Ybox Real (Israel) Market Value
| YBOX Stock | ILS 107.40 4.60 4.11% |
| Symbol | Ybox |
Ybox 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 Ybox 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 Ybox Real.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Ybox Real on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Ybox Real Estate or generate 0.0% return on investment in Ybox Real over 390 days. Ybox Real is related to or competes with Bank Hapoalim, Israel Discount, Mizrahi Tefahot, Bezeq Israeli, and Elbit Systems. Ybox Real Estate Ltd., formerly known as Marathon Investments SA., is a real estate investment firm specializing investm... More
Ybox 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 Ybox 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 Ybox Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1344 | |||
| Maximum Drawdown | 17.12 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 6.13 |
Ybox Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ybox Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ybox Real's standard deviation. In reality, there are many statistical measures that can use Ybox Real historical prices to predict the future Ybox Real's volatility.| Risk Adjusted Performance | 0.1325 | |||
| Jensen Alpha | 0.517 | |||
| Total Risk Alpha | 0.0847 | |||
| Sortino Ratio | 0.1797 | |||
| Treynor Ratio | (3.02) |
Ybox Real Estate Backtested Returns
Ybox Real appears to be very steady, given 3 months investment horizon. Ybox Real Estate shows Sharpe Ratio of 0.28, which attests that the company had a 0.28% return per unit of risk over the last 3 months. By examining Ybox Real's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Ybox Real's Mean Deviation of 1.88, market risk adjusted performance of (3.01), and Downside Deviation of 2.22 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ybox Real holds a performance score of 21. The firm maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ybox Real are expected to decrease at a much lower rate. During the bear market, Ybox Real is likely to outperform the market. Please check Ybox Real's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Ybox Real's historical returns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Ybox Real Estate has insignificant predictability. Overlapping area represents the amount of predictability between Ybox Real time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Ybox Real Estate price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Ybox Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 86.61 |
Ybox Real Estate lagged returns against current returns
Autocorrelation, which is Ybox 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 Ybox Real's stock expected returns. We can calculate the autocorrelation of Ybox Real returns to help us make a trade decision. For example, suppose you find that Ybox 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 |
Ybox 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 Ybox Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ybox Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ybox Real stock over time.
Current vs Lagged Prices |
| Timeline |
Ybox Real Lagged Returns
When evaluating Ybox Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ybox Real stock have on its future price. Ybox 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, Ybox Real autocorrelation shows the relationship between Ybox Real stock current value and its past values and can show if there is a momentum factor associated with investing in Ybox Real Estate.
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.Other Information on Investing in Ybox Stock
Ybox Real financial ratios help investors to determine whether Ybox 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 Ybox with respect to the benefits of owning Ybox Real security.