El Al (Israel) Price on August 8, 2024
| ELAL Stock | 705.50 46.10 6.99% |
If you're considering investing in ELAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of El Al stands at 705.50, as last reported on the 6th of December, with the highest price reaching 706.40 and the lowest price hitting 654.10 during the day. El Al appears to be out of control, given 3 months investment horizon. El Al Israel retains Efficiency (Sharpe Ratio) of 0.0808, which denotes the company had a 0.0808% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for El Al, which you can use to evaluate the volatility of the firm. Please utilize El Al's Market Risk Adjusted Performance of (0.90), downside deviation of 4.11, and Standard Deviation of 3.59 to check if our risk estimates are consistent with your expectations.
ELAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ELAL |
Sharpe Ratio = 0.0808
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ELAL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average El Al is performing at about 6% 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 El Al by adding it to a well-diversified portfolio.
El Al Valuation on August 8, 2024
It is possible to determine the worth of El Al on a given historical date. On August 8, 2024 ELAL was worth 545.0 at the beginning of the trading date compared to the closed value of 548.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of El Al stock. Still, in general, we apply an absolute valuation method to find El Al'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 El Al where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against El Al's related companies.
| Open | High | Low | Close | Volume | |
| 521.00 | 545.00 | 520.60 | 545.00 | 8,342,768 | |
08/08/2024 | 545.00 | 549.90 | 528.80 | 548.00 | 4,864,540 |
| 556.00 | 565.60 | 540.00 | 544.70 | 10,150,020 |
| Backtest El Al | | | El Al History | | | El Al Valuation | Previous | Next |
El Al Trading Date Momentum on August 8, 2024
| On August 12 2024 El Al Israel was traded for 544.70 at the closing time. The highest price during the trading period was 565.60 and the lowest recorded bid was listed for 540.00 . The volume for the day was 10.2 M. This history from August 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the current price is 1.68% . |
El Al Israel Fundamentals Correlations and Trends
By evaluating El Al'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 El Al's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ELAL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About El Al Stock history
El Al 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 ELAL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in El Al Israel 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 El Al stock prices may prove useful in developing a viable investing in El Al
El Al Israel Airlines Ltd., together with its subsidiaries, provides passengers and cargo transportation services. El Al Israel Airlines Ltd. was founded in 1948 and is headquartered in Lod, Israel. EL AL operates under Airlines classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3570 people.
El Al Stock Technical Analysis
El Al 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
El Al Period Price Range
Low | December 6, 2024
| High |
0.00 | 0.00 |
El Al Israel 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.
El Al December 6, 2024 Market Strength
Market strength indicators help investors to evaluate how El Al stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading El Al shares will generate the highest return on investment. By undertsting and applying El Al stock market strength indicators, traders can identify El Al Israel entry and exit signals to maximize returns
El Al Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for El Al's price direction in advance. Along with the technical and fundamental analysis of ELAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ELAL 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 | 0.121 | |||
| Jensen Alpha | 0.6093 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0992 | |||
| Treynor Ratio | (0.91) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ELAL Stock analysis
When running El Al's price analysis, check to measure El Al'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 El Al is operating at the current time. Most of El Al's value examination focuses on studying past and present price action to predict the probability of El Al's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move El Al's price. Additionally, you may evaluate how the addition of El Al to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |