Avgol Industries (Israel) Market Value
| AVGL Stock | 141.10 11.70 7.66% |
| Symbol | Avgol |
Avgol 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 Avgol 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 Avgol Industries.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Avgol Industries on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Avgol Industries 1953 or generate 0.0% return on investment in Avgol Industries over 30 days. Avgol Industries is related to or competes with Alony Hetz, Discount Investment, Migdal Insurance, Bezeq Israeli, and Clal Insurance. Avgol Industries 1953 Ltd manufactures and supplies nonwoven fabrics primarily for manufacturers of baby diapers, adult ... More
Avgol 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 Avgol 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 Avgol Industries 1953 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.4 | |||
| Information Ratio | 0.0228 | |||
| Maximum Drawdown | 13.95 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 4.19 |
Avgol Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avgol Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avgol Industries' standard deviation. In reality, there are many statistical measures that can use Avgol Industries historical prices to predict the future Avgol Industries' volatility.| Risk Adjusted Performance | 0.0569 | |||
| Jensen Alpha | 0.1616 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.9548 |
Avgol Industries 1953 Backtested Returns
At this point, Avgol Industries is very steady. Avgol Industries 1953 secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the company had a 0.0617% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Avgol Industries 1953, which you can use to evaluate the volatility of the firm. Please confirm Avgol Industries' risk adjusted performance of 0.0569, and Mean Deviation of 2.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Avgol Industries has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Avgol Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Avgol Industries is expected to be smaller as well. Avgol Industries 1953 right now shows a risk of 2.77%. Please confirm Avgol Industries 1953 coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Avgol Industries 1953 will be following its price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Avgol Industries 1953 has very good reverse predictability. Overlapping area represents the amount of predictability between Avgol Industries time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Avgol Industries 1953 price movement. The serial correlation of -0.66 indicates that around 66.0% of current Avgol Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 90.43 |
Avgol Industries 1953 lagged returns against current returns
Autocorrelation, which is Avgol 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 Avgol Industries' stock expected returns. We can calculate the autocorrelation of Avgol Industries returns to help us make a trade decision. For example, suppose you find that Avgol 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 |
Avgol 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 Avgol Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avgol Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avgol Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Avgol Industries Lagged Returns
When evaluating Avgol Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avgol Industries stock have on its future price. Avgol 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, Avgol Industries autocorrelation shows the relationship between Avgol Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Avgol Industries 1953.
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 Avgol Stock
Avgol Industries financial ratios help investors to determine whether Avgol 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 Avgol with respect to the benefits of owning Avgol Industries security.