Aura Investments (Israel) Market Value
| AURA Stock | ILA 1,982 38.00 1.95% |
| Symbol | Aura |
Aura Investments '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 Aura Investments' 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 Aura Investments.
| 09/17/2024 |
| 12/16/2024 |
If you would invest 0.00 in Aura Investments on September 17, 2024 and sell it all today you would earn a total of 0.00 from holding Aura Investments or generate 0.0% return on investment in Aura Investments over 90 days. Aura Investments is related to or competes with Isras Investment, Sella Real, Harel Insurance, B Communications, Photomyne, M Yochananof, and Clal Biotechnology. Aura Investments Ltd. engages in the planning and establishing of real estate projects in Israel More
Aura Investments 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 Aura Investments' 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 Aura Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1701 | |||
| Maximum Drawdown | 11.76 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 4.48 |
Aura Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aura Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aura Investments' standard deviation. In reality, there are many statistical measures that can use Aura Investments historical prices to predict the future Aura Investments' volatility.| Risk Adjusted Performance | 0.1547 | |||
| Jensen Alpha | 0.4989 | |||
| Total Risk Alpha | 0.2386 | |||
| Sortino Ratio | 0.2059 | |||
| Treynor Ratio | (33.86) |
Aura Investments Backtested Returns
Aura Investments appears to be very steady, given 3 months investment horizon. Aura Investments secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Aura Investments' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Aura Investments' Mean Deviation of 2.02, risk adjusted performance of 0.1547, and Downside Deviation of 2.05 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aura Investments holds a performance score of 19. The firm shows a Beta (market volatility) of -0.0147, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aura Investments are expected to decrease at a much lower rate. During the bear market, Aura Investments is likely to outperform the market. Please check Aura Investments' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Aura Investments' price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Aura Investments has good predictability. Overlapping area represents the amount of predictability between Aura Investments time series from 17th of September 2024 to 1st of November 2024 and 1st of November 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 Aura Investments price movement. The serial correlation of 0.7 indicates that around 70.0% of current Aura Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 2516.04 |
Aura Investments lagged returns against current returns
Autocorrelation, which is Aura Investments 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 Aura Investments' stock expected returns. We can calculate the autocorrelation of Aura Investments returns to help us make a trade decision. For example, suppose you find that Aura Investments 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 |
Aura Investments 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 Aura Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aura Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aura Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Aura Investments Lagged Returns
When evaluating Aura Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aura Investments stock have on its future price. Aura Investments 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, Aura Investments autocorrelation shows the relationship between Aura Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Aura Investments.
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 Aura Stock
Aura Investments financial ratios help investors to determine whether Aura 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 Aura with respect to the benefits of owning Aura Investments security.