Gilat Telecom (Israel) Market Value
| GLTL Stock | 68.90 0.20 0.29% |
| Symbol | Gilat |
Gilat Telecom '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 Gilat Telecom'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 Gilat Telecom.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Gilat Telecom on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Gilat Telecom Global or generate 0.0% return on investment in Gilat Telecom over 390 days. Gilat Telecom is related to or competes with Bezeq Israeli, Partner, Cellcom Israel, B Communications, Suny Cellular, Nextcom, and Space. More
Gilat Telecom 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 Gilat Telecom'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 Gilat Telecom Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0859 | |||
| Maximum Drawdown | 13.3 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 6.4 |
Gilat Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gilat Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gilat Telecom's standard deviation. In reality, there are many statistical measures that can use Gilat Telecom historical prices to predict the future Gilat Telecom's volatility.| Risk Adjusted Performance | 0.0997 | |||
| Jensen Alpha | 0.3699 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1382 | |||
| Treynor Ratio | (0.95) |
Gilat Telecom Global Backtested Returns
Gilat Telecom appears to be very steady, given 3 months investment horizon. Gilat Telecom Global holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Gilat Telecom's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Gilat Telecom's Downside Deviation of 1.68, market risk adjusted performance of (0.94), and Risk Adjusted Performance of 0.0997 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gilat Telecom holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gilat Telecom are expected to decrease at a much lower rate. During the bear market, Gilat Telecom is likely to outperform the market. Please check Gilat Telecom's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether Gilat Telecom's current trending patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Gilat Telecom Global has good predictability. Overlapping area represents the amount of predictability between Gilat Telecom 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 Gilat Telecom Global price movement. The serial correlation of 0.71 indicates that around 71.0% of current Gilat Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 31.11 |
Gilat Telecom Global lagged returns against current returns
Autocorrelation, which is Gilat Telecom 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 Gilat Telecom's stock expected returns. We can calculate the autocorrelation of Gilat Telecom returns to help us make a trade decision. For example, suppose you find that Gilat Telecom 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 |
Gilat Telecom 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 Gilat Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gilat Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gilat Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Gilat Telecom Lagged Returns
When evaluating Gilat Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gilat Telecom stock have on its future price. Gilat Telecom 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, Gilat Telecom autocorrelation shows the relationship between Gilat Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Gilat Telecom Global.
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 Gilat Stock
Gilat Telecom financial ratios help investors to determine whether Gilat 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 Gilat with respect to the benefits of owning Gilat Telecom security.