Satcom Systems (Israel) Market Value
| STCM Stock | ILS 75.90 1.00 1.34% |
| Symbol | Satcom |
Satcom Systems '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 Satcom Systems' 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 Satcom Systems.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Satcom Systems on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Satcom Systems or generate 0.0% return on investment in Satcom Systems over 720 days. Satcom Systems is related to or competes with Aquarius Engines, BioLight Life, Infimer, GP Global, Wilk Technologies, Apollo Power, and Priortech. Satcom Systems, Ltd. provides satellite and fiber-based connectivity solutions in Africa, Asia, and the Middle East More
Satcom Systems 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 Satcom Systems' 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 Satcom Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.1311 | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 6.31 |
Satcom Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satcom Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satcom Systems' standard deviation. In reality, there are many statistical measures that can use Satcom Systems historical prices to predict the future Satcom Systems' volatility.| Risk Adjusted Performance | 0.1244 | |||
| Jensen Alpha | 0.4494 | |||
| Total Risk Alpha | 0.2891 | |||
| Sortino Ratio | 0.2169 | |||
| Treynor Ratio | (0.42) |
Satcom Systems Backtested Returns
Satcom Systems appears to be very steady, given 3 months investment horizon. Satcom Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Satcom Systems' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Satcom Systems' Semi Deviation of 1.51, risk adjusted performance of 0.1244, and Coefficient Of Variation of 682.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Satcom Systems holds a performance score of 17. The entity has a beta of -0.98, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Satcom Systems are expected to decrease slowly. On the other hand, during market turmoil, Satcom Systems is expected to outperform it slightly. Please check Satcom Systems' treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Satcom Systems' existing price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Satcom Systems has below average predictability. Overlapping area represents the amount of predictability between Satcom Systems time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 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 Satcom Systems price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Satcom Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 99.55 |
Satcom Systems lagged returns against current returns
Autocorrelation, which is Satcom Systems 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 Satcom Systems' stock expected returns. We can calculate the autocorrelation of Satcom Systems returns to help us make a trade decision. For example, suppose you find that Satcom Systems 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 |
Satcom Systems 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 Satcom Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satcom Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satcom Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Satcom Systems Lagged Returns
When evaluating Satcom Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satcom Systems stock have on its future price. Satcom Systems 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, Satcom Systems autocorrelation shows the relationship between Satcom Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Satcom Systems.
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 Satcom Stock
Satcom Systems financial ratios help investors to determine whether Satcom 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 Satcom with respect to the benefits of owning Satcom Systems security.