Doral Group (Israel) Market Value
| DORL Stock | ILA 1,229 7.00 0.57% |
| Symbol | Doral |
Doral Group '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 Doral Group'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 Doral Group.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Doral Group on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Doral Group Renewable or generate 0.0% return on investment in Doral Group over 30 days. Doral Group is related to or competes with Enlight Renewable, Energix Renewable, and HERBALIFE. Doral Group Renewable Energy Resources Ltd develops, finances, constructs, and maintains solar renewable energy faciliti... More
Doral Group 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 Doral Group'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 Doral Group Renewable upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 21.43 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 4.37 |
Doral Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doral Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doral Group's standard deviation. In reality, there are many statistical measures that can use Doral Group historical prices to predict the future Doral Group's volatility.| Risk Adjusted Performance | 0.0495 | |||
| Jensen Alpha | 0.1069 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0286 | |||
| Treynor Ratio | 0.2541 |
Doral Group Renewable Backtested Returns
Doral Group Renewable secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Doral Group Renewable exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doral Group's Downside Deviation of 2.64, mean deviation of 2.15, and Coefficient Of Variation of 1729.15 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Doral Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doral Group is expected to be smaller as well. At this point, Doral Group Renewable has a negative expected return of -0.28%. Please make sure to confirm Doral Group's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Doral Group Renewable performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Doral Group Renewable has poor reverse predictability. Overlapping area represents the amount of predictability between Doral Group time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Doral Group Renewable price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Doral Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 387.28 |
Doral Group Renewable lagged returns against current returns
Autocorrelation, which is Doral Group 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 Doral Group's stock expected returns. We can calculate the autocorrelation of Doral Group returns to help us make a trade decision. For example, suppose you find that Doral Group 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 |
Doral Group 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 Doral Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doral Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doral Group stock over time.
Current vs Lagged Prices |
| Timeline |
Doral Group Lagged Returns
When evaluating Doral Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doral Group stock have on its future price. Doral Group 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, Doral Group autocorrelation shows the relationship between Doral Group stock current value and its past values and can show if there is a momentum factor associated with investing in Doral Group Renewable.
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.Other Information on Investing in Doral Stock
Doral Group financial ratios help investors to determine whether Doral 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 Doral with respect to the benefits of owning Doral Group security.