YH Dimri (Israel) Market Value
| DIMRI Stock | ILS 34,470 130.00 0.38% |
| Symbol | DIMRI |
YH Dimri '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 YH Dimri'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 YH Dimri.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in YH Dimri on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding YH Dimri Construction or generate 0.0% return on investment in YH Dimri over 720 days. YH Dimri is related to or competes with Israel Canada, Azrieli, Delek, and Israel Discount. Dimri Construction Development Ltd operates as a construction company in Israel, Romania, and the Czech Republic More
YH Dimri 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 YH Dimri'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 YH Dimri Construction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.77 |
YH Dimri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YH Dimri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YH Dimri's standard deviation. In reality, there are many statistical measures that can use YH Dimri historical prices to predict the future YH Dimri's volatility.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4084 |
YH Dimri Construction Backtested Returns
Currently, YH Dimri Construction is very steady. YH Dimri Construction retains Efficiency (Sharpe Ratio) of 0.0691, which attests that the company had a 0.0691% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for YH Dimri, which you can use to evaluate the volatility of the company. Please check out YH Dimri's standard deviation of 1.82, and Market Risk Adjusted Performance of 0.4184 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. YH Dimri has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, YH Dimri's returns are expected to increase less than the market. However, during the bear market, the loss of holding YH Dimri is expected to be smaller as well. YH Dimri Construction today owns a risk of 1.6%. Please check out YH Dimri Construction coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if YH Dimri Construction will be following its current price history.
Auto-correlation | 0.33 |
Below average predictability
YH Dimri Construction has below average predictability. Overlapping area represents the amount of predictability between YH Dimri time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 YH Dimri Construction price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current YH Dimri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 9.1 M |
YH Dimri Construction lagged returns against current returns
Autocorrelation, which is YH Dimri 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 YH Dimri's stock expected returns. We can calculate the autocorrelation of YH Dimri returns to help us make a trade decision. For example, suppose you find that YH Dimri 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 |
YH Dimri 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 YH Dimri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YH Dimri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YH Dimri stock over time.
Current vs Lagged Prices |
| Timeline |
YH Dimri Lagged Returns
When evaluating YH Dimri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YH Dimri stock have on its future price. YH Dimri 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, YH Dimri autocorrelation shows the relationship between YH Dimri stock current value and its past values and can show if there is a momentum factor associated with investing in YH Dimri Construction.
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.Additional Tools for DIMRI Stock Analysis
When running YH Dimri's price analysis, check to measure YH Dimri's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy YH Dimri is operating at the current time. Most of YH Dimri's value examination focuses on studying past and present price action to predict the probability of YH Dimri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YH Dimri's price. Additionally, you may evaluate how the addition of YH Dimri to your portfolios can decrease your overall portfolio volatility.