Tamar Petroleum (Israel) Price on December 5, 2023
| TMRP Stock | 2,355 11.00 0.46% |
If you're considering investing in Tamar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tamar Petroleum stands at 2,355, as last reported on the 25th of December, with the highest price reaching 2,402 and the lowest price hitting 2,345 during the day. Tamar Petroleum appears to be very steady, given 3 months investment horizon. Tamar Petroleum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tamar Petroleum, which you can use to evaluate the volatility of the company. Please review Tamar Petroleum's Coefficient Of Variation of 545.29, semi deviation of 1.29, and Risk Adjusted Performance of 0.1525 to confirm if our risk estimates are consistent with your expectations.
Tamar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tamar |
Sharpe Ratio = 0.2244
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Tamar Petroleum is performing at about 17% 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 Tamar Petroleum by adding it to a well-diversified portfolio.
Tamar Petroleum Valuation on December 5, 2023
It is possible to determine the worth of Tamar Petroleum on a given historical date. On December 5, 2023 Tamar was worth 1584.39 at the beginning of the trading date compared to the closed value of 1541.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tamar Petroleum stock. Still, in general, we apply an absolute valuation method to find Tamar Petroleum'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 Tamar Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tamar Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 1,507 | 1,589 | 1,507 | 1,576 | 91,510 | |
12/05/2023 | 1,584 | 1,584 | 1,536 | 1,542 | 83,180 |
| 1,542 | 1,572 | 1,518 | 1,532 | 53,379 |
| Backtest Tamar Petroleum | | | Tamar Petroleum History | | | Tamar Petroleum Valuation | Previous | Next |
Tamar Petroleum Trading Date Momentum on December 5, 2023
| On December 06 2023 Tamar Petroleum was traded for 1,532 at the closing time. The highest price during the trading period was 1,572 and the lowest recorded bid was listed for 1,518 . The volume for the day was 53.4 K. This history from December 6, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.64% . The trading price change to the current price is 0.38% . |
Tamar Petroleum Fundamentals Correlations and Trends
By evaluating Tamar Petroleum'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 Tamar Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tamar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tamar Petroleum Stock history
Tamar Petroleum 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 Tamar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tamar Petroleum 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 Tamar Petroleum stock prices may prove useful in developing a viable investing in Tamar Petroleum
Tamar Petroleum Ltd engages in the exploration and production of natural gas in Israel. Tamar Petroleum Ltd was incorporated in 2015 and is based in Herzliya Pituach, Israel. TAMAR PETROLEUM is traded on Tel Aviv Stock Exchange in Israel.
Tamar Petroleum Stock Technical Analysis
Tamar Petroleum 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
Tamar Petroleum Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Tamar Petroleum 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.
Tamar Petroleum December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Tamar Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tamar Petroleum shares will generate the highest return on investment. By undertsting and applying Tamar Petroleum stock market strength indicators, traders can identify Tamar Petroleum entry and exit signals to maximize returns
Tamar Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tamar Petroleum's price direction in advance. Along with the technical and fundamental analysis of Tamar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tamar 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 | 0.1525 | |||
| Jensen Alpha | 0.3445 | |||
| Total Risk Alpha | 0.2627 | |||
| Sortino Ratio | 0.1912 | |||
| Treynor Ratio | 4.36 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tamar Stock analysis
When running Tamar Petroleum's price analysis, check to measure Tamar Petroleum'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 Tamar Petroleum is operating at the current time. Most of Tamar Petroleum's value examination focuses on studying past and present price action to predict the probability of Tamar Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamar Petroleum's price. Additionally, you may evaluate how the addition of Tamar Petroleum to your portfolios can decrease your overall portfolio volatility.
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