Spring Ventures (Israel) Price on February 29, 2024
SPRG Stock | ILA 561.50 11.20 1.96% |
If you're considering investing in Spring Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spring Ventures stands at 561.50, as last reported on the 26th of December, with the highest price reaching 572.70 and the lowest price hitting 561.50 during the day. Spring Ventures owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Spring Ventures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spring Ventures' Risk Adjusted Performance of (0.11), coefficient of variation of (683.91), and Variance of 9.64 to confirm the risk estimate we provide.
Spring Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spring |
Sharpe Ratio = -0.1328
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Estimated Market Risk
3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spring Ventures is not performing at its full potential. However, 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 Spring Ventures by adding Spring Ventures to a well-diversified portfolio.
Spring Ventures Valuation on February 29, 2024
It is possible to determine the worth of Spring Ventures on a given historical date. On February 29, 2024 Spring was worth 509.31 at the beginning of the trading date compared to the closed value of 509.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spring Ventures stock. Still, in general, we apply an absolute valuation method to find Spring Ventures' 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 Spring Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spring Ventures' related companies.
Open | High | Low | Close | Volume | |
498.92 | 503.91 | 498.92 | 498.92 | 1.00 | |
02/29/2024 | 509.31 | 509.37 | 509.31 | 509.31 | 500.00 |
505.59 | 510.43 | 505.59 | 508.49 | 500.00 |
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Spring Ventures Trading Date Momentum on February 29, 2024
On March 04 2024 Spring Ventures was traded for 508.49 at the closing time. The highest price during the trading period was 510.43 and the lowest recorded bid was listed for 505.59 . The volume for the day was 500. This history from March 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.16% . The trading price change to the current price is 0.35% . |
Spring Ventures Fundamentals Correlations and Trends
By evaluating Spring Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spring Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spring financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spring Ventures Stock history
Spring Ventures 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 Spring is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spring Ventures 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 Spring Ventures stock prices may prove useful in developing a viable investing in Spring Ventures
Is a venture capital firm specializes in Seed stage, Series A stage and early stage investments. Spring Ventures Ltd. was incorporated in 1999 and is based in Tel Aviv, Israel with an additional office in New York, New York. SPRING VENTURES operates under Asset Management classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 5 people.
Spring Ventures Stock Technical Analysis
Spring Ventures 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
Spring Ventures Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Spring Ventures 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.
Spring Ventures December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Spring Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spring Ventures shares will generate the highest return on investment. By undertsting and applying Spring Ventures stock market strength indicators, traders can identify Spring Ventures entry and exit signals to maximize returns
Spring Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spring Ventures' price direction in advance. Along with the technical and fundamental analysis of Spring Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spring 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 | (0.11) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | 0.8481 |
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Volume Indicators |
Complementary Tools for Spring Stock analysis
When running Spring Ventures' price analysis, check to measure Spring Ventures' 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 Spring Ventures is operating at the current time. Most of Spring Ventures' value examination focuses on studying past and present price action to predict the probability of Spring Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spring Ventures' price. Additionally, you may evaluate how the addition of Spring Ventures to your portfolios can decrease your overall portfolio volatility.
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