Alrov Properties (Israel) Market Value
| ALRPR Stock | ILA 18,510 120.00 0.64% |
| Symbol | Alrov |
Alrov Properties '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 Alrov Properties' 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 Alrov Properties.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Alrov Properties on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Alrov Properties Lodgings or generate 0.0% return on investment in Alrov Properties over 30 days. Alrov Properties is related to or competes with Melisron, Fattal 1998, Azrieli, Clal Insurance, and Alony Hetz. Alrov Properties and Lodgings Ltd., a real estate company, invests in, develops, and operates real estate projects in Is... More
Alrov Properties 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 Alrov Properties' 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 Alrov Properties Lodgings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.2372 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 4.08 |
Alrov Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alrov Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alrov Properties' standard deviation. In reality, there are many statistical measures that can use Alrov Properties historical prices to predict the future Alrov Properties' volatility.| Risk Adjusted Performance | 0.2217 | |||
| Jensen Alpha | 0.4782 | |||
| Total Risk Alpha | 0.2759 | |||
| Sortino Ratio | 0.2936 | |||
| Treynor Ratio | 20.97 |
Alrov Properties Lodgings Backtested Returns
Alrov Properties appears to be very steady, given 3 months investment horizon. Alrov Properties Lodgings secures Sharpe Ratio (or Efficiency) of 0.51, which signifies that the company had a 0.51% return per unit of risk over the last 3 months. By analyzing Alrov Properties' technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of Alrov Properties' Mean Deviation of 1.18, risk adjusted performance of 0.2217, and Downside Deviation of 1.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alrov Properties holds a performance score of 40. The firm shows a Beta (market volatility) of 0.0229, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alrov Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Alrov Properties is expected to be smaller as well. Please check Alrov Properties' value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Alrov Properties' price patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Alrov Properties Lodgings has good predictability. Overlapping area represents the amount of predictability between Alrov Properties time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Alrov Properties Lodgings price movement. The serial correlation of 0.73 indicates that around 73.0% of current Alrov Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 741.9 K |
Alrov Properties Lodgings lagged returns against current returns
Autocorrelation, which is Alrov Properties 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 Alrov Properties' stock expected returns. We can calculate the autocorrelation of Alrov Properties returns to help us make a trade decision. For example, suppose you find that Alrov Properties 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 |
Alrov Properties 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 Alrov Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alrov Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alrov Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Alrov Properties Lagged Returns
When evaluating Alrov Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alrov Properties stock have on its future price. Alrov Properties 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, Alrov Properties autocorrelation shows the relationship between Alrov Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Alrov Properties Lodgings.
Regressed Prices |
| Timeline |
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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.Additional Tools for Alrov Stock Analysis
When running Alrov Properties' price analysis, check to measure Alrov Properties' 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 Alrov Properties is operating at the current time. Most of Alrov Properties' value examination focuses on studying past and present price action to predict the probability of Alrov Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alrov Properties' price. Additionally, you may evaluate how the addition of Alrov Properties to your portfolios can decrease your overall portfolio volatility.