Tadir Gan (Israel) Market Value
| TDGN Stock | 172.00 5.00 2.82% |
| Symbol | Tadir |
Tadir Gan '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 Tadir Gan'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 Tadir Gan.
| 10/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in Tadir Gan on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Tadir Gan 1993 or generate 0.0% return on investment in Tadir Gan over 60 days. Tadir Gan is related to or competes with Unicorn Technologies, Batm Advanced, Millennium Food, Mobile Max, Payment Financial, and B Communications. Tadir-Gan 1993 Ltd. manufactures and sells aluminum and magnesium high pressure die casting products for the automotive ... More
Tadir Gan 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 Tadir Gan'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 Tadir Gan 1993 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 21.08 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 7.78 |
Tadir Gan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tadir Gan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tadir Gan's standard deviation. In reality, there are many statistical measures that can use Tadir Gan historical prices to predict the future Tadir Gan's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.22) |
Tadir Gan 1993 Backtested Returns
Tadir Gan 1993 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0187, which indicates the firm had a -0.0187% return per unit of risk over the last 3 months. Tadir Gan 1993 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tadir Gan's Variance of 14.37, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,177) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tadir Gan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tadir Gan is expected to be smaller as well. At this point, Tadir Gan 1993 has a negative expected return of -0.068%. Please make sure to validate Tadir Gan's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Tadir Gan 1993 performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Tadir Gan 1993 has weak reverse predictability. Overlapping area represents the amount of predictability between Tadir Gan time series from 26th of October 2024 to 25th of November 2024 and 25th of November 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 Tadir Gan 1993 price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Tadir Gan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 38.9 |
Tadir Gan 1993 lagged returns against current returns
Autocorrelation, which is Tadir Gan 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 Tadir Gan's stock expected returns. We can calculate the autocorrelation of Tadir Gan returns to help us make a trade decision. For example, suppose you find that Tadir Gan 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 |
Tadir Gan 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 Tadir Gan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tadir Gan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tadir Gan stock over time.
Current vs Lagged Prices |
| Timeline |
Tadir Gan Lagged Returns
When evaluating Tadir Gan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tadir Gan stock have on its future price. Tadir Gan 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, Tadir Gan autocorrelation shows the relationship between Tadir Gan stock current value and its past values and can show if there is a momentum factor associated with investing in Tadir Gan 1993.
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 Tadir Stock
Tadir Gan financial ratios help investors to determine whether Tadir 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 Tadir with respect to the benefits of owning Tadir Gan security.