C Mer (Israel) Price on November 27, 2024
| CMER Stock | ILA 2,660 27.00 1.00% |
If you're considering investing in CMER Stock, it is important to understand the factors that can impact its price. As of today, the current price of C Mer stands at 2,660, as last reported on the 16th of December 2024, with the highest price reaching 2,700 and the lowest price hitting 2,541 during the day. C Mer is very steady given 3 months investment horizon. C Mer Industries secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk 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 1.09% are justified by taking the suggested risk. Use C Mer Mean Deviation of 2.8, coefficient of variation of 418.91, and Semi Deviation of 3.25 to evaluate company specific risk that cannot be diversified away.
CMER Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CMER |
Sharpe Ratio = 0.2551
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Estimated Market Risk
| 4.27 actual daily | 38 62% of assets are more volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average C Mer is performing at about 20% 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 C Mer by adding it to a well-diversified portfolio.
C Mer Valuation on November 27, 2024
It is possible to determine the worth of C Mer on a given historical date. On November 27, 2024 CMER was worth 2131.0 at the beginning of the trading date compared to the closed value of 1850.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of C Mer stock. Still, in general, we apply an absolute valuation method to find C Mer's 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 C Mer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against C Mer's related companies.
| Open | High | Low | Close | Volume | |
| 2,354 | 2,354 | 2,050 | 2,051 | 64,471 | |
11/27/2024 | 2,131 | 2,131 | 1,850 | 1,850 | 89,068 |
| 1,854 | 1,975 | 1,845 | 1,961 | 9,294 |
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C Mer Trading Date Momentum on November 27, 2024
| On November 28 2024 C Mer Industries was traded for 1,961 at the closing time. The highest price during the trading period was 1,975 and the lowest recorded bid was listed for 1,845 . The volume for the day was 9.3 K. This history from November 28, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 6.00% . The overall trading delta to the current price is 29.73% . |
C Mer Industries Fundamentals Correlations and Trends
By evaluating C Mer's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among C Mer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CMER financial account trend analysis is a perfect complement when working with valuation or volatility modules.About C Mer Stock history
C Mer 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 CMER is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in C Mer Industries 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 C Mer stock prices may prove useful in developing a viable investing in C Mer
Mer Industries Ltd. engages in the consults, engineers, develops, manufactures, integrates, and implements technology based solutions and end-to-end services in Israel, Latin America, the United States, Africa, the United Kingdom, and Asia. Mer Industries Ltd. was founded in 1948 and is headquartered in Holon, Israel. C MER operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 595 people.
C Mer Stock Technical Analysis
C Mer 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
C Mer Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
C Mer Industries 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.
C Mer December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how C Mer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading C Mer shares will generate the highest return on investment. By undertsting and applying C Mer stock market strength indicators, traders can identify C Mer Industries entry and exit signals to maximize returns
C Mer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for C Mer's price direction in advance. Along with the technical and fundamental analysis of CMER Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMER 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 | 0.1813 | |||
| Jensen Alpha | 0.9449 | |||
| Total Risk Alpha | 0.4457 | |||
| Sortino Ratio | 0.2097 | |||
| Treynor Ratio | (20.06) |
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Complementary Tools for CMER Stock analysis
When running C Mer's price analysis, check to measure C Mer'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 C Mer is operating at the current time. Most of C Mer's value examination focuses on studying past and present price action to predict the probability of C Mer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C Mer's price. Additionally, you may evaluate how the addition of C Mer to your portfolios can decrease your overall portfolio volatility.
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