Tectona (Israel) Price on September 19, 2024
| TECT Stock | 458.60 12.50 2.65% |
If you're considering investing in Tectona Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tectona stands at 458.60, as last reported on the 23rd of January, with the highest price reaching 471.00 and the lowest price hitting 455.00 during the day. At this point, Tectona is very steady. Tectona owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0188, which indicates the firm had a 0.0188 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Tectona, which you can use to evaluate the volatility of the company. Please validate Tectona's Risk Adjusted Performance of 0.0242, coefficient of variation of 5307.22, and Semi Deviation of 4.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0957%.
Tectona Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tectona |
Sharpe Ratio = 0.0188
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | TECT | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tectona is performing at about 1% 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 Tectona by adding it to a well-diversified portfolio.
Tectona Valuation on September 19, 2024
It is possible to determine the worth of Tectona on a given historical date. On September 19, 2024 Tectona was worth 420.0 at the beginning of the trading date compared to the closed value of 434.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tectona stock. Still, in general, we apply an absolute valuation method to find Tectona'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 Tectona where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tectona's related companies.
| Open | High | Low | Close | Volume | |
| 395.00 | 425.00 | 395.00 | 406.50 | 499,405 | |
09/19/2024 | 420.00 | 445.00 | 415.50 | 434.00 | 582,792 |
| 397.00 | 398.60 | 377.00 | 378.90 | 72,943 |
| Backtest Tectona | | | Tectona History | Previous | Next |
Tectona Trading Date Momentum on September 19, 2024
| On September 23 2024 Tectona was traded for 378.90 at the closing time. The highest price during the trading period was 398.60 and the lowest recorded bid was listed for 377.00 . The volume for the day was 72.9 K. This history from September 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 12.70% . The trading price change to the current price is 11.57% . |
Price Boundaries
Tectona Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Tectona 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.
Tectona January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Tectona stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tectona shares will generate the highest return on investment. By undertsting and applying Tectona stock market strength indicators, traders can identify Tectona entry and exit signals to maximize returns
Tectona Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tectona's price direction in advance. Along with the technical and fundamental analysis of Tectona Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tectona 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 | 0.0242 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0147 | |||
| Treynor Ratio | (0.09) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tectona Stock analysis
When running Tectona's price analysis, check to measure Tectona'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 Tectona is operating at the current time. Most of Tectona's value examination focuses on studying past and present price action to predict the probability of Tectona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectona's price. Additionally, you may evaluate how the addition of Tectona to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |