Endymed (Israel) Market Value
| ENDY Stock | 295.00 1.00 0.34% |
| Symbol | Endymed |
Endymed '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 Endymed'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 Endymed.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Endymed on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Endymed or generate 0.0% return on investment in Endymed over 180 days. Endymed is related to or competes with Kamada, Teva Pharmaceutical, Tower Semiconductor, Elbit Systems, and Opko Health. Endymed Ltd, a medical technology company, designs, develops, and commercializes energy based medical aesthetic treatmen... More
Endymed 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 Endymed'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 Endymed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.42 | |||
| Information Ratio | 0.0397 | |||
| Maximum Drawdown | 48.06 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 4.11 |
Endymed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endymed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endymed's standard deviation. In reality, there are many statistical measures that can use Endymed historical prices to predict the future Endymed's volatility.| Risk Adjusted Performance | 0.0447 | |||
| Jensen Alpha | 0.261 | |||
| Total Risk Alpha | 0.0926 | |||
| Sortino Ratio | 0.0686 | |||
| Treynor Ratio | (1.49) |
Endymed Backtested Returns
Endymed appears to be very steady, given 3 months investment horizon. Endymed secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. By reviewing Endymed's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Endymed's Semi Deviation of 2.71, downside deviation of 3.42, and Mean Deviation of 2.58 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Endymed holds a performance score of 9. The firm shows a Beta (market volatility) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Endymed are expected to decrease at a much lower rate. During the bear market, Endymed is likely to outperform the market. Please check Endymed's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Endymed's price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Endymed has very good reverse predictability. Overlapping area represents the amount of predictability between Endymed time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Endymed price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Endymed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1817.85 |
Endymed lagged returns against current returns
Autocorrelation, which is Endymed 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 Endymed's stock expected returns. We can calculate the autocorrelation of Endymed returns to help us make a trade decision. For example, suppose you find that Endymed 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 |
Endymed 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 Endymed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endymed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endymed stock over time.
Current vs Lagged Prices |
| Timeline |
Endymed Lagged Returns
When evaluating Endymed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endymed stock have on its future price. Endymed 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, Endymed autocorrelation shows the relationship between Endymed stock current value and its past values and can show if there is a momentum factor associated with investing in Endymed.
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 Endymed Stock
Endymed financial ratios help investors to determine whether Endymed 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 Endymed with respect to the benefits of owning Endymed security.