Sure Tech (Israel) Price on December 24, 2024
| STEC Stock | 772.10 2.20 0.29% |
If you're considering investing in Sure Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sure Tech stands at 772.10, as last reported on the 30th of December, with the highest price reaching 799.70 and the lowest price hitting 767.90 during the day. Sure Tech appears to be very steady, given 3 months investment horizon. Sure Tech Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Sure Tech's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Sure Tech's Semi Deviation of 2.15, coefficient of variation of 510.04, and Risk Adjusted Performance of 0.164 to confirm if our risk estimates are consistent with your expectations.
Sure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sure |
Sharpe Ratio = 0.1961
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Sure Tech is performing at about 15% 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 Sure Tech by adding it to a well-diversified portfolio.
Sure Tech Valuation on December 24, 2024
It is possible to determine the worth of Sure Tech on a given historical date. On December 24, 2024 Sure was worth 800.0 at the beginning of the trading date compared to the closed value of 800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sure Tech stock. Still, in general, we apply an absolute valuation method to find Sure Tech'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 Sure Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sure Tech's related companies.
| Open | High | Low | Close | Volume | |
| 750.00 | 789.00 | 700.00 | 764.90 | 12,263 | |
12/24/2024 | 800.00 | 800.00 | 800.00 | 800.00 | 1,299 |
| 770.00 | 770.00 | 768.00 | 769.90 | 3,574 |
| Backtest Sure Tech | | | Sure Tech History | | | Sure Tech Valuation | Previous | Next |
Sure Tech Trading Date Momentum on December 24, 2024
| On December 25 2024 Sure Tech Investments LP was traded for 769.90 at the closing time. The highest price during the trading period was 770.00 and the lowest recorded bid was listed for 768.00 . The volume for the day was 3.6 K. This history from December 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.76% . The trading price change to the current price is 3.76% . |
Sure Tech Investments Fundamentals Correlations and Trends
By evaluating Sure Tech'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 Sure Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sure Tech Stock history
Sure Tech 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 Sure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sure Tech Investments 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 Sure Tech stock prices may prove useful in developing a viable investing in Sure Tech
Sure Tech Stock Technical Analysis
Sure Tech 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
Sure Tech Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Sure Tech Investments LP 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.
Sure Tech December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sure Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sure Tech shares will generate the highest return on investment. By undertsting and applying Sure Tech stock market strength indicators, traders can identify Sure Tech Investments LP entry and exit signals to maximize returns
Sure Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sure Tech's price direction in advance. Along with the technical and fundamental analysis of Sure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sure 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 | 0.164 | |||
| Jensen Alpha | 0.6992 | |||
| Total Risk Alpha | 0.5757 | |||
| Sortino Ratio | 0.163 | |||
| Treynor Ratio | (0.56) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sure Stock analysis
When running Sure Tech's price analysis, check to measure Sure Tech'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 Sure Tech is operating at the current time. Most of Sure Tech's value examination focuses on studying past and present price action to predict the probability of Sure Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sure Tech's price. Additionally, you may evaluate how the addition of Sure Tech to your portfolios can decrease your overall portfolio volatility.
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