Black Sea (Israel) Market Value
| BSP Stock | ILS 550.00 38.00 6.46% |
| Symbol | Black |
Black Sea '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 Black Sea'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 Black Sea.
| 06/16/2024 |
| 12/13/2024 |
If you would invest 0.00 in Black Sea on June 16, 2024 and sell it all today you would earn a total of 0.00 from holding Black Sea Property or generate 0.0% return on investment in Black Sea over 180 days. Black Sea is related to or competes with Nice, Gold Bond, Bank Leumi, ICL Israel, Mizrahi Tefahot, Azrieli, and Elbit Systems. BSP - Biological Signal Processing Ltd., a technological company, develops and markets solutions for the non-invasive di... More
Black Sea 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 Black Sea'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 Black Sea Property upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 20.11 | |||
| Value At Risk | (7.03) | |||
| Potential Upside | 6.73 |
Black Sea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Sea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Sea's standard deviation. In reality, there are many statistical measures that can use Black Sea historical prices to predict the future Black Sea's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.37) |
Black Sea Property Backtested Returns
Black Sea Property secures Sharpe Ratio (or Efficiency) of -0.0213, which signifies that the company had a -0.0213% return per unit of standard deviation over the last 3 months. Black Sea Property exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Black Sea's risk adjusted performance of (0.06), and Mean Deviation of 3.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.17, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Black Sea will likely underperform. At this point, Black Sea Property has a negative expected return of -0.0802%. Please make sure to confirm Black Sea's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Black Sea Property performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Black Sea Property has below average predictability. Overlapping area represents the amount of predictability between Black Sea time series from 16th of June 2024 to 14th of September 2024 and 14th of September 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 Black Sea Property price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Black Sea price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 774.33 |
Black Sea Property lagged returns against current returns
Autocorrelation, which is Black Sea 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 Black Sea's stock expected returns. We can calculate the autocorrelation of Black Sea returns to help us make a trade decision. For example, suppose you find that Black Sea 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 |
Black Sea 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 Black Sea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Sea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Sea stock over time.
Current vs Lagged Prices |
| Timeline |
Black Sea Lagged Returns
When evaluating Black Sea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Sea stock have on its future price. Black Sea 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, Black Sea autocorrelation shows the relationship between Black Sea stock current value and its past values and can show if there is a momentum factor associated with investing in Black Sea Property.
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 Black Stock
Black Sea financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Sea security.