Aryt Industries (Israel) Market Value
| ARYT Stock | ILA 623.00 8.20 1.33% |
| Symbol | Aryt |
Aryt Industries '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 Aryt Industries' 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 Aryt Industries.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Aryt Industries on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Aryt Industries or generate 0.0% return on investment in Aryt Industries over 30 days. Aryt Industries is related to or competes with Orbit Technologies, Tower Semiconductor, Elron Electronic, and Elbit Systems. Aryt Industries Ltd. engages in the development, production, and marketing of electronic guns for the military market in... More
Aryt Industries 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 Aryt Industries' 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 Aryt Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | 0.0911 | |||
| Maximum Drawdown | 33.18 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 7.4 |
Aryt Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aryt Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aryt Industries' standard deviation. In reality, there are many statistical measures that can use Aryt Industries historical prices to predict the future Aryt Industries' volatility.| Risk Adjusted Performance | 0.0967 | |||
| Jensen Alpha | 0.5473 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1828 | |||
| Treynor Ratio | 1.35 |
Aryt Industries Backtested Returns
Aryt Industries appears to be very steady, given 3 months investment horizon. Aryt Industries secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By analyzing Aryt Industries' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please makes use of Aryt Industries' Downside Deviation of 2.63, mean deviation of 3.21, and Risk Adjusted Performance of 0.0967 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aryt Industries holds a performance score of 13. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aryt Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aryt Industries is expected to be smaller as well. Please check Aryt Industries' 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 Aryt Industries' price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Aryt Industries has average predictability. Overlapping area represents the amount of predictability between Aryt Industries time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Aryt Industries price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Aryt Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 90.35 |
Aryt Industries lagged returns against current returns
Autocorrelation, which is Aryt Industries 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 Aryt Industries' stock expected returns. We can calculate the autocorrelation of Aryt Industries returns to help us make a trade decision. For example, suppose you find that Aryt Industries 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 |
Aryt Industries 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 Aryt Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aryt Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aryt Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Aryt Industries Lagged Returns
When evaluating Aryt Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aryt Industries stock have on its future price. Aryt Industries 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, Aryt Industries autocorrelation shows the relationship between Aryt Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Aryt Industries.
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 Aryt Stock
Aryt Industries financial ratios help investors to determine whether Aryt 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 Aryt with respect to the benefits of owning Aryt Industries security.