Etga (Israel) Market Value
| ETGA Stock | 2,728 2.00 0.07% |
| Symbol | Etga |
Etga '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 Etga'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 Etga.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Etga on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Etga Group or generate 0.0% return on investment in Etga over 30 days. Etga is related to or competes with Tigbur Temporary, Hamat, Orian ShM, Baran, Payton L, Overseas Commerce, and El Mor. More
Etga 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 Etga'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 Etga Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.1647 | |||
| Maximum Drawdown | 10.14 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 4.09 |
Etga Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etga's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etga's standard deviation. In reality, there are many statistical measures that can use Etga historical prices to predict the future Etga's volatility.| Risk Adjusted Performance | 0.1556 | |||
| Jensen Alpha | 0.3575 | |||
| Total Risk Alpha | 0.1764 | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | 3.6 |
Etga Group Backtested Returns
Etga appears to be very steady, given 3 months investment horizon. Etga Group secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Etga Group, which you can use to evaluate the volatility of the firm. Please utilize Etga's Mean Deviation of 1.15, downside deviation of 1.79, and Coefficient Of Variation of 469.09 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Etga holds a performance score of 19. The firm shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, Etga's returns are expected to increase less than the market. However, during the bear market, the loss of holding Etga is expected to be smaller as well. Please check Etga's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Etga's price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Etga Group has good predictability. Overlapping area represents the amount of predictability between Etga time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Etga Group price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Etga price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 2005.14 |
Etga Group lagged returns against current returns
Autocorrelation, which is Etga 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 Etga's stock expected returns. We can calculate the autocorrelation of Etga returns to help us make a trade decision. For example, suppose you find that Etga 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 |
Etga 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 Etga stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Etga stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Etga stock over time.
Current vs Lagged Prices |
| Timeline |
Etga Lagged Returns
When evaluating Etga's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etga stock have on its future price. Etga 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, Etga autocorrelation shows the relationship between Etga stock current value and its past values and can show if there is a momentum factor associated with investing in Etga 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 Etga Stock
Etga financial ratios help investors to determine whether Etga 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 Etga with respect to the benefits of owning Etga security.