Electra (Israel) Price on September 21, 2023

ELTR Stock  ILS 223,000  10.00  0%   
If you're considering investing in Electra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electra stands at 223,000, as last reported on the 12th of December 2024, with the highest price reaching 228,000 and the lowest price hitting 221,020 during the day. Electra is very steady given 3 months investment horizon. Electra secures Sharpe Ratio (or Efficiency) of 0.5, which denotes the company had a 0.5% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Electra Coefficient Of Variation of 311.18, mean deviation of 1.75, and Downside Deviation of 2.11 to evaluate company specific risk that cannot be diversified away.
  
Electra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.4952

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

Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 1.19
  actual daily
23
77% of assets have higher returns

Risk-Adjusted Return

 0.5
  actual daily
38
62% of assets perform better
Based on monthly moving average Electra is performing at about 38% 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 Electra by adding it to a well-diversified portfolio.

Electra Valuation on September 21, 2023

It is possible to determine the worth of Electra on a given historical date. On September 21, 2023 Electra was worth 144347.0 at the beginning of the trading date compared to the closed value of 145036.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electra stock. Still, in general, we apply an absolute valuation method to find Electra'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 Electra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electra's related companies.
 Open High Low Close Volume
  139,795    144,238    139,282    143,696    1,337  
09/21/2023
  144,347    147,992    143,066    145,036    3,123  
  145,036    145,628    142,711    142,711    1,691  
Backtest Electra  |  Electra History  |  Electra Valuation   PreviousNext  
Open Value
144347.0
144,340
Downside
145036.0
Closing Value
144,354
Upside

Electra Trading Date Momentum on September 21, 2023

On September 26 2023 Electra was traded for  142,711  at the closing time. The highest price during the trading period was 145,628  and the lowest recorded bid was listed for  142,711 . The volume for the day was 1.7 K. This history from September 26, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.60% . The overall trading delta to the current price is 1.90% .

Electra Fundamentals Correlations and Trends

By evaluating Electra'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 Electra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Electra Stock history

Electra 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 Electra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electra 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 Electra stock prices may prove useful in developing a viable investing in Electra
Electra Limited operates as an electromechanical, and construction and infrastructure company in Israel and internationally. Electra Limited was founded in 1945 and is based in Ramat Gan, Israel. ELECTRA LTD operates under Engineering Construction classification in Israel and is traded on Tel Aviv Stock Exchange.

Electra Stock Technical Analysis

Electra 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 Electra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electra 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

Electra Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Electra 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.

Electra December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Electra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electra shares will generate the highest return on investment. By undertsting and applying Electra stock market strength indicators, traders can identify Electra entry and exit signals to maximize returns

Electra Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Electra's price direction in advance. Along with the technical and fundamental analysis of Electra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electra 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 Electra Stock analysis

When running Electra's price analysis, check to measure Electra'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 Electra is operating at the current time. Most of Electra's value examination focuses on studying past and present price action to predict the probability of Electra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra's price. Additionally, you may evaluate how the addition of Electra to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.