NewMed Energy (Israel) Price on December 4, 2024
| NWMD Stock | 1,104 15.00 1.34% |
If you're considering investing in NewMed Stock, it is important to understand the factors that can impact its price. As of today, the current price of NewMed Energy stands at 1,104, as last reported on the 30th of December, with the highest price reaching 1,111 and the lowest price hitting 1,096 during the day. NewMed Energy appears to be very steady, given 3 months investment horizon. NewMed Energy has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for NewMed Energy, which you can use to evaluate the volatility of the firm. Please exercise NewMed Energy's Risk Adjusted Performance of 0.1185, mean deviation of 1.16, and Downside Deviation of 1.27 to check out if our risk estimates are consistent with your expectations.
NewMed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NewMed |
Sharpe Ratio = 0.1429
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NWMD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average NewMed Energy is performing at about 11% 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 NewMed Energy by adding it to a well-diversified portfolio.
NewMed Energy Valuation on December 4, 2024
It is possible to determine the worth of NewMed Energy on a given historical date. On December 4, 2024 NewMed was worth 1155.0 at the beginning of the trading date compared to the closed value of 1136.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewMed Energy stock. Still, in general, we apply an absolute valuation method to find NewMed Energy'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 NewMed Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewMed Energy's related companies.
| Open | High | Low | Close | Volume | |
| 1,131 | 1,156 | 1,131 | 1,148 | 593,669 | |
12/04/2024 | 1,155 | 1,155 | 1,136 | 1,136 | 633,628 |
| 1,129 | 1,137 | 1,120 | 1,136 | 2,353,532 |
| Backtest NewMed Energy | | | NewMed Energy History | Previous | Next |
NewMed Energy Trading Date Momentum on December 4, 2024
| On December 05 2024 NewMed Energy was traded for 1,136 at the closing time. The highest price during the trading period was 1,137 and the lowest recorded bid was listed for 1,120 . The volume for the day was 2.4 M. This history from December 5, 2024 did not cause price change. The trading delta at closing time to the current price is 2.73% . |
Price Boundaries
NewMed Energy Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
NewMed Energy 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.
NewMed Energy December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how NewMed Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewMed Energy shares will generate the highest return on investment. By undertsting and applying NewMed Energy stock market strength indicators, traders can identify NewMed Energy entry and exit signals to maximize returns
NewMed Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NewMed Energy's price direction in advance. Along with the technical and fundamental analysis of NewMed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewMed 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 | 0.1185 | |||
| Jensen Alpha | 0.1941 | |||
| Total Risk Alpha | 0.1612 | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | 0.5271 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NewMed Stock analysis
When running NewMed Energy's price analysis, check to measure NewMed Energy'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 NewMed Energy is operating at the current time. Most of NewMed Energy's value examination focuses on studying past and present price action to predict the probability of NewMed Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMed Energy's price. Additionally, you may evaluate how the addition of NewMed Energy to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |