Kardan Real (Israel) Market Value
| KARE Stock | ILA 546.60 2.60 0.48% |
| Symbol | Kardan |
Kardan Real '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 Kardan Real'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 Kardan Real.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Kardan Real on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Kardan Real Estate or generate 0.0% return on investment in Kardan Real over 180 days. Kardan Real is related to or competes with Azrieli, Delek, Shikun Binui, and Israel Discount. Kardan Real Estate Enterprise and Development Ltd More
Kardan Real 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 Kardan Real'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 Kardan Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1467 | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 4.49 |
Kardan Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kardan Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kardan Real's standard deviation. In reality, there are many statistical measures that can use Kardan Real historical prices to predict the future Kardan Real's volatility.| Risk Adjusted Performance | 0.1406 | |||
| Jensen Alpha | 0.3368 | |||
| Total Risk Alpha | 0.2497 | |||
| Sortino Ratio | 0.1489 | |||
| Treynor Ratio | 3.45 |
Kardan Real Estate Backtested Returns
Kardan Real appears to be very steady, given 3 months investment horizon. Kardan Real Estate has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kardan Real, which you can use to evaluate the volatility of the firm. Please exercise Kardan Real's Mean Deviation of 1.46, downside deviation of 2.05, and Risk Adjusted Performance of 0.1406 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kardan Real holds a performance score of 14. The company secures a Beta (Market Risk) of 0.0986, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kardan Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kardan Real is expected to be smaller as well. Please check Kardan Real's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Kardan Real's current price movements will revert.
Auto-correlation | 0.33 |
Below average predictability
Kardan Real Estate has below average predictability. Overlapping area represents the amount of predictability between Kardan Real time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Kardan Real Estate price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Kardan Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1807.45 |
Kardan Real Estate lagged returns against current returns
Autocorrelation, which is Kardan Real 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 Kardan Real's stock expected returns. We can calculate the autocorrelation of Kardan Real returns to help us make a trade decision. For example, suppose you find that Kardan Real 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 |
Kardan Real 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 Kardan Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kardan Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kardan Real stock over time.
Current vs Lagged Prices |
| Timeline |
Kardan Real Lagged Returns
When evaluating Kardan Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kardan Real stock have on its future price. Kardan Real 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, Kardan Real autocorrelation shows the relationship between Kardan Real stock current value and its past values and can show if there is a momentum factor associated with investing in Kardan Real Estate.
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 Kardan Stock
Kardan Real financial ratios help investors to determine whether Kardan 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 Kardan with respect to the benefits of owning Kardan Real security.