Electreon Wireless (Israel) Price on August 20, 2024

ELWS Stock   18,130  660.00  3.51%   
If you're considering investing in Electreon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electreon Wireless stands at 18,130, as last reported on the 13th of December 2024, with the highest price reaching 19,050 and the lowest price hitting 18,010 during the day. Electreon Wireless appears to be very steady, given 3 months investment horizon. Electreon Wireless secures Sharpe Ratio (or Efficiency) of 0.0503, which denotes the company had a 0.0503% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Electreon Wireless, which you can use to evaluate the volatility of the firm. Please utilize Electreon Wireless' Downside Deviation of 4.33, mean deviation of 3.08, and Coefficient Of Variation of 1187.21 to check if our risk estimates are consistent with your expectations.
  
Electreon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0503

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Estimated Market Risk

 4.57
  actual daily
40
60% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Electreon Wireless is performing at about 3% 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 Electreon Wireless by adding it to a well-diversified portfolio.

Electreon Wireless Valuation on August 20, 2024

It is possible to determine the worth of Electreon Wireless on a given historical date. On August 20, 2024 Electreon was worth 16420.0 at the beginning of the trading date compared to the closed value of 16380.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electreon Wireless stock. Still, in general, we apply an absolute valuation method to find Electreon Wireless' 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 Electreon Wireless where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electreon Wireless' related companies.
 Open High Low Close Volume
  16,430    16,750    15,950    16,420    30,758  
08/20/2024
  16,420    16,600    16,310    16,380    20,677  
  16,280    16,280    15,620    16,100    15,270  
Backtest Electreon Wireless  |  Electreon Wireless History  |  Electreon Wireless Valuation   PreviousNext  
Open Value
16420.0
16,406
Downside
16380.0
Closing Value
16,434
Upside

Electreon Wireless Trading Date Momentum on August 20, 2024

On August 21 2024 Electreon Wireless was traded for  16,100  at the closing time. The highest price during the trading period was 16,280  and the lowest recorded bid was listed for  15,620 . The volume for the day was 15.3 K. This history from August 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.71% . The overall trading delta to the current price is 12.27% .

Electreon Wireless Fundamentals Correlations and Trends

By evaluating Electreon Wireless' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electreon Wireless' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electreon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Electreon Wireless Stock history

Electreon Wireless 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 Electreon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electreon Wireless 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 Electreon Wireless stock prices may prove useful in developing a viable investing in Electreon Wireless

Electreon Wireless Stock Technical Analysis

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

Electreon Wireless Period Price Range

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December 13, 2024
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Electreon Wireless 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.

Electreon Wireless December 13, 2024 Market Strength

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

Electreon Wireless Technical and Predictive Indicators

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

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