Brimag L (Israel) Price on December 17, 2024

If you're considering investing in Brimag Stock, it is important to understand the factors that can impact its price. Brimag L appears to be very steady, given 3 months investment horizon. Brimag L secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. By analyzing Brimag L's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Brimag L's Mean Deviation of 1.89, downside deviation of 1.3, and Risk Adjusted Performance of 0.2064 to double-check if our risk estimates are consistent with your expectations.
  
Brimag Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2744

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Estimated Market Risk

 2.93
  actual daily
26
74% of assets are more volatile

Expected Return

 0.8
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Brimag L is performing at about 21% 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 Brimag L by adding it to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Brimag L Stock history

Brimag L 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 Brimag is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brimag L 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 Brimag L stock prices may prove useful in developing a viable investing in Brimag L
Brimag Digital Age Ltd. imports, markets, and distributes home appliances and commercial air conditioning systems in Israel. Brimag Digital Age Ltd. was incorporated in 1993 and is based in Azor, Israel. BRIMAG DIGITAL operates under Electronics Computer Distribution classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 344 people.

Brimag L Stock Technical Analysis

Brimag L 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.
A focus of Brimag L technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brimag L trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Brimag L Period Price Range

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December 17, 2024
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Brimag L 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.

Brimag L December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Brimag L stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brimag L shares will generate the highest return on investment. By undertsting and applying Brimag L stock market strength indicators, traders can identify Brimag L entry and exit signals to maximize returns

Brimag L Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Brimag L's price direction in advance. Along with the technical and fundamental analysis of Brimag Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brimag 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.

Complementary Tools for Brimag Stock analysis

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