AudioCodes (Israel) Price on August 8, 2024
AUDC Stock | ILA 3,344 26.00 0.77% |
If you're considering investing in AudioCodes Stock, it is important to understand the factors that can impact its price. As of today, the current price of AudioCodes stands at 3,344, as last reported on the 15th of December 2024, with the highest price reaching 3,430 and the lowest price hitting 3,330 during the day. AudioCodes secures Sharpe Ratio (or Efficiency) of -0.0527, which signifies that the company had a -0.0527% return per unit of standard deviation over the last 3 months. AudioCodes exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AudioCodes' risk adjusted performance of (0.06), and Mean Deviation of 1.81 to double-check the risk estimate we provide.
AudioCodes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AudioCodes |
Sharpe Ratio = -0.0527
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | AUDC |
Estimated Market Risk
2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AudioCodes 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 AudioCodes by adding AudioCodes to a well-diversified portfolio.
AudioCodes Valuation on August 8, 2024
It is possible to determine the worth of AudioCodes on a given historical date. On August 8, 2024 AudioCodes was worth 3997.66 at the beginning of the trading date compared to the closed value of 3983.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AudioCodes stock. Still, in general, we apply an absolute valuation method to find AudioCodes' 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 AudioCodes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AudioCodes' related companies.
Open | High | Low | Close | Volume | |
3,981 | 4,076 | 3,981 | 4,032 | 14,854 | |
08/08/2024 | 3,998 | 4,003 | 3,920 | 3,984 | 19,127 |
3,937 | 3,962 | 3,889 | 3,936 | 19,541 |
Backtest AudioCodes | | | AudioCodes History | | | AudioCodes Valuation | Previous | Next |
AudioCodes Trading Date Momentum on August 8, 2024
On August 12 2024 AudioCodes was traded for 3,936 at the closing time. The highest price during the trading period was 3,962 and the lowest recorded bid was listed for 3,889 . The volume for the day was 19.5 K. This history from August 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the current price is 1.35% . |
AudioCodes Fundamentals Correlations and Trends
By evaluating AudioCodes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AudioCodes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AudioCodes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AudioCodes Stock history
AudioCodes 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 AudioCodes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AudioCodes 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 AudioCodes stock prices may prove useful in developing a viable investing in AudioCodes
AudioCodes Ltd., together with its subsidiaries, provides advanced communications software, products, and productivity solutions for the digital workplace. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel. AUDIOCODES operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 773 people.
AudioCodes Stock Technical Analysis
AudioCodes 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
AudioCodes Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
AudioCodes 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.
AudioCodes December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how AudioCodes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AudioCodes shares will generate the highest return on investment. By undertsting and applying AudioCodes stock market strength indicators, traders can identify AudioCodes entry and exit signals to maximize returns
AudioCodes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AudioCodes' price direction in advance. Along with the technical and fundamental analysis of AudioCodes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AudioCodes 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 | (0.06) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (3.93) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for AudioCodes Stock analysis
When running AudioCodes' price analysis, check to measure AudioCodes' 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 AudioCodes is operating at the current time. Most of AudioCodes' value examination focuses on studying past and present price action to predict the probability of AudioCodes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioCodes' price. Additionally, you may evaluate how the addition of AudioCodes to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |