Brand (Israel) Market Value
| BRND Stock | ILS 259.30 9.40 3.76% |
| Symbol | Brand |
Brand '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 Brand'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 Brand.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Brand on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Brand Group or generate 0.0% return on investment in Brand over 180 days. Brand is related to or competes with Hiron Trade, Amot Investments, Analyst IMS, Oron Group, and Meitav Dash. Brand Industries Ltd. provides metal industry solutions for infrastructure, energy, and security markets in Israel and i... More
Brand 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 Brand'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 Brand Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 16.1 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 5.45 |
Brand Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brand's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brand's standard deviation. In reality, there are many statistical measures that can use Brand historical prices to predict the future Brand's volatility.| Risk Adjusted Performance | 0.0761 | |||
| Jensen Alpha | 0.2899 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | (0.84) |
Brand Group Backtested Returns
Brand Group secures Sharpe Ratio (or Efficiency) of -0.0073, which signifies that the company had a -0.0073% return per unit of standard deviation over the last 3 months. Brand Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brand's mean deviation of 2.13, and Risk Adjusted Performance of 0.0761 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Brand are expected to decrease at a much lower rate. During the bear market, Brand is likely to outperform the market. At this point, Brand Group has a negative expected return of -0.0233%. Please make sure to confirm Brand's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Brand Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Brand Group has good predictability. Overlapping area represents the amount of predictability between Brand 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 Brand Group price movement. The serial correlation of 0.67 indicates that around 67.0% of current Brand price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 163.77 |
Brand Group lagged returns against current returns
Autocorrelation, which is Brand 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 Brand's stock expected returns. We can calculate the autocorrelation of Brand returns to help us make a trade decision. For example, suppose you find that Brand 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 |
Brand 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 Brand stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brand stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brand stock over time.
Current vs Lagged Prices |
| Timeline |
Brand Lagged Returns
When evaluating Brand's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brand stock have on its future price. Brand 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, Brand autocorrelation shows the relationship between Brand stock current value and its past values and can show if there is a momentum factor associated with investing in Brand Group.
Regressed Prices |
| Timeline |
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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 Brand Stock
Brand financial ratios help investors to determine whether Brand 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 Brand with respect to the benefits of owning Brand security.