Trucknet Enterprise (Israel) Price on September 17, 2024
| TRAN Stock | ILA 119.70 11.30 10.42% |
If you're considering investing in Trucknet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trucknet Enterprise stands at 119.70, as last reported on the 5th of January, with the highest price reaching 123.90 and the lowest price hitting 116.20 during the day. Trucknet Enterprise appears to be very steady, given 3 months investment horizon. Trucknet Enterprise owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Trucknet Enterprise's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Trucknet Enterprise's Coefficient Of Variation of 1160.7, semi deviation of 3.07, and Risk Adjusted Performance of 0.078 to confirm if our risk estimates are consistent with your expectations.
Trucknet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trucknet |
Sharpe Ratio = 0.1595
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Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Trucknet Enterprise is performing at about 12% 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 Trucknet Enterprise by adding it to a well-diversified portfolio.
Trucknet Enterprise Valuation on September 17, 2024
It is possible to determine the worth of Trucknet Enterprise on a given historical date. On September 17, 2024 Trucknet was worth 92.4 at the beginning of the trading date compared to the closed value of 91.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trucknet Enterprise stock. Still, in general, we apply an absolute valuation method to find Trucknet Enterprise'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 Trucknet Enterprise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trucknet Enterprise's related companies.
| Open | High | Low | Close | Volume | |
| 97.50 | 97.50 | 91.00 | 92.40 | 25,226 | |
09/17/2024 | 92.40 | 96.50 | 90.00 | 91.60 | 21,000 |
| 96.50 | 96.50 | 90.00 | 91.60 | 9,865 |
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Trucknet Enterprise Trading Date Momentum on September 17, 2024
| On September 18 2024 Trucknet Enterprise was traded for 91.60 at the closing time. The highest price during the trading period was 96.50 and the lowest recorded bid was listed for 90.00 . The volume for the day was 9.9 K. This history from September 18, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.84% . |
Trucknet Enterprise Fundamentals Correlations and Trends
By evaluating Trucknet Enterprise'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 Trucknet Enterprise's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trucknet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trucknet Enterprise Stock history
Trucknet Enterprise 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 Trucknet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trucknet Enterprise 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 Trucknet Enterprise stock prices may prove useful in developing a viable investing in Trucknet Enterprise
Trucknet Enterprise Ltd develops cloud-based transport optimization platform for fleet management companies. The company was founded in 2016 and is based in Eilat, Israel. TRUCKNET ENTERPRIS is traded on Tel Aviv Stock Exchange in Israel.
Trucknet Enterprise Stock Technical Analysis
Trucknet Enterprise 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
Trucknet Enterprise Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Trucknet Enterprise 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.
Trucknet Enterprise January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Trucknet Enterprise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trucknet Enterprise shares will generate the highest return on investment. By undertsting and applying Trucknet Enterprise stock market strength indicators, traders can identify Trucknet Enterprise entry and exit signals to maximize returns
Trucknet Enterprise Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trucknet Enterprise's price direction in advance. Along with the technical and fundamental analysis of Trucknet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trucknet 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 | 0.078 | |||
| Jensen Alpha | 0.3424 | |||
| Total Risk Alpha | 0.2912 | |||
| Sortino Ratio | 0.0968 | |||
| Treynor Ratio | 0.3289 |
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Complementary Tools for Trucknet Stock analysis
When running Trucknet Enterprise's price analysis, check to measure Trucknet Enterprise'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 Trucknet Enterprise is operating at the current time. Most of Trucknet Enterprise's value examination focuses on studying past and present price action to predict the probability of Trucknet Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trucknet Enterprise's price. Additionally, you may evaluate how the addition of Trucknet Enterprise to your portfolios can decrease your overall portfolio volatility.
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