Diplomat Holdings (Israel) Market Value
| DIPL Stock | ILA 4,322 134.00 3.20% |
| Symbol | Diplomat |
Diplomat Holdings '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 Diplomat Holdings' 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 Diplomat Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Diplomat Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Diplomat Holdings or generate 0.0% return on investment in Diplomat Holdings over 30 days. Diplomat Holdings is related to or competes with Veridis Environment, G Willi, Azorim Investment, Aura Investments, Feat Fund, Rapac Communication, and Computer Direct. Diplomat Holdings Ltd operates as a sales and distribution company in the fast-moving consumer goods sector More
Diplomat Holdings 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 Diplomat Holdings' 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 Diplomat Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.2131 | |||
| Maximum Drawdown | 9.55 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 3.23 |
Diplomat Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diplomat Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diplomat Holdings' standard deviation. In reality, there are many statistical measures that can use Diplomat Holdings historical prices to predict the future Diplomat Holdings' volatility.| Risk Adjusted Performance | 0.2184 | |||
| Jensen Alpha | 0.5318 | |||
| Total Risk Alpha | 0.2382 | |||
| Sortino Ratio | 0.2731 | |||
| Treynor Ratio | 31.58 |
Diplomat Holdings Backtested Returns
Diplomat Holdings appears to be very steady, given 3 months investment horizon. Diplomat Holdings secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the company had a 0.34% return per unit of risk over the last 3 months. By reviewing Diplomat Holdings' technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Diplomat Holdings' Coefficient Of Variation of 361.02, mean deviation of 1.26, and Downside Deviation of 1.53 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Diplomat Holdings holds a performance score of 26. The firm shows a Beta (market volatility) of 0.0169, which means not very significant fluctuations relative to the market. As returns on the market increase, Diplomat Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Diplomat Holdings is expected to be smaller as well. Please check Diplomat Holdings' 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 Diplomat Holdings' price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Diplomat Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Diplomat Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Diplomat Holdings price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Diplomat Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 102.7 K |
Diplomat Holdings lagged returns against current returns
Autocorrelation, which is Diplomat Holdings 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 Diplomat Holdings' stock expected returns. We can calculate the autocorrelation of Diplomat Holdings returns to help us make a trade decision. For example, suppose you find that Diplomat Holdings 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 |
Diplomat Holdings 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 Diplomat Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diplomat Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diplomat Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Diplomat Holdings Lagged Returns
When evaluating Diplomat Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diplomat Holdings stock have on its future price. Diplomat Holdings 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, Diplomat Holdings autocorrelation shows the relationship between Diplomat Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Diplomat Holdings.
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 Diplomat Stock
Diplomat Holdings financial ratios help investors to determine whether Diplomat 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 Diplomat with respect to the benefits of owning Diplomat Holdings security.