Elco (Israel) Price on January 24, 2023
| ELCO Stock | ILS 14,590 210.00 1.42% |
If you're considering investing in Elco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elco stands at 14,590, as last reported on the 29th of December, with the highest price reaching 14,790 and the lowest price hitting 14,100 during the day. Elco appears to be very steady, given 3 months investment horizon. Elco secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the company had a 0.31% return per unit of standard deviation over the last 3 months. By reviewing Elco's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Elco's Semi Deviation of 1.29, downside deviation of 1.67, and Mean Deviation of 1.46 to check if our risk estimates are consistent with your expectations.
Elco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elco |
Sharpe Ratio = 0.3125
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ELCO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Elco is performing at about 24% 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 Elco by adding it to a well-diversified portfolio.
Elco Valuation on January 24, 2023
It is possible to determine the worth of Elco on a given historical date. On January 24, 2023 Elco was worth 16819.96 at the beginning of the trading date compared to the closed value of 16386.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elco stock. Still, in general, we apply an absolute valuation method to find Elco'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 Elco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elco's related companies.
| Open | High | Low | Close | Volume | |
| 16,434 | 16,868 | 16,425 | 16,724 | 8,162 | |
01/24/2023 | 16,820 | 16,820 | 16,097 | 16,386 | 11,009 |
| 16,299 | 16,309 | 15,731 | 15,731 | 10,591 |
| Backtest Elco | | | Elco History | | | Elco Valuation | Previous | Next |
Elco Trading Date Momentum on January 24, 2023
| On January 25 2023 Elco was traded for 15,731 at the closing time. The highest price during the trading period was 16,309 and the lowest recorded bid was listed for 15,731 . The volume for the day was 10.6 K. This history from January 25, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.00% . The overall trading delta to the current price is 3.06% . |
Elco Fundamentals Correlations and Trends
By evaluating Elco'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 Elco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elco Stock history
Elco 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 Elco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elco 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 Elco stock prices may prove useful in developing a viable investing in Elco
Elco Ltd., together with its subsidiaries, operates in the construction, infrastructure, consumer electronics, telecommunications, entertainment, and real estate sectors in Israel and internationally. Elco Ltd. was founded in 1949 and is based in Tel Aviv, Israel. ELCO LTD operates under Conglomerates classification in Israel and is traded on Tel Aviv Stock Exchange.
Elco Stock Technical Analysis
Elco 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
Elco Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Elco 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.
Elco December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Elco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elco shares will generate the highest return on investment. By undertsting and applying Elco stock market strength indicators, traders can identify Elco entry and exit signals to maximize returns
Elco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elco's price direction in advance. Along with the technical and fundamental analysis of Elco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elco 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 | 0.1824 | |||
| Jensen Alpha | 0.4318 | |||
| Total Risk Alpha | 0.3725 | |||
| Sortino Ratio | 0.2423 | |||
| Treynor Ratio | (2.23) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Elco Stock analysis
When running Elco's price analysis, check to measure Elco'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 Elco is operating at the current time. Most of Elco's value examination focuses on studying past and present price action to predict the probability of Elco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elco's price. Additionally, you may evaluate how the addition of Elco to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |