Tectona (Israel) Price on December 18, 2024
| TECT Stock | 499.20 5.50 1.11% |
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 499.20, as last reported on the 8th of January, with the highest price reaching 519.00 and the lowest price hitting 485.00 during the day. Tectona appears to be very steady, given 3 months investment horizon. Tectona owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Tectona's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review Tectona's Coefficient Of Variation of 1850.23, risk adjusted performance of 0.0522, and Semi Deviation of 4.19 to confirm if our risk estimates are consistent with your expectations.
Tectona Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tectona |
Sharpe Ratio = 0.1664
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Estimated Market Risk
| 5.67 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Tectona is performing at about 13% 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 December 18, 2024
It is possible to determine the worth of Tectona on a given historical date. On December 18, 2024 Tectona was worth 527.1 at the beginning of the trading date compared to the closed value of 502.6. 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 | |
| 537.20 | 540.00 | 517.00 | 527.10 | 209,217 | |
12/18/2024 | 527.10 | 529.00 | 499.80 | 502.60 | 109,840 |
| 490.00 | 510.00 | 469.80 | 482.90 | 253,139 |
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Tectona Trading Date Momentum on December 18, 2024
| On December 19 2024 Tectona was traded for 482.90 at the closing time. The highest price during the trading period was 510.00 and the lowest recorded bid was listed for 469.80 . The volume for the day was 253.1 K. This history from December 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.92% . The trading price change to the current price is 3.82% . |
Price Boundaries
Tectona Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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Tectona January 8, 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 | 0.0522 | |||
| Jensen Alpha | 0.2896 | |||
| Total Risk Alpha | 0.162 | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | (0.79) |
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| Math Transform | ||
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| 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.
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