Baran (Israel) Market Value
| BRAN Stock | ILA 1,457 6.00 0.41% |
| Symbol | Baran |
Baran '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 Baran'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 Baran.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Baran on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Baran Group or generate 0.0% return on investment in Baran over 30 days. Baran is related to or competes with Rapac Communication, Elron Electronic, Lesico, Palram, and Partner. Baran Group Ltd provides engineering, technology, telecommunication, and construction solutions worldwide More
Baran 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 Baran'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 Baran Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.1601 | |||
| Maximum Drawdown | 8.59 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 3.51 |
Baran Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baran's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baran's standard deviation. In reality, there are many statistical measures that can use Baran historical prices to predict the future Baran's volatility.| Risk Adjusted Performance | 0.1726 | |||
| Jensen Alpha | 0.4057 | |||
| Total Risk Alpha | 0.1552 | |||
| Sortino Ratio | 0.171 | |||
| Treynor Ratio | (6.67) |
Baran Group Backtested Returns
Baran appears to be very steady, given 3 months investment horizon. Baran Group secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. We have found thirty technical indicators for Baran Group, which you can use to evaluate the volatility of the firm. Please makes use of Baran's Downside Deviation of 1.76, mean deviation of 1.38, and Risk Adjusted Performance of 0.1726 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Baran holds a performance score of 20. The firm shows a Beta (market volatility) of -0.0599, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Baran are expected to decrease at a much lower rate. During the bear market, Baran is likely to outperform the market. Please check Baran's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Baran's price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Baran Group has very good reverse predictability. Overlapping area represents the amount of predictability between Baran time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Baran Group price movement. The serial correlation of -0.69 indicates that around 69.0% of current Baran price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1555.73 |
Baran Group lagged returns against current returns
Autocorrelation, which is Baran 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 Baran's stock expected returns. We can calculate the autocorrelation of Baran returns to help us make a trade decision. For example, suppose you find that Baran 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 |
Baran 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 Baran stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baran stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baran stock over time.
Current vs Lagged Prices |
| Timeline |
Baran Lagged Returns
When evaluating Baran's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baran stock have on its future price. Baran 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, Baran autocorrelation shows the relationship between Baran stock current value and its past values and can show if there is a momentum factor associated with investing in Baran Group.
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 Baran Stock
Baran financial ratios help investors to determine whether Baran 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 Baran with respect to the benefits of owning Baran security.