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 Arad is operating at the current time. Most of Arad's value examination focuses on studying past and present price action to predict the probability of Arad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arad's price. Additionally, you may evaluate how the addition of Arad to your portfolios can decrease your overall portfolio volatility.
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