Brill Shoe (Israel) Market Value
| BRIL Stock | ILS 2,300 51.00 2.27% |
| Symbol | Brill |
Brill Shoe '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 Brill Shoe'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 Brill Shoe.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Brill Shoe on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Brill Shoe Industries or generate 0.0% return on investment in Brill Shoe over 390 days. Brill Shoe is related to or competes with Gencell, Nextgen, Bonus Biogroup, and Fox Wizel. Brill Shoe Industries Ltd. engages in the design, manufacture, import, purchase, and retail marketing of shoes, clothing... More
Brill Shoe 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 Brill Shoe'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 Brill Shoe Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.72 | |||
| Information Ratio | 0.222 | |||
| Maximum Drawdown | 26.11 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 5.71 |
Brill Shoe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brill Shoe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brill Shoe's standard deviation. In reality, there are many statistical measures that can use Brill Shoe historical prices to predict the future Brill Shoe's volatility.| Risk Adjusted Performance | 0.1926 | |||
| Jensen Alpha | 0.915 | |||
| Total Risk Alpha | 0.3859 | |||
| Sortino Ratio | 0.2068 | |||
| Treynor Ratio | (2.07) |
Brill Shoe Industries Backtested Returns
Brill Shoe appears to be very steady, given 3 months investment horizon. Brill Shoe Industries secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Brill Shoe's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please makes use of Brill Shoe's Downside Deviation of 3.72, risk adjusted performance of 0.1926, and Mean Deviation of 2.35 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brill Shoe holds a performance score of 19. The firm shows a Beta (market volatility) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Brill Shoe are expected to decrease at a much lower rate. During the bear market, Brill Shoe is likely to outperform the market. Please check Brill Shoe's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Brill Shoe's price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Brill Shoe Industries has good predictability. Overlapping area represents the amount of predictability between Brill Shoe time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Brill Shoe Industries price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Brill Shoe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 111.1 K |
Brill Shoe Industries lagged returns against current returns
Autocorrelation, which is Brill Shoe 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 Brill Shoe's stock expected returns. We can calculate the autocorrelation of Brill Shoe returns to help us make a trade decision. For example, suppose you find that Brill Shoe 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 |
Brill Shoe 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 Brill Shoe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brill Shoe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brill Shoe stock over time.
Current vs Lagged Prices |
| Timeline |
Brill Shoe Lagged Returns
When evaluating Brill Shoe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brill Shoe stock have on its future price. Brill Shoe 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, Brill Shoe autocorrelation shows the relationship between Brill Shoe stock current value and its past values and can show if there is a momentum factor associated with investing in Brill Shoe Industries.
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 Brill Stock
Brill Shoe financial ratios help investors to determine whether Brill 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 Brill with respect to the benefits of owning Brill Shoe security.