Neto Malinda (Israel) Price on October 9, 2024
| NTML Stock | ILS 8,226 173.00 2.06% |
If you're considering investing in Neto Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neto Malinda stands at 8,226, as last reported on the 25th of December, with the highest price reaching 8,467 and the lowest price hitting 8,104 during the day. Neto Malinda appears to be very steady, given 3 months investment horizon. Neto Malinda has Sharpe Ratio of 0.34, which conveys that the firm had a 0.34% return per unit of risk over the last 3 months. By analyzing Neto Malinda's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Neto Malinda's Mean Deviation of 1.39, risk adjusted performance of 0.223, and Downside Deviation of 1.43 to check out if our risk estimates are consistent with your expectations.
Neto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neto |
Sharpe Ratio = 0.3372
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Neto Malinda is performing at about 26% 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 Neto Malinda by adding it to a well-diversified portfolio.
Neto Malinda Valuation on October 9, 2024
It is possible to determine the worth of Neto Malinda on a given historical date. On October 9, 2024 Neto was worth 6544.64 at the beginning of the trading date compared to the closed value of 6533.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neto Malinda stock. Still, in general, we apply an absolute valuation method to find Neto Malinda'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 Neto Malinda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neto Malinda's related companies.
| Open | High | Low | Close | Volume | |
| 6,637 | 6,637 | 6,437 | 6,580 | 3,915 | |
10/09/2024 | 6,545 | 6,609 | 6,503 | 6,534 | 1,572 |
| 6,516 | 6,716 | 6,415 | 6,684 | 14,790 |
| Backtest Neto Malinda | | | Neto Malinda History | | | Neto Malinda Valuation | Previous | Next |
Neto Malinda Trading Date Momentum on October 9, 2024
| On October 10 2024 Neto Malinda was traded for 6,684 at the closing time. The highest price during the trading period was 6,716 and the lowest recorded bid was listed for 6,415 . The volume for the day was 14.8 K. This history from October 10, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.30% . The trading delta at closing time to the current price is 2.55% . |
Neto Malinda Fundamentals Correlations and Trends
By evaluating Neto Malinda'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 Neto Malinda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neto Malinda Stock history
Neto Malinda 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 Neto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neto Malinda 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 Neto Malinda stock prices may prove useful in developing a viable investing in Neto Malinda
Neto Malinda Trading Ltd. manufactures, imports, markets, and distributes kosher food products. The company was founded in 1992 and is based in Kiryat Malachi, Israel. NETO MALINDA is traded on Tel Aviv Stock Exchange in Israel.
Neto Malinda Stock Technical Analysis
Neto Malinda 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
Neto Malinda Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Neto Malinda 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.
Neto Malinda December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Neto Malinda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neto Malinda shares will generate the highest return on investment. By undertsting and applying Neto Malinda stock market strength indicators, traders can identify Neto Malinda entry and exit signals to maximize returns
Neto Malinda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neto Malinda's price direction in advance. Along with the technical and fundamental analysis of Neto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neto 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 | 0.223 | |||
| Jensen Alpha | 0.5217 | |||
| Total Risk Alpha | 0.4337 | |||
| Sortino Ratio | 0.3383 | |||
| Treynor Ratio | (5.23) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Neto Stock analysis
When running Neto Malinda's price analysis, check to measure Neto Malinda'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 Neto Malinda is operating at the current time. Most of Neto Malinda's value examination focuses on studying past and present price action to predict the probability of Neto Malinda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neto Malinda's price. Additionally, you may evaluate how the addition of Neto Malinda to your portfolios can decrease your overall portfolio volatility.
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