Azorim Investment (Israel) Market Value
| AZRM Stock | ILS 2,050 13.00 0.63% |
| Symbol | Azorim |
Azorim Investment '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 Azorim Investment'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 Azorim Investment.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Azorim Investment on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Azorim Investment Development or generate 0.0% return on investment in Azorim Investment over 540 days. Azorim Investment is related to or competes with El Al, Magic Software, Neto Malinda, Orbit Technologies, Aryt Industries, Nice, and Qualitau. The company constructs residential apartments, including garden apartments, mini penthouses, and penthouses, as well as ... More
Azorim Investment 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 Azorim Investment'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 Azorim Investment Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0217 | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 4.33 |
Azorim Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Azorim Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Azorim Investment's standard deviation. In reality, there are many statistical measures that can use Azorim Investment historical prices to predict the future Azorim Investment's volatility.| Risk Adjusted Performance | 0.0641 | |||
| Jensen Alpha | 0.1706 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | (4.58) |
Azorim Investment Backtested Returns
Azorim Investment appears to be very steady, given 3 months investment horizon. Azorim Investment secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Azorim Investment Development, which you can use to evaluate the volatility of the firm. Please makes use of Azorim Investment's Downside Deviation of 2.29, mean deviation of 1.8, and Risk Adjusted Performance of 0.0641 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Azorim Investment holds a performance score of 9. The firm shows a Beta (market volatility) of -0.0363, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Azorim Investment are expected to decrease at a much lower rate. During the bear market, Azorim Investment is likely to outperform the market. Please check Azorim Investment's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Azorim Investment's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Azorim Investment Development has average predictability. Overlapping area represents the amount of predictability between Azorim Investment time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Azorim Investment price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Azorim Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 24.8 K |
Azorim Investment lagged returns against current returns
Autocorrelation, which is Azorim Investment 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 Azorim Investment's stock expected returns. We can calculate the autocorrelation of Azorim Investment returns to help us make a trade decision. For example, suppose you find that Azorim Investment 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 |
Azorim Investment 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 Azorim Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Azorim Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Azorim Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Azorim Investment Lagged Returns
When evaluating Azorim Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Azorim Investment stock have on its future price. Azorim Investment 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, Azorim Investment autocorrelation shows the relationship between Azorim Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Azorim Investment Development.
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 Azorim Stock
Azorim Investment financial ratios help investors to determine whether Azorim 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 Azorim with respect to the benefits of owning Azorim Investment security.