Al Bad (Israel) Market Value
| ALBA Stock | ILS 1,790 50.00 2.72% |
| Symbol | ALBA |
Al Bad '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 Al Bad'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 Al Bad.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Al Bad on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Al Bad Massuot Yitzhak or generate 0.0% return on investment in Al Bad over 30 days. Al Bad is related to or competes with Alony Hetz, Shufersal, Delek Automotive, Tiv Taam, and Rami Levi. Albaad Massuot Yitzhak Ltd produces and sells wipes worldwide More
Al Bad 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 Al Bad'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 Al Bad Massuot Yitzhak upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.1482 | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 5.56 |
Al Bad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Al Bad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Al Bad's standard deviation. In reality, there are many statistical measures that can use Al Bad historical prices to predict the future Al Bad's volatility.| Risk Adjusted Performance | 0.1483 | |||
| Jensen Alpha | 0.5086 | |||
| Total Risk Alpha | 0.0873 | |||
| Sortino Ratio | 0.1871 | |||
| Treynor Ratio | (50.24) |
Al Bad Massuot Backtested Returns
Al Bad appears to be very steady, given 3 months investment horizon. Al Bad Massuot retains Efficiency (Sharpe Ratio) of 0.18, which signifies that the company had a 0.18% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Al Bad, which you can use to evaluate the volatility of the firm. Please makes use of Al Bad's Market Risk Adjusted Performance of (50.23), standard deviation of 2.65, and Coefficient Of Variation of 512.36 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Al Bad holds a performance score of 14. The firm owns a Beta (Systematic Risk) of -0.0101, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Al Bad are expected to decrease at a much lower rate. During the bear market, Al Bad is likely to outperform the market. Please check Al Bad's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Al Bad's current price history will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Al Bad Massuot Yitzhak has insignificant reverse predictability. Overlapping area represents the amount of predictability between Al Bad time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Al Bad Massuot price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Al Bad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2269.44 |
Al Bad Massuot lagged returns against current returns
Autocorrelation, which is Al Bad 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 Al Bad's stock expected returns. We can calculate the autocorrelation of Al Bad returns to help us make a trade decision. For example, suppose you find that Al Bad 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 |
Al Bad 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 Al Bad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Al Bad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Al Bad stock over time.
Current vs Lagged Prices |
| Timeline |
Al Bad Lagged Returns
When evaluating Al Bad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Al Bad stock have on its future price. Al Bad 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, Al Bad autocorrelation shows the relationship between Al Bad stock current value and its past values and can show if there is a momentum factor associated with investing in Al Bad Massuot Yitzhak.
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 ALBA Stock
Al Bad financial ratios help investors to determine whether ALBA 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 ALBA with respect to the benefits of owning Al Bad security.