Sano Brunos (Israel) Market Value
| SANO1 Stock | 36,140 100.00 0.28% |
| Symbol | Sano |
Sano Brunos '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 Sano Brunos' 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 Sano Brunos.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Sano Brunos on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Sano Brunos Enterprises or generate 0.0% return on investment in Sano Brunos over 30 days. Sano Brunos is related to or competes with Rami Levi, Neto ME, Strauss, and Al Bad. Sano Brunos Enterprises Ltd manufactures and sells laundry products, home care products, cleaning and hygiene products, ... More
Sano Brunos 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 Sano Brunos' 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 Sano Brunos Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9981 | |||
| Information Ratio | 0.1993 | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 2.79 |
Sano Brunos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sano Brunos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sano Brunos' standard deviation. In reality, there are many statistical measures that can use Sano Brunos historical prices to predict the future Sano Brunos' volatility.| Risk Adjusted Performance | 0.2062 | |||
| Jensen Alpha | 0.2992 | |||
| Total Risk Alpha | 0.1848 | |||
| Sortino Ratio | 0.2521 | |||
| Treynor Ratio | 0.724 |
Sano Brunos Enterprises Backtested Returns
Sano Brunos appears to be very steady, given 3 months investment horizon. Sano Brunos Enterprises owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sano Brunos Enterprises, which you can use to evaluate the volatility of the company. Please review Sano Brunos' Semi Deviation of 0.4764, coefficient of variation of 359.01, and Risk Adjusted Performance of 0.2062 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sano Brunos holds a performance score of 26. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sano Brunos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sano Brunos is expected to be smaller as well. Please check Sano Brunos' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sano Brunos' existing price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Sano Brunos Enterprises has good predictability. Overlapping area represents the amount of predictability between Sano Brunos 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 Sano Brunos Enterprises price movement. The serial correlation of 0.68 indicates that around 68.0% of current Sano Brunos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 635 K |
Sano Brunos Enterprises lagged returns against current returns
Autocorrelation, which is Sano Brunos 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 Sano Brunos' stock expected returns. We can calculate the autocorrelation of Sano Brunos returns to help us make a trade decision. For example, suppose you find that Sano Brunos 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 |
Sano Brunos 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 Sano Brunos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sano Brunos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sano Brunos stock over time.
Current vs Lagged Prices |
| Timeline |
Sano Brunos Lagged Returns
When evaluating Sano Brunos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sano Brunos stock have on its future price. Sano Brunos 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, Sano Brunos autocorrelation shows the relationship between Sano Brunos stock current value and its past values and can show if there is a momentum factor associated with investing in Sano Brunos Enterprises.
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.Additional Tools for Sano Stock Analysis
When running Sano Brunos' price analysis, check to measure Sano Brunos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sano Brunos is operating at the current time. Most of Sano Brunos' value examination focuses on studying past and present price action to predict the probability of Sano Brunos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sano Brunos' price. Additionally, you may evaluate how the addition of Sano Brunos to your portfolios can decrease your overall portfolio volatility.