Shikun Binui (Israel) Price on December 11, 2024
| SKBN Stock | ILS 1,399 6.00 0.43% |
If you're considering investing in Shikun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shikun Binui stands at 1,399, as last reported on the 13th of December 2024, with the highest price reaching 1,415 and the lowest price hitting 1,392 during the day. Shikun Binui is very steady given 3 months investment horizon. Shikun Binui owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.37, which indicates the firm had a 0.37% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Shikun Binui Coefficient Of Variation of 367.39, risk adjusted performance of 0.2053, and Semi Deviation of 1.55 to evaluate company specific risk that cannot be diversified away.
Shikun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shikun |
Sharpe Ratio = 0.3743
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average Shikun Binui is performing at about 29% 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 Shikun Binui by adding it to a well-diversified portfolio.
Shikun Binui Valuation on December 11, 2024
It is possible to determine the worth of Shikun Binui on a given historical date. On December 11, 2024 Shikun was worth 1424.0 at the beginning of the trading date compared to the closed value of 1393.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shikun Binui stock. Still, in general, we apply an absolute valuation method to find Shikun Binui'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 Shikun Binui where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shikun Binui's related companies.
| Open | High | Low | Close | Volume | |
| 1,440 | 1,487 | 1,411 | 1,422 | 1,042,448 | |
12/11/2024 | 1,424 | 1,441 | 1,380 | 1,393 | 1,078,920 |
| 1,396 | 1,415 | 1,392 | 1,399 | 995,879 |
| Backtest Shikun Binui | | | Shikun Binui History | | | Shikun Binui Valuation | Previous | Next |
Shikun Binui Trading Date Momentum on December 11, 2024
| On December 12 2024 Shikun Binui was traded for 1,399 at the closing time. The highest price during the trading period was 1,415 and the lowest recorded bid was listed for 1,392 . The volume for the day was 995.9 K. This history from December 12, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.43% . The trading price change to the current price is 0.22% . |
Shikun Binui Fundamentals Correlations and Trends
By evaluating Shikun Binui'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 Shikun Binui's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shikun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shikun Binui Stock history
Shikun Binui 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 Shikun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shikun Binui 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 Shikun Binui stock prices may prove useful in developing a viable investing in Shikun Binui
Shikun Binui Ltd., together with its subsidiaries, engages in the infrastructure and construction, real estate development, concessions, energy, and other businesses in Israel and internationally. The company was founded in 1920 and is headquartered in Airport City, Israel. SHIKUN BINUI operates under Engineering Construction classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 9297 people.
Shikun Binui Stock Technical Analysis
Shikun Binui 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
Shikun Binui Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Shikun Binui 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.
Shikun Binui December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Shikun Binui stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shikun Binui shares will generate the highest return on investment. By undertsting and applying Shikun Binui stock market strength indicators, traders can identify Shikun Binui entry and exit signals to maximize returns
Shikun Binui Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shikun Binui's price direction in advance. Along with the technical and fundamental analysis of Shikun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shikun 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 | 0.2053 | |||
| Jensen Alpha | 0.8273 | |||
| Total Risk Alpha | 0.3874 | |||
| Sortino Ratio | 0.3094 | |||
| Treynor Ratio | (4.49) |
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Complementary Tools for Shikun Stock analysis
When running Shikun Binui's price analysis, check to measure Shikun Binui'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 Shikun Binui is operating at the current time. Most of Shikun Binui's value examination focuses on studying past and present price action to predict the probability of Shikun Binui's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shikun Binui's price. Additionally, you may evaluate how the addition of Shikun Binui to your portfolios can decrease your overall portfolio volatility.
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