Shemen Industries (Israel) Price on September 26, 2024
| SMNIN Stock | ILS 1,793 1.00 0.06% |
If you're considering investing in Shemen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shemen Industries stands at 1,793, as last reported on the 28th of December, with the highest price reaching 1,793 and the lowest price hitting 1,793 during the day. Shemen Industries appears to be very steady, given 3 months investment horizon. Shemen Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Shemen Industries' technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Shemen Industries' Risk Adjusted Performance of 0.116, semi deviation of 1.51, and Coefficient Of Variation of 730.12 to confirm if our risk estimates are consistent with your expectations.
Shemen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shemen |
Sharpe Ratio = 0.2605
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Shemen Industries is performing at about 20% 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 Shemen Industries by adding it to a well-diversified portfolio.
Shemen Industries Valuation on September 26, 2024
It is possible to determine the worth of Shemen Industries on a given historical date. On September 26, 2024 Shemen was worth 1309.0 at the beginning of the trading date compared to the closed value of 1330.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shemen Industries stock. Still, in general, we apply an absolute valuation method to find Shemen Industries' 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 Shemen Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shemen Industries' related companies.
| Open | High | Low | Close | Volume | |
| 1,306 | 1,310 | 1,299 | 1,299 | 1,019 | |
09/26/2024 | 1,309 | 1,330 | 1,309 | 1,330 | 166.00 |
| 1,303 | 1,336 | 1,303 | 1,314 | 4,336 |
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Shemen Industries Trading Date Momentum on September 26, 2024
| On September 30 2024 Shemen Industries was traded for 1,314 at the closing time. The highest price during the trading period was 1,336 and the lowest recorded bid was listed for 1,303 . The volume for the day was 4.3 K. This history from September 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.20% . The trading price change to the current price is 0.98% . |
Shemen Industries Fundamentals Correlations and Trends
By evaluating Shemen Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shemen Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shemen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shemen Industries Stock history
Shemen Industries 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 Shemen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shemen Industries 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 Shemen Industries stock prices may prove useful in developing a viable investing in Shemen Industries
Shemen Industries Ltd. produces and sells vegetable oils and seeds in Israel. The company was founded in 1919 and is based in Haifa, Israel. SHEMEN INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.
Shemen Industries Stock Technical Analysis
Shemen Industries 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
Shemen Industries Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
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Shemen Industries December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Shemen Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shemen Industries shares will generate the highest return on investment. By undertsting and applying Shemen Industries stock market strength indicators, traders can identify Shemen Industries entry and exit signals to maximize returns
Shemen Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shemen Industries' price direction in advance. Along with the technical and fundamental analysis of Shemen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shemen 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 | 0.116 | |||
| Jensen Alpha | 0.3129 | |||
| Total Risk Alpha | 0.2595 | |||
| Sortino Ratio | 0.1675 | |||
| Treynor Ratio | 0.4741 |
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Additional Tools for Shemen Stock Analysis
When running Shemen Industries' price analysis, check to measure Shemen Industries' 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 Shemen Industries is operating at the current time. Most of Shemen Industries' value examination focuses on studying past and present price action to predict the probability of Shemen Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shemen Industries' price. Additionally, you may evaluate how the addition of Shemen Industries to your portfolios can decrease your overall portfolio volatility.