Abra Information (Israel) Market Value
| BBYL Stock | ILS 274.10 1.30 0.48% |
| Symbol | Abra |
Abra Information '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 Abra Information'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 Abra Information.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Abra Information on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Abra Information Technologies or generate 0.0% return on investment in Abra Information over 30 days. Abra Information is related to or competes with Automatic Bank, EN Shoham, Rapac Communication, and Tadiran Hldg. Babylon Ltd. provides monetization solutions to publishers and app developers for monetizing and promoting their applica... More
Abra Information 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 Abra Information'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 Abra Information Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.28 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 3.91 |
Abra Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abra Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abra Information's standard deviation. In reality, there are many statistical measures that can use Abra Information historical prices to predict the future Abra Information's volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.0825 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.16) |
Abra Information Tec Backtested Returns
At this point, Abra Information is very steady. Abra Information Tec secures Sharpe Ratio (or Efficiency) of 0.0833, which signifies that the company had a 0.0833% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Abra Information Technologies, which you can use to evaluate the volatility of the firm. Please confirm Abra Information's Downside Deviation of 2.88, mean deviation of 1.84, and Risk Adjusted Performance of 0.0243 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Abra Information has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Abra Information are expected to decrease at a much lower rate. During the bear market, Abra Information is likely to outperform the market. Abra Information Tec right now shows a risk of 2.22%. Please confirm Abra Information Tec jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Abra Information Tec will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Abra Information Technologies has average predictability. Overlapping area represents the amount of predictability between Abra Information time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Abra Information Tec price movement. The serial correlation of 0.47 indicates that about 47.0% of current Abra Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 265.41 |
Abra Information Tec lagged returns against current returns
Autocorrelation, which is Abra Information 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 Abra Information's stock expected returns. We can calculate the autocorrelation of Abra Information returns to help us make a trade decision. For example, suppose you find that Abra Information 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 |
Abra Information 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 Abra Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abra Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abra Information stock over time.
Current vs Lagged Prices |
| Timeline |
Abra Information Lagged Returns
When evaluating Abra Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abra Information stock have on its future price. Abra Information 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, Abra Information autocorrelation shows the relationship between Abra Information stock current value and its past values and can show if there is a momentum factor associated with investing in Abra Information Technologies.
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 Abra Stock
Abra Information financial ratios help investors to determine whether Abra 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 Abra with respect to the benefits of owning Abra Information security.