Petrochemical (Israel) Today

PTCH Stock  ILS 296.30  3.60  1.20%   

Performance

2 of 100

 
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Weak

Odds Of Distress

Less than 45

 
100  
 
Zero
Below Average
Petrochemical is trading at 296.30 as of the 28th of March 2024, a -1.2 percent down since the beginning of the trading day. The stock's open price was 299.9. Petrochemical has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Petrochemical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Israel Petrochemical Enterprises Ltd., together with its subsidiaries, operates in the energy and petrochemical industry worldwide. Israel Petrochemical Enterprises Ltd. is a subsidiary of Alverstone Ltd. ISRAEL PETROCHEMIC is traded on Tel Aviv Stock Exchange in Israel. The company has 5.65 M outstanding shares. More on Petrochemical

Moving together with Petrochemical Stock

  0.62NICE NicePairCorr

Moving against Petrochemical Stock

  0.61ORA Ormat TechnologiesPairCorr
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Petrochemical Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Petrochemical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Petrochemical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOEran Schwartz
Thematic IdeaSynthetics (View all Themes)
Business ConcentrationSynthetics, Chemicals, Basic Materials (View all Sectors)
Petrochemical (PTCH) is traded on Tel Aviv Stock Exchange in Israel and employs 1,341 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Petrochemical's market, we take the total number of its shares issued and multiply it by Petrochemical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Petrochemical operates under Basic Materials sector and is part of Chemicals industry. The entity has 5.65 M outstanding shares. Petrochemical has accumulated about 271 K in cash with (499 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Petrochemical Probability Of Bankruptcy
Ownership Allocation
Petrochemical has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months.
Check Petrochemical Ownership Details

Petrochemical Stock Price Odds Analysis

What are Petrochemical's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Petrochemical jumping above the current price in 90 days from now is about 44.12%. The Petrochemical probability density function shows the probability of Petrochemical stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Petrochemical has a beta of -0.2655 indicating as returns on benchmark increase, returns on holding Petrochemical are expected to decrease at a much lower rate. During the bear market, however, Petrochemical is likely to outperform the market. Additionally, petrochemical has an alpha of 0.0929, implying that it can generate a 0.0929 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 296.3HorizonTargetOdds Above 296.3
55.57%90 days
 296.30 
44.12%
Based on a normal probability distribution, the odds of Petrochemical to move above the current price in 90 days from now is about 44.12 (This Petrochemical probability density function shows the probability of Petrochemical Stock to fall within a particular range of prices over 90 days) .

Petrochemical Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Petrochemical market risk premium is the additional return an investor will receive from holding Petrochemical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Petrochemical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Petrochemical's alpha and beta are two of the key measurements used to evaluate Petrochemical's performance over the market, the standard measures of volatility play an important role as well.

Petrochemical Stock Against Markets

Picking the right benchmark for Petrochemical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Petrochemical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Petrochemical is critical whether you are bullish or bearish towards Petrochemical at a given time. Please also check how Petrochemical's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Petrochemical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Petrochemical Corporate Directors

Petrochemical corporate directors refer to members of a Petrochemical board of directors. The board of directors generally takes responsibility for the Petrochemical's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Petrochemical's board members must vote for the resolution. The Petrochemical board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Arie ZeifDirectorProfile
Neomi EnochExternal Independent DirectorProfile
Shimon HefetzExternal DirectorProfile
Shalom SingerDirectorProfile

How to buy Petrochemical Stock?

Before investing in Petrochemical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Petrochemical. To buy Petrochemical stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Petrochemical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Petrochemical stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Petrochemical stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Petrochemical stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Petrochemical, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Petrochemical?

The danger of trading Petrochemical is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Petrochemical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Petrochemical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Petrochemical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrochemical. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Petrochemical Stock analysis

When running Petrochemical's price analysis, check to measure Petrochemical'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 Petrochemical is operating at the current time. Most of Petrochemical's value examination focuses on studying past and present price action to predict the probability of Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrochemical's price. Additionally, you may evaluate how the addition of Petrochemical to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Petrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petrochemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.