Afcon Holdings (Israel) Price on January 31, 2024
| AFHL Stock | ILS 14,900 400.00 2.76% |
If you're considering investing in Afcon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afcon Holdings stands at 14,900, as last reported on the 14th of December 2024, with the highest price reaching 15,040 and the lowest price hitting 14,390 during the day. Afcon Holdings is very steady given 3 months investment horizon. Afcon Holdings secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the company had a 0.4% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Afcon Holdings risk adjusted performance of 0.2225, and Mean Deviation of 1.71 to evaluate company specific risk that cannot be diversified away.
Afcon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afcon |
Sharpe Ratio = 0.4036
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Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 1.11 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.4 actual daily | 31 69% of assets perform better |
Based on monthly moving average Afcon Holdings is performing at about 31% 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 Afcon Holdings by adding it to a well-diversified portfolio.
Afcon Holdings Valuation on January 31, 2024
It is possible to determine the worth of Afcon Holdings on a given historical date. On January 31, 2024 Afcon was worth 9843.0 at the beginning of the trading date compared to the closed value of 9801.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afcon Holdings stock. Still, in general, we apply an absolute valuation method to find Afcon Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Afcon Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afcon Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 9,865 | 9,865 | 9,839 | 9,839 | 50.00 | |
01/31/2024 | 9,843 | 9,870 | 9,801 | 9,801 | 278.00 |
| 9,800 | 9,800 | 9,800 | 9,800 | 588.00 |
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Afcon Holdings Trading Date Momentum on January 31, 2024
| On February 01 2024 Afcon Holdings was traded for 9,800 at the closing time. The highest price during the trading period was 9,800 and the lowest recorded bid was listed for 9,800 . The volume for the day was 588. This history from February 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.01% . The overall trading delta to the current price is 0.27% . |
Afcon Holdings Fundamentals Correlations and Trends
By evaluating Afcon Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Afcon Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afcon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afcon Holdings Stock history
Afcon Holdings 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 Afcon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afcon Holdings 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 Afcon Holdings stock prices may prove useful in developing a viable investing in Afcon Holdings
Afcon Holdings Ltd. engages in the construction and infrastructure, control and automation, trade, and communication solutions businesses in Israel and internationally. Afcon Holdings Ltd. is a subsidiary of Shlomo Car Lease Ltd. AFCON HOLDINGS operates under Electronic Components classification in Israel and is traded on Tel Aviv Stock Exchange.
Afcon Holdings Stock Technical Analysis
Afcon Holdings 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.
Price Boundaries
Afcon Holdings Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Afcon Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Afcon Holdings December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Afcon Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afcon Holdings shares will generate the highest return on investment. By undertsting and applying Afcon Holdings stock market strength indicators, traders can identify Afcon Holdings entry and exit signals to maximize returns
Afcon Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afcon Holdings' price direction in advance. Along with the technical and fundamental analysis of Afcon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afcon 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.
| Risk Adjusted Performance | 0.2225 | |||
| Jensen Alpha | 0.7902 | |||
| Total Risk Alpha | 0.4418 | |||
| Sortino Ratio | 0.3556 | |||
| Treynor Ratio | (3.00) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Afcon Stock analysis
When running Afcon Holdings' price analysis, check to measure Afcon Holdings' 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 Afcon Holdings is operating at the current time. Most of Afcon Holdings' value examination focuses on studying past and present price action to predict the probability of Afcon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afcon Holdings' price. Additionally, you may evaluate how the addition of Afcon Holdings to your portfolios can decrease your overall portfolio volatility.
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