El Al (Israel) Price on September 12, 2024

ELAL Stock   685.50  20.00  2.83%   
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 685.50, as last reported on the 10th of December, with the highest price reaching 693.70 and the lowest price hitting 680.00 during the day. El Al appears to be very steady, given 3 months investment horizon. El Al Israel retains Efficiency (Sharpe Ratio) of 0.0504, which denotes the company had a 0.0504% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for El Al, which you can use to evaluate the volatility of the firm. Please utilize El Al's Standard Deviation of 3.59, market risk adjusted performance of (0.34), and Downside Deviation of 4.13 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.

Sharpe Ratio = 0.0504

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsELAL
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.05
  actual daily
36
64% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average El Al is performing at about 3% 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 September 12, 2024

It is possible to determine the worth of El Al on a given historical date. On September 12, 2024 ELAL was worth 649.0 at the beginning of the trading date compared to the closed value of 633.8. 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
  639.40    649.00    639.40    648.60    5,574,350  
09/12/2024
  649.00    654.10    621.10    633.80    9,549,920  
  595.00    609.00    577.30    599.00    10,171,885  
Backtest El Al  |  El Al History  |  El Al Valuation   PreviousNext  
Open Value
649.0
636.86
Downside
633.8
Closing Value
661.14
Upside

El Al Trading Date Momentum on September 12, 2024

On September 16 2024 El Al Israel was traded for  599.00  at the closing time. The highest price during the trading period was 609.00  and the lowest recorded bid was listed for  577.30 . The volume for the day was 10.2 M. This history from September 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.49% . The overall trading delta to the current price is 2.48% .

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.
A focus of El Al technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of El Al trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

El Al Period Price Range

Low
December 10, 2024
0.00  NaN%
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 10, 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.

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.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities