Allmed Solutions (Israel) Price on February 15, 2024
| ALMD Stock | ILA 41.00 0.40 0.99% |
If you're considering investing in Allmed Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allmed Solutions stands at 41.00, as last reported on the 14th of May 2024, with the highest price reaching 41.90 and the lowest price hitting 40.50 during the day. Allmed Solutions secures Sharpe Ratio (or Efficiency) of -0.0613, which signifies that the company had a -0.0613% return per unit of risk over the last 3 months. Allmed Solutions exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allmed Solutions' Downside Deviation of 2.8, mean deviation of 1.77, and Risk Adjusted Performance of 0.0107 to double-check the risk estimate we provide.
Allmed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allmed |
Sharpe Ratio = -0.0613
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| Negative Returns | ALMD |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allmed Solutions is not performing at its full potential. However, 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 Allmed Solutions by adding Allmed Solutions to a well-diversified portfolio.
Allmed Solutions Valuation on February 15, 2024
It is possible to determine the worth of Allmed Solutions on a given historical date. On February 15, 2024 Allmed was worth 45.7 at the beginning of the trading date compared to the closed value of 43.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allmed Solutions stock. Still, in general, we apply an absolute valuation method to find Allmed Solutions' 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 Allmed Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allmed Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 43.90 | 44.00 | 43.90 | 44.00 | 8,600 | |
02/15/2024 | 45.70 | 45.70 | 40.50 | 43.70 | 148,936 |
| 44.90 | 44.90 | 42.00 | 44.40 | 27,959 |
| Backtest Allmed Solutions | | | Allmed Solutions History | | | Allmed Solutions Valuation | Previous | Next |
Allmed Solutions Trading Date Momentum on February 15, 2024
| On February 19 2024 Allmed Solutions was traded for 44.40 at the closing time. The highest price during the trading period was 44.90 and the lowest recorded bid was listed for 42.00 . The volume for the day was 28 K. This history from February 19, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.60% . The overall trading delta to the current price is 1.83% . |
Allmed Solutions Fundamentals Correlations and Trends
By evaluating Allmed Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allmed Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allmed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allmed Solutions Stock history
Allmed Solutions 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 Allmed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allmed Solutions 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 Allmed Solutions stock prices may prove useful in developing a viable investing in Allmed Solutions
Allium Medical Solutions Ltd., a medical device company, develops, manufactures, and markets minimally invasive products in Israel and internationally. Allium Medical Solutions Ltd. is headquartered in Caesarea, Israel. ALLMED SOLUTIONS operates under Medical Devices classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 40 people.
Allmed Solutions Stock Technical Analysis
Allmed Solutions 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
Allmed Solutions Period Price Range
Low | February 15, 2024
| High |
45.70 | 43.70 |
Allmed Solutions May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Allmed Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allmed Solutions shares will generate the highest return on investment. By undertsting and applying Allmed Solutions stock market strength indicators, traders can identify Allmed Solutions entry and exit signals to maximize returns
| Accumulation Distribution | 16946.77 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 43.1 | |||
| Day Typical Price | 43.3 | |||
| Price Action Indicator | (0.40) | |||
| Period Momentum Indicator | (2.70) |
Allmed Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allmed Solutions' price direction in advance. Along with the technical and fundamental analysis of Allmed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allmed 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 | 0.0107 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0062 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allmed Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Allmed Stock analysis
When running Allmed Solutions' price analysis, check to measure Allmed Solutions' 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 Allmed Solutions is operating at the current time. Most of Allmed Solutions' value examination focuses on studying past and present price action to predict the probability of Allmed Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allmed Solutions' price. Additionally, you may evaluate how the addition of Allmed Solutions to your portfolios can decrease your overall portfolio volatility.
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