Kafrit (Israel) Market Value
| KAFR Stock | ILA 2,571 107.00 4.00% |
| Symbol | Kafrit |
Kafrit '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 Kafrit'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 Kafrit.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Kafrit on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Kafrit or generate 0.0% return on investment in Kafrit over 720 days. Kafrit is related to or competes with Palram, Rimoni, Klil Industries, Neto ME, and Mendelson Infrastructures. Kafrit Industries Ltd develops, manufactures, and sells customized masterbatches and compounds for the plastic industry ... More
Kafrit 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 Kafrit'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 Kafrit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.134 | |||
| Maximum Drawdown | 17.04 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.57 |
Kafrit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kafrit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kafrit's standard deviation. In reality, there are many statistical measures that can use Kafrit historical prices to predict the future Kafrit's volatility.| Risk Adjusted Performance | 0.1385 | |||
| Jensen Alpha | 0.4016 | |||
| Total Risk Alpha | 0.0872 | |||
| Sortino Ratio | 0.1752 | |||
| Treynor Ratio | 2.43 |
Kafrit Backtested Returns
At this point, Kafrit is very steady. Kafrit has Sharpe Ratio of 0.0951, which conveys that the firm had a 0.0951% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kafrit, which you can use to evaluate the volatility of the firm. Please verify Kafrit's Downside Deviation of 1.81, mean deviation of 1.48, and Risk Adjusted Performance of 0.1385 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Kafrit has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kafrit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kafrit is expected to be smaller as well. Kafrit right now secures a risk of 1.96%. Please verify Kafrit standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Kafrit will be following its current price movements.
Auto-correlation | -0.68 |
Very good reverse predictability
Kafrit has very good reverse predictability. Overlapping area represents the amount of predictability between Kafrit time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 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 Kafrit price movement. The serial correlation of -0.68 indicates that around 68.0% of current Kafrit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 190.6 K |
Kafrit lagged returns against current returns
Autocorrelation, which is Kafrit 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 Kafrit's stock expected returns. We can calculate the autocorrelation of Kafrit returns to help us make a trade decision. For example, suppose you find that Kafrit 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 |
Kafrit 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 Kafrit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kafrit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kafrit stock over time.
Current vs Lagged Prices |
| Timeline |
Kafrit Lagged Returns
When evaluating Kafrit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kafrit stock have on its future price. Kafrit 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, Kafrit autocorrelation shows the relationship between Kafrit stock current value and its past values and can show if there is a momentum factor associated with investing in Kafrit.
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 Kafrit Stock
Kafrit financial ratios help investors to determine whether Kafrit 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 Kafrit with respect to the benefits of owning Kafrit security.