Axilion Smart (Israel) Market Value
| AILN Stock | ILA 49.30 3.50 7.64% |
| Symbol | Axilion |
Axilion Smart 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Axilion Smart's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Axilion Smart.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Axilion Smart on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Axilion Smart Mobility or generate 0.0% return on investment in Axilion Smart over 30 days. Axilion Smart is related to or competes with Quicklizard, Razor Labs, Elco, Kardan Real, Paz Oil, Tower Semiconductor, and Golan Plastic. Axilion Smart Mobility Ltd provides data services to the enterprise, consumer, and public sector markets in Africa More
Axilion Smart Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Axilion Smart's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Axilion Smart Mobility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.0221 | |||
| Maximum Drawdown | 47.18 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 5.78 |
Axilion Smart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axilion Smart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axilion Smart's standard deviation. In reality, there are many statistical measures that can use Axilion Smart historical prices to predict the future Axilion Smart's volatility.| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | 0.1886 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | (0.07) |
Axilion Smart Mobility Backtested Returns
Axilion Smart appears to be not too volatile, given 3 months investment horizon. Axilion Smart Mobility secures Sharpe Ratio (or Efficiency) of 0.0539, which signifies that the company had a 0.0539% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Axilion Smart Mobility, which you can use to evaluate the volatility of the firm. Please makes use of Axilion Smart's Mean Deviation of 2.77, risk adjusted performance of 0.0309, and Downside Deviation of 3.16 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Axilion Smart holds a performance score of 4. The firm shows a Beta (market volatility) of -1.97, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Axilion Smart are expected to decrease by larger amounts. On the other hand, during market turmoil, Axilion Smart is expected to outperform it. Please check Axilion Smart's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Axilion Smart's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Axilion Smart Mobility has modest reverse predictability. Overlapping area represents the amount of predictability between Axilion Smart time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Axilion Smart Mobility price movement. The serial correlation of -0.48 indicates that about 48.0% of current Axilion Smart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
Axilion Smart Mobility lagged returns against current returns
Autocorrelation, which is Axilion Smart stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Axilion Smart's stock expected returns. We can calculate the autocorrelation of Axilion Smart returns to help us make a trade decision. For example, suppose you find that Axilion Smart has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Axilion Smart regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Axilion Smart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axilion Smart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axilion Smart stock over time.
Current vs Lagged Prices |
| Timeline |
Axilion Smart Lagged Returns
When evaluating Axilion Smart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axilion Smart stock have on its future price. Axilion Smart autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Axilion Smart autocorrelation shows the relationship between Axilion Smart stock current value and its past values and can show if there is a momentum factor associated with investing in Axilion Smart Mobility.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Axilion Stock
Axilion Smart financial ratios help investors to determine whether Axilion Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axilion with respect to the benefits of owning Axilion Smart security.