Mordechai Aviv (Israel) Market Value
| AVIV Stock | ILS 1,999 54.00 2.78% |
| Symbol | Mordechai |
Mordechai Aviv '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 Mordechai Aviv'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 Mordechai Aviv.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mordechai Aviv on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Mordechai Aviv Taasiot or generate 0.0% return on investment in Mordechai Aviv over 180 days. Mordechai Aviv is related to or competes with Al Bad, Imperium Group, Amanet Management, Gan Shmuel, and El Mor. Mordechai Aviv Taasiot Beniyah Ltd. operates as a real estate company in Israel and internationally More
Mordechai Aviv 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 Mordechai Aviv'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 Mordechai Aviv Taasiot upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.22 | |||
| Information Ratio | 0.1652 | |||
| Maximum Drawdown | 19.13 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 4.75 |
Mordechai Aviv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mordechai Aviv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mordechai Aviv's standard deviation. In reality, there are many statistical measures that can use Mordechai Aviv historical prices to predict the future Mordechai Aviv's volatility.| Risk Adjusted Performance | 0.1632 | |||
| Jensen Alpha | 0.652 | |||
| Total Risk Alpha | 0.1522 | |||
| Sortino Ratio | 0.1726 | |||
| Treynor Ratio | 3.58 |
Mordechai Aviv Taasiot Backtested Returns
Mordechai Aviv appears to be very steady, given 3 months investment horizon. Mordechai Aviv Taasiot has Sharpe Ratio of 0.3, which conveys that the firm had a 0.3% return per unit of risk over the last 3 months. By analyzing Mordechai Aviv's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please exercise Mordechai Aviv's Downside Deviation of 3.22, risk adjusted performance of 0.1632, and Mean Deviation of 2.37 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mordechai Aviv holds a performance score of 23. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mordechai Aviv's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mordechai Aviv is expected to be smaller as well. Please check Mordechai Aviv's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Mordechai Aviv's current price movements will revert.
Auto-correlation | 0.65 |
Good predictability
Mordechai Aviv Taasiot has good predictability. Overlapping area represents the amount of predictability between Mordechai Aviv time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Mordechai Aviv Taasiot price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Mordechai Aviv price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 39.9 K |
Mordechai Aviv Taasiot lagged returns against current returns
Autocorrelation, which is Mordechai Aviv 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 Mordechai Aviv's stock expected returns. We can calculate the autocorrelation of Mordechai Aviv returns to help us make a trade decision. For example, suppose you find that Mordechai Aviv 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 |
Mordechai Aviv 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 Mordechai Aviv stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mordechai Aviv stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mordechai Aviv stock over time.
Current vs Lagged Prices |
| Timeline |
Mordechai Aviv Lagged Returns
When evaluating Mordechai Aviv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mordechai Aviv stock have on its future price. Mordechai Aviv 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, Mordechai Aviv autocorrelation shows the relationship between Mordechai Aviv stock current value and its past values and can show if there is a momentum factor associated with investing in Mordechai Aviv Taasiot.
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 Mordechai Stock
Mordechai Aviv financial ratios help investors to determine whether Mordechai 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 Mordechai with respect to the benefits of owning Mordechai Aviv security.