Salomon A (Israel) Market Value
| ANGL Stock | ILS 3,642 136.00 3.88% |
| Symbol | Salomon |
Salomon A '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 Salomon A'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 Salomon A.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Salomon A on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Salomon A Angel or generate 0.0% return on investment in Salomon A over 30 days. Salomon A is related to or competes with Zanlakol, Gan Shmuel, Carmit, Sano Brunos, and Al Bad. The company produces and markets sliced white breads, whole wheat breads, challahs, pita breads, classic breads, light b... More
Salomon A 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 Salomon A'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 Salomon A Angel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.74 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 27.93 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 4.31 |
Salomon A Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salomon A's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salomon A's standard deviation. In reality, there are many statistical measures that can use Salomon A historical prices to predict the future Salomon A's volatility.| Risk Adjusted Performance | 0.0232 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0826 |
Salomon A Angel Backtested Returns
Salomon A Angel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0168, which indicates the firm had a -0.0168% return per unit of risk over the last 3 months. Salomon A Angel exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Salomon A's Coefficient Of Variation of 5049.65, risk adjusted performance of 0.0232, and Semi Deviation of 3.8 to confirm the risk estimate we provide. The entity has a beta of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Salomon A's returns are expected to increase less than the market. However, during the bear market, the loss of holding Salomon A is expected to be smaller as well. At this point, Salomon A Angel has a negative expected return of -0.0606%. Please make sure to validate Salomon A's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Salomon A Angel performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.88 |
Excellent reverse predictability
Salomon A Angel has excellent reverse predictability. Overlapping area represents the amount of predictability between Salomon A time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Salomon A Angel price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Salomon A price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 71.5 K |
Salomon A Angel lagged returns against current returns
Autocorrelation, which is Salomon A 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 Salomon A's stock expected returns. We can calculate the autocorrelation of Salomon A returns to help us make a trade decision. For example, suppose you find that Salomon A 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 |
Salomon A 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 Salomon A stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salomon A stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salomon A stock over time.
Current vs Lagged Prices |
| Timeline |
Salomon A Lagged Returns
When evaluating Salomon A's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salomon A stock have on its future price. Salomon A 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, Salomon A autocorrelation shows the relationship between Salomon A stock current value and its past values and can show if there is a momentum factor associated with investing in Salomon A Angel.
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 Salomon Stock
Salomon A financial ratios help investors to determine whether Salomon 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 Salomon with respect to the benefits of owning Salomon A security.