Bladeranger (Israel) Market Value
| BLRN Stock | ILA 0.57 0.01 1.79% |
| Symbol | Bladeranger |
Bladeranger '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 Bladeranger'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 Bladeranger.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Bladeranger on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Bladeranger or generate 0.0% return on investment in Bladeranger over 30 days. Bladeranger is related to or competes with Isras Investment, Gilat Telecom, Clal Biotechnology, Harel Insurance, Bezeq Israeli, and Azorim Investment. BladeRanger Ltd. develops and provides autonomous robots for cleaning and inspection of solar panels and solar power pla... More
Bladeranger 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 Bladeranger'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 Bladeranger upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 26.39 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 8.16 |
Bladeranger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bladeranger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bladeranger's standard deviation. In reality, there are many statistical measures that can use Bladeranger historical prices to predict the future Bladeranger's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | 7.57 |
Bladeranger Backtested Returns
Bladeranger secures Sharpe Ratio (or Efficiency) of -0.0569, which signifies that the company had a -0.0569% return per unit of standard deviation over the last 3 months. Bladeranger exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bladeranger's risk adjusted performance of (0.06), and Mean Deviation of 4.11 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0696, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bladeranger are expected to decrease at a much lower rate. During the bear market, Bladeranger is likely to outperform the market. At this point, Bladeranger has a negative expected return of -0.3%. Please make sure to confirm Bladeranger's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Bladeranger performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Bladeranger has near perfect reversele predictability. Overlapping area represents the amount of predictability between Bladeranger time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Bladeranger price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Bladeranger price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bladeranger lagged returns against current returns
Autocorrelation, which is Bladeranger 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 Bladeranger's stock expected returns. We can calculate the autocorrelation of Bladeranger returns to help us make a trade decision. For example, suppose you find that Bladeranger 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 |
Bladeranger 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 Bladeranger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bladeranger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bladeranger stock over time.
Current vs Lagged Prices |
| Timeline |
Bladeranger Lagged Returns
When evaluating Bladeranger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bladeranger stock have on its future price. Bladeranger 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, Bladeranger autocorrelation shows the relationship between Bladeranger stock current value and its past values and can show if there is a momentum factor associated with investing in Bladeranger.
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 Bladeranger Stock
Bladeranger financial ratios help investors to determine whether Bladeranger 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 Bladeranger with respect to the benefits of owning Bladeranger security.