Ludan Engineering (Israel) Price on November 11, 2024
| LUDN Stock | ILS 2,265 20.00 0.88% |
If you're considering investing in Ludan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ludan Engineering stands at 2,265, as last reported on the 16th of December 2024, with the highest price reaching 2,280 and the lowest price hitting 2,264 during the day. Ludan Engineering appears to be very steady, given 3 months investment horizon. Ludan Engineering has Sharpe Ratio of 0.45, which conveys that the firm had a 0.45% return per unit of risk over the last 3 months. By analyzing Ludan Engineering's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please exercise Ludan Engineering's Mean Deviation of 1.34, downside deviation of 1.14, and Risk Adjusted Performance of 0.287 to check out if our risk estimates are consistent with your expectations.
Ludan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ludan |
Sharpe Ratio = 0.4506
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.45 actual daily | 35 65% of assets perform better |
Based on monthly moving average Ludan Engineering is performing at about 35% 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 Ludan Engineering by adding it to a well-diversified portfolio.
Ludan Engineering Valuation on November 11, 2024
It is possible to determine the worth of Ludan Engineering on a given historical date. On November 11, 2024 Ludan was worth 1859.0 at the beginning of the trading date compared to the closed value of 1863.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ludan Engineering stock. Still, in general, we apply an absolute valuation method to find Ludan Engineering'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 Ludan Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ludan Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 1,881 | 1,881 | 1,811 | 1,869 | 8,360 | |
11/11/2024 | 1,859 | 1,863 | 1,760 | 1,863 | 5,029 |
| 1,869 | 1,869 | 1,850 | 1,850 | 3,943 |
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Ludan Engineering Trading Date Momentum on November 11, 2024
| On November 12 2024 Ludan Engineering Co was traded for 1,850 at the closing time. The highest price during the trading period was 1,869 and the lowest recorded bid was listed for 1,850 . The volume for the day was 3.9 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.70% . The trading delta at closing time to the current price is 5.96% . |
Ludan Engineering Fundamentals Correlations and Trends
By evaluating Ludan Engineering'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 Ludan Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ludan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ludan Engineering Stock history
Ludan Engineering 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 Ludan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ludan Engineering 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 Ludan Engineering stock prices may prove useful in developing a viable investing in Ludan Engineering
It offers engineering, procurement, construction supervision, and project management services, as well as turn-key projects. The company was founded in 1977 and is headquartered in Petah Tikva, Israel. LUDAN ENGINEERING operates under Engineering Construction classification in Israel and is traded on Tel Aviv Stock Exchange.
Ludan Engineering Stock Technical Analysis
Ludan Engineering 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
Ludan Engineering Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Ludan Engineering Co 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.
Ludan Engineering December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Ludan Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ludan Engineering shares will generate the highest return on investment. By undertsting and applying Ludan Engineering stock market strength indicators, traders can identify Ludan Engineering Co entry and exit signals to maximize returns
Ludan Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ludan Engineering's price direction in advance. Along with the technical and fundamental analysis of Ludan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ludan 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 | 0.287 | |||
| Jensen Alpha | 0.6287 | |||
| Total Risk Alpha | 0.4566 | |||
| Sortino Ratio | 0.5126 | |||
| Treynor Ratio | 1.27 |
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Complementary Tools for Ludan Stock analysis
When running Ludan Engineering's price analysis, check to measure Ludan Engineering'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 Ludan Engineering is operating at the current time. Most of Ludan Engineering's value examination focuses on studying past and present price action to predict the probability of Ludan Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ludan Engineering's price. Additionally, you may evaluate how the addition of Ludan Engineering to your portfolios can decrease your overall portfolio volatility.
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