Galileo Tech (Israel) Price on August 27, 2024

GLTC Stock   12.80  2.10  14.09%   
If you're considering investing in Galileo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Galileo Tech stands at 12.80, as last reported on the 13th of December 2024, with the highest price reaching 16.40 and the lowest price hitting 12.20 during the day. Galileo Tech holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Galileo Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galileo Tech's Risk Adjusted Performance of (0.07), market risk adjusted performance of (5.16), and Standard Deviation of 6.27 to validate the risk estimate we provide.
  
Galileo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1188

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Estimated Market Risk

 6.24
  actual daily
55
55% of assets are less volatile

Expected Return

 -0.74
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Galileo Tech is not performing at its full potential. However, 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 Galileo Tech by adding Galileo Tech to a well-diversified portfolio.

Galileo Tech Valuation on August 27, 2024

It is possible to determine the worth of Galileo Tech on a given historical date. On August 27, 2024 Galileo was worth 17.8 at the beginning of the trading date compared to the closed value of 18.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Galileo Tech stock. Still, in general, we apply an absolute valuation method to find Galileo 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 Galileo Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Galileo Tech's related companies.
 Open High Low Close Volume
  17.80    17.80    17.80    17.80    12,000  
08/27/2024
  17.80    19.70    17.40    18.80    128,234  
  19.70    19.70    19.40    19.40    8,069  
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Open Value
17.8
18.8
Closing Value
36.51
Upside

Galileo Tech Trading Date Momentum on August 27, 2024

On August 28 2024 Galileo Tech was traded for  19.40  at the closing time. The highest price during the trading period was 19.70  and the lowest recorded bid was listed for  19.40 . The volume for the day was 8.1 K. This history from August 28, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.19% . The overall trading delta to the current price is 16.49% .

Galileo Tech Fundamentals Correlations and Trends

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

About Galileo Tech Stock history

Galileo 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 Galileo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Galileo Tech 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 Galileo Tech stock prices may prove useful in developing a viable investing in Galileo Tech
Israel Ltd. develops a system of technology to convert municipal solid waste, green waste, and waste tires into useable and marketable end products. Its customers include country governments, states, counties, and municipalities private waste management companies large waste generators, such as pulp mills, recycling and material recovery facilities, private businesses, and disaster relief organizations in Israel and internationally. GALILEO TECH is traded on Tel Aviv Stock Exchange in Israel.

Galileo Tech Stock Technical Analysis

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

Galileo Tech Period Price Range

Low
December 13, 2024
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Galileo Tech 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.

Galileo Tech December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Galileo 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 Galileo Tech shares will generate the highest return on investment. By undertsting and applying Galileo Tech stock market strength indicators, traders can identify Galileo Tech entry and exit signals to maximize returns

Galileo Tech Technical and Predictive Indicators

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

When running Galileo Tech's price analysis, check to measure Galileo 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 Galileo Tech is operating at the current time. Most of Galileo Tech's value examination focuses on studying past and present price action to predict the probability of Galileo 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 Galileo Tech's price. Additionally, you may evaluate how the addition of Galileo Tech to your portfolios can decrease your overall portfolio volatility.
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