Paz Oil (Israel) Price on September 24, 2024
| PZOL Stock | ILS 47,250 520.00 1.09% |
If you're considering investing in Paz Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paz Oil stands at 47,250, as last reported on the 8th of January, with the highest price reaching 48,090 and the lowest price hitting 46,760 during the day. Paz Oil appears to be very steady, given 3 months investment horizon. Paz Oil maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Paz Oil, which you can use to evaluate the volatility of the company. Please evaluate Paz Oil's Risk Adjusted Performance of 0.201, coefficient of variation of 413.06, and Semi Deviation of 1.23 to confirm if our risk estimates are consistent with your expectations.
Paz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paz |
Sharpe Ratio = 0.2288
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PZOL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Paz Oil is performing at about 18% 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 Paz Oil by adding it to a well-diversified portfolio.
Paz Oil Valuation on September 24, 2024
It is possible to determine the worth of Paz Oil on a given historical date. On September 24, 2024 Paz was worth 37710.0 at the beginning of the trading date compared to the closed value of 37480.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paz Oil stock. Still, in general, we apply an absolute valuation method to find Paz Oil'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 Paz Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paz Oil's related companies.
| Open | High | Low | Close | Volume | |
| 38,030 | 38,300 | 37,190 | 37,190 | 11,959 | |
09/24/2024 | 37,710 | 38,050 | 37,160 | 37,480 | 20,341 |
| 37,480 | 37,680 | 37,200 | 37,640 | 8,847 |
| Backtest Paz Oil | | | Paz Oil History | | | Paz Oil Valuation | Previous | Next |
Paz Oil Trading Date Momentum on September 24, 2024
| On September 25 2024 Paz Oil was traded for 37,640 at the closing time. The highest price during the trading period was 37,680 and the lowest recorded bid was listed for 37,200 . The volume for the day was 8.8 K. This history from September 25, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the current price is 7.98% . |
Paz Oil Fundamentals Correlations and Trends
By evaluating Paz Oil'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 Paz Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paz Oil Stock history
Paz Oil 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 Paz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paz Oil 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 Paz Oil stock prices may prove useful in developing a viable investing in Paz Oil
Paz Oil Company Ltd., together with its subsidiaries, refines, produces, stores, imports, sells, and markets oil and other products in Israel and internationally. Paz Oil Company Ltd. was founded in 1922 and is based in Yakum, Israel. PAZ OIL operates under Oil Gas Refining Marketing classification in Israel and is traded on Tel Aviv Stock Exchange.
Paz Oil Stock Technical Analysis
Paz Oil 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
Paz Oil Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Paz Oil 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.
Paz Oil January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Paz Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paz Oil shares will generate the highest return on investment. By undertsting and applying Paz Oil stock market strength indicators, traders can identify Paz Oil entry and exit signals to maximize returns
Paz Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paz Oil's price direction in advance. Along with the technical and fundamental analysis of Paz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paz 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 | 0.201 | |||
| Jensen Alpha | 0.3812 | |||
| Total Risk Alpha | 0.3501 | |||
| Sortino Ratio | 0.2342 | |||
| Treynor Ratio | 1.28 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Paz Stock analysis
When running Paz Oil's price analysis, check to measure Paz Oil'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 Paz Oil is operating at the current time. Most of Paz Oil's value examination focuses on studying past and present price action to predict the probability of Paz Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paz Oil's price. Additionally, you may evaluate how the addition of Paz Oil to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |