Aran Research (Israel) Market Value
| ARAN Stock | ILA 1,887 19.00 1.02% |
| Symbol | Aran |
Aran Research '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 Aran Research'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 Aran Research.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aran Research on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Aran Research and or generate 0.0% return on investment in Aran Research over 90 days. Aran Research is related to or competes with Al Bad, Amanet Management, Brimag L, Brill Shoe, and Danel. Aran Research Development Ltd. engages in the product design and development, and equipment manufacturing businesses for... More
Aran Research 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 Aran Research'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 Aran Research and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.43 |
Aran Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aran Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aran Research's standard deviation. In reality, there are many statistical measures that can use Aran Research historical prices to predict the future Aran Research's volatility.| Risk Adjusted Performance | 0.0014 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.20) |
Aran Research Backtested Returns
Aran Research secures Sharpe Ratio (or Efficiency) of -0.004, which signifies that the company had a -0.004% return per unit of standard deviation over the last 3 months. Aran Research and exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aran Research's risk adjusted performance of 0.0014, and Mean Deviation of 0.815 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0761, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aran Research's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aran Research is expected to be smaller as well. At this point, Aran Research has a negative expected return of -0.0056%. Please make sure to confirm Aran Research's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Aran Research performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Aran Research and has poor reverse predictability. Overlapping area represents the amount of predictability between Aran Research time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Aran Research price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Aran Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 750.91 |
Aran Research lagged returns against current returns
Autocorrelation, which is Aran Research 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 Aran Research's stock expected returns. We can calculate the autocorrelation of Aran Research returns to help us make a trade decision. For example, suppose you find that Aran Research 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 |
Aran Research 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 Aran Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aran Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aran Research stock over time.
Current vs Lagged Prices |
| Timeline |
Aran Research Lagged Returns
When evaluating Aran Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aran Research stock have on its future price. Aran Research 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, Aran Research autocorrelation shows the relationship between Aran Research stock current value and its past values and can show if there is a momentum factor associated with investing in Aran Research and.
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 Aran Stock
Aran Research financial ratios help investors to determine whether Aran 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 Aran with respect to the benefits of owning Aran Research security.