Millennium Food (Israel) Price on February 1, 2024
MIFT Stock | ILA 201.40 13.40 7.13% |
If you're considering investing in Millennium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millennium Food stands at 201.40, as last reported on the 3rd of December, with the highest price reaching 208.00 and the lowest price hitting 187.70 during the day. Millennium Food Tech has Sharpe Ratio of -0.0231, which conveys that the firm had a -0.0231% return per unit of risk over the last 3 months. Millennium Food exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Millennium Food's Downside Deviation of 3.62, mean deviation of 2.27, and Risk Adjusted Performance of 0.0173 to check out the risk estimate we provide.
Millennium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Millennium |
Sharpe Ratio = -0.0231
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Millennium Food 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 Millennium Food by adding Millennium Food to a well-diversified portfolio.
Millennium Food Valuation on February 1, 2024
It is possible to determine the worth of Millennium Food on a given historical date. On February 1, 2024 Millennium was worth 315.5 at the beginning of the trading date compared to the closed value of 323.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millennium Food stock. Still, in general, we apply an absolute valuation method to find Millennium Food'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 Millennium Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millennium Food's related companies.
Open | High | Low | Close | Volume | |
318.50 | 328.00 | 308.50 | 315.50 | 63,701 | |
02/01/2024 | 315.50 | 338.50 | 315.50 | 323.00 | 97,259 |
322.50 | 329.00 | 292.00 | 296.00 | 333,395 |
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Millennium Food Trading Date Momentum on February 1, 2024
On February 05 2024 Millennium Food Tech LP was traded for 296.00 at the closing time. The highest price during the trading period was 329.00 and the lowest recorded bid was listed for 292.00 . The volume for the day was 333.4 K. This history from February 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 8.36% . The trading delta at closing time to the current price is 3.56% . |
Millennium Food Tech Fundamentals Correlations and Trends
By evaluating Millennium Food'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 Millennium Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millennium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Millennium Food Stock history
Millennium Food 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 Millennium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millennium Food 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 Millennium Food stock prices may prove useful in developing a viable investing in Millennium Food
Millennium Food Tech Limited Partnership operates as a food technology company in Israel. The company was founded in 2019 and is based in Jaffa, Israel. MILLENNIUM FOOD is traded on Tel Aviv Stock Exchange in Israel.
Millennium Food Stock Technical Analysis
Millennium Food 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
Millennium Food Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Millennium Food Tech LP 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.
Millennium Food December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Millennium Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millennium Food shares will generate the highest return on investment. By undertsting and applying Millennium Food stock market strength indicators, traders can identify Millennium Food Tech LP entry and exit signals to maximize returns
Millennium Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millennium Food's price direction in advance. Along with the technical and fundamental analysis of Millennium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millennium 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 | 0.0173 | |||
Jensen Alpha | 0.0656 | |||
Total Risk Alpha | (0.44) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.09) |
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Complementary Tools for Millennium Stock analysis
When running Millennium Food's price analysis, check to measure Millennium Food'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 Millennium Food is operating at the current time. Most of Millennium Food's value examination focuses on studying past and present price action to predict the probability of Millennium Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennium Food's price. Additionally, you may evaluate how the addition of Millennium Food to your portfolios can decrease your overall portfolio volatility.
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