Shapir Engineering (Israel) Price on December 10, 2024
| SPEN Stock | ILS 2,863 12.00 0.42% |
If you're considering investing in Shapir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shapir Engineering stands at 2,863, as last reported on the 23rd of December, with the highest price reaching 2,905 and the lowest price hitting 2,815 during the day. Shapir Engineering appears to be very steady, given 3 months investment horizon. Shapir Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.37, which indicates the firm had a 0.37% return per unit of risk over the last 3 months. By inspecting Shapir Engineering's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review Shapir Engineering's Risk Adjusted Performance of 0.1878, coefficient of variation of 437.14, and Semi Deviation of 1.51 to confirm if our risk estimates are consistent with your expectations.
Shapir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shapir |
Sharpe Ratio = 0.3689
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average Shapir Engineering is performing at about 29% 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 Shapir Engineering by adding it to a well-diversified portfolio.
Shapir Engineering Valuation on December 10, 2024
It is possible to determine the worth of Shapir Engineering on a given historical date. On December 10, 2024 Shapir was worth 2916.0 at the beginning of the trading date compared to the closed value of 2965.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shapir Engineering stock. Still, in general, we apply an absolute valuation method to find Shapir 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 Shapir Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shapir Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 2,859 | 2,915 | 2,852 | 2,906 | 225,381 | |
12/10/2024 | 2,916 | 2,967 | 2,893 | 2,965 | 196,568 |
| 2,965 | 3,027 | 2,905 | 2,925 | 361,644 |
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Shapir Engineering Trading Date Momentum on December 10, 2024
| On December 11 2024 Shapir Engineering Industry was traded for 2,925 at the closing time. The highest price during the trading period was 3,027 and the lowest recorded bid was listed for 2,905 . The volume for the day was 361.6 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.35% . The trading price change to the current price is 2.87% . |
Shapir Engineering Fundamentals Correlations and Trends
By evaluating Shapir 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 Shapir Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shapir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shapir Engineering Stock history
Shapir 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 Shapir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shapir 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 Shapir Engineering stock prices may prove useful in developing a viable investing in Shapir Engineering
Shapir Engineering and Industry Ltd, together with its subsidiaries, engages in construction, construction materials, and real estate businesses in Israel. Shapir Engineering and Industry Ltd was incorporated in 2013 and is based in Petach Tikva, Israel. SHAPIR ENGINEERING is traded on Tel Aviv Stock Exchange in Israel.
Shapir Engineering Stock Technical Analysis
Shapir 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
Shapir Engineering Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Shapir Engineering Industry 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.
Shapir Engineering December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shapir 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 Shapir Engineering shares will generate the highest return on investment. By undertsting and applying Shapir Engineering stock market strength indicators, traders can identify Shapir Engineering Industry entry and exit signals to maximize returns
Shapir Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shapir Engineering's price direction in advance. Along with the technical and fundamental analysis of Shapir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shapir 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 | 0.1878 | |||
| Jensen Alpha | 0.5204 | |||
| Total Risk Alpha | 0.4478 | |||
| Sortino Ratio | 0.2664 | |||
| Treynor Ratio | (1.31) |
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Complementary Tools for Shapir Stock analysis
When running Shapir Engineering's price analysis, check to measure Shapir 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 Shapir Engineering is operating at the current time. Most of Shapir Engineering's value examination focuses on studying past and present price action to predict the probability of Shapir 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 Shapir Engineering's price. Additionally, you may evaluate how the addition of Shapir Engineering to your portfolios can decrease your overall portfolio volatility.
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