Freightos Limited Ordinary Stock Price on December 1, 2024

CRGO Stock   2.07  0.02  0.98%   
If you're considering investing in Freightos Stock, it is important to understand the factors that can impact its price. As of today, the current price of Freightos Limited stands at 2.07, as last reported on the 2nd of December, with the highest price reaching 2.26 and the lowest price hitting 1.98 during the day. Freightos Limited appears to be dangerous, given 3 months investment horizon. Freightos Limited secures Sharpe Ratio (or Efficiency) of 0.0925, which denotes the company had a 0.0925% return per unit of risk over the last 3 months. By reviewing Freightos Limited's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Freightos Limited's Mean Deviation of 4.7, downside deviation of 5.11, and Coefficient Of Variation of 1301.88 to check if our risk estimates are consistent with your expectations.
  
As of the 2nd of December 2024, Total Stockholder Equity is likely to drop to about 40.5 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 30 M. As of the 2nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.18, while Price To Sales Ratio is likely to drop 7.00. Freightos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0925

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Estimated Market Risk

 7.35
  actual daily
65
65% of assets are less volatile

Expected Return

 0.68
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Freightos Limited is performing at about 7% 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 Freightos Limited by adding it to a well-diversified portfolio.
Price Book
1.6067
Enterprise Value Ebitda
(1.15)
Price Sales
4.7793
Shares Float
19.6 M
Wall Street Target Price
3.5

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Freightos Limited Valuation on December 1, 2024

It is possible to determine the worth of Freightos Limited on a given historical date. On December 1, 2024 Freightos was worth 1.98 at the beginning of the trading date compared to the closed value of 2.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freightos Limited stock. Still, in general, we apply an absolute valuation method to find Freightos Limited'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 Freightos Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freightos Limited's related companies.
 Open High Low Close Volume
  2.07    2.15    1.95    2.05    33,200  
11/29/2024
  1.98    2.26    1.98    2.07    96,084  
  1.98    2.26    1.98    2.07    0.00  
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Open Value
1.98
2.07
Closing Value
24.03
Upside

Freightos Limited Trading Date Momentum on December 1, 2024

On December 02 2024 Freightos Limited Ordinary was traded for  2.07  at the closing time. The top price for the day was 2.26  and the lowest listed price was  1.98 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.35% .

Freightos Limited Fundamentals Correlations and Trends

By evaluating Freightos Limited'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 Freightos Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freightos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Freightos Limited Stock history

Freightos Limited 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 Freightos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freightos Limited 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 Freightos Limited stock prices may prove useful in developing a viable investing in Freightos Limited
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.9 M30 M
Net Loss-30.4 M-31.9 M

Freightos Limited Stock Technical Analysis

Freightos Limited 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 Freightos Limited technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freightos Limited 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

Freightos Limited Period Price Range

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December 2, 2024
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Freightos Limited Ordinary cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Freightos Limited December 2, 2024 Market Strength

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

Freightos Limited Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Freightos Limited's price direction in advance. Along with the technical and fundamental analysis of Freightos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freightos 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.
When determining whether Freightos Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freightos Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freightos Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freightos Limited Ordinary Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightos Limited. If investors know Freightos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
0.445
Quarterly Revenue Growth
0.111
Return On Assets
(0.17)
Return On Equity
(0.29)
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.