C Mer (Israel) Market Value
| CMER Stock | ILA 2,660 27.00 1.00% |
| Symbol | CMER |
C Mer '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 C Mer'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 C Mer.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in C Mer on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding C Mer Industries or generate 0.0% return on investment in C Mer over 30 days. C Mer is related to or competes with G Willi, Polyram Plastic, ICL Israel, Terminal X, Blender Financial, Tower Semiconductor, and IDI Insurance. Mer Industries Ltd. engages in the consults, engineers, develops, manufactures, integrates, and implements technology ba... More
C Mer 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 C Mer'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 C Mer Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.06 | |||
| Information Ratio | 0.2136 | |||
| Maximum Drawdown | 21.72 | |||
| Value At Risk | (4.99) | |||
| Potential Upside | 7.85 |
C Mer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for C Mer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as C Mer's standard deviation. In reality, there are many statistical measures that can use C Mer historical prices to predict the future C Mer's volatility.| Risk Adjusted Performance | 0.1813 | |||
| Jensen Alpha | 0.9449 | |||
| Total Risk Alpha | 0.4457 | |||
| Sortino Ratio | 0.2097 | |||
| Treynor Ratio | (20.06) |
C Mer Industries Backtested Returns
C Mer is very steady given 3 months investment horizon. C Mer 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. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use C Mer Mean Deviation of 2.8, coefficient of variation of 418.91, and Semi Deviation of 3.25 to evaluate company specific risk that cannot be diversified away. C Mer holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0469, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning C Mer are expected to decrease at a much lower rate. During the bear market, C Mer is likely to outperform the market. Use C Mer coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to analyze future returns on C Mer.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
C Mer Industries has almost perfect reverse predictability. Overlapping area represents the amount of predictability between C Mer time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 C Mer Industries price movement. The serial correlation of -0.72 indicates that around 72.0% of current C Mer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 32.4 K |
C Mer Industries lagged returns against current returns
Autocorrelation, which is C Mer 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 C Mer's stock expected returns. We can calculate the autocorrelation of C Mer returns to help us make a trade decision. For example, suppose you find that C Mer 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 |
C Mer 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 C Mer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if C Mer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in C Mer stock over time.
Current vs Lagged Prices |
| Timeline |
C Mer Lagged Returns
When evaluating C Mer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of C Mer stock have on its future price. C Mer 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, C Mer autocorrelation shows the relationship between C Mer stock current value and its past values and can show if there is a momentum factor associated with investing in C Mer 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 CMER Stock
C Mer financial ratios help investors to determine whether CMER 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 CMER with respect to the benefits of owning C Mer security.