Senvest Capital Stock Market Value
| SEC Stock | CAD 345.00 6.00 1.77% |
| Symbol | Senvest |
Senvest Capital Price To Book Ratio
Senvest Capital '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 Senvest Capital'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 Senvest Capital.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Senvest Capital on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Senvest Capital or generate 0.0% return on investment in Senvest Capital over 30 days. Senvest Capital is related to or competes with CNJ Capital, Verizon Communications, Totally Hip, Highwood Asset, and Quisitive Technology. Senvest Capital Inc., through its subsidiaries, holds investments in equity and real estate holdings primarily in the Un... More
Senvest Capital 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 Senvest Capital'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 Senvest Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.54 |
Senvest Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senvest Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senvest Capital's standard deviation. In reality, there are many statistical measures that can use Senvest Capital historical prices to predict the future Senvest Capital's volatility.| Risk Adjusted Performance | 0.0278 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.1867 |
Senvest Capital Backtested Returns
As of now, Senvest Stock is very steady. Senvest Capital owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Senvest Capital, which you can use to evaluate the volatility of the company. Please validate Senvest Capital's Variance of 0.3558, risk adjusted performance of 0.0278, and Coefficient Of Variation of 2498.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.0602%. Senvest Capital has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.0743, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Senvest Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Senvest Capital is expected to be smaller as well. Senvest Capital right now has a risk of 0.53%. Please validate Senvest Capital accumulation distribution, and the relationship between the potential upside and day median price , to decide if Senvest Capital will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Senvest Capital has no correlation between past and present. Overlapping area represents the amount of predictability between Senvest Capital time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Senvest Capital price movement. The serial correlation of 0.0 indicates that just 0.0% of current Senvest Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 45.97 |
Senvest Capital lagged returns against current returns
Autocorrelation, which is Senvest Capital 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 Senvest Capital's stock expected returns. We can calculate the autocorrelation of Senvest Capital returns to help us make a trade decision. For example, suppose you find that Senvest Capital 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 |
Senvest Capital 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 Senvest Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senvest Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senvest Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Senvest Capital Lagged Returns
When evaluating Senvest Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senvest Capital stock have on its future price. Senvest Capital 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, Senvest Capital autocorrelation shows the relationship between Senvest Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Senvest Capital.
Regressed Prices |
| Timeline |
Pair Trading with Senvest Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Senvest Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Senvest Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Senvest Stock
| 0.46 | SPPP | Sprott Physical Platinum | PairCorr |
| 0.44 | BBD-B | Bombardier | PairCorr |
| 0.43 | PSLV | Sprott Physical Silver | PairCorr |
| 0.42 | CEF | Sprott Physical Gold | PairCorr |
| 0.4 | PHYS | Sprott Physical Gold | PairCorr |
The ability to find closely correlated positions to Senvest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senvest Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Senvest Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Senvest Capital to buy it.
The correlation of Senvest Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Senvest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senvest Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Senvest Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Senvest Stock
Senvest Capital financial ratios help investors to determine whether Senvest 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 Senvest with respect to the benefits of owning Senvest Capital security.