Fire Gas (Israel) Market Value
| FGAS Stock | ILA 1,050 16.00 1.55% |
| Symbol | Fire |
Fire Gas '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 Fire Gas' 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 Fire Gas.
| 11/14/2025 |
| 01/13/2026 |
If you would invest 0.00 in Fire Gas on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding Fire Gas Detection or generate 0.0% return on investment in Fire Gas over 60 days. Fire Gas is related to or competes with Apollo Power, Ratio Petroleum, Lapidoth Heletz, Petrotx, Modiin Energy, and Tigi. Fire Gas Detection Technologies Ltd engages in the development of flame detectors for oil and gas industry More
Fire Gas 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 Fire Gas' 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 Fire Gas Detection upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.42 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 2.98 |
Fire Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fire Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fire Gas' standard deviation. In reality, there are many statistical measures that can use Fire Gas historical prices to predict the future Fire Gas' volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0616 |
Fire Gas Detection Backtested Returns
Fire Gas Detection secures Sharpe Ratio (or Efficiency) of -0.0236, which denotes the company had a -0.0236 % return per unit of risk over the last 3 months. Fire Gas Detection exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fire Gas' Downside Deviation of 2.55, mean deviation of 1.45, and Coefficient Of Variation of 4179.59 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fire Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fire Gas is expected to be smaller as well. At this point, Fire Gas Detection has a negative expected return of -0.0561%. Please make sure to confirm Fire Gas' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Fire Gas Detection performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Fire Gas Detection has below average predictability. Overlapping area represents the amount of predictability between Fire Gas time series from 14th of November 2025 to 14th of December 2025 and 14th of December 2025 to 13th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fire Gas Detection price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Fire Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 862.8 |
Fire Gas Detection lagged returns against current returns
Autocorrelation, which is Fire Gas 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 Fire Gas' stock expected returns. We can calculate the autocorrelation of Fire Gas returns to help us make a trade decision. For example, suppose you find that Fire Gas 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 |
Fire Gas 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 Fire Gas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fire Gas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fire Gas stock over time.
Current vs Lagged Prices |
| Timeline |
Fire Gas Lagged Returns
When evaluating Fire Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fire Gas stock have on its future price. Fire Gas 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, Fire Gas autocorrelation shows the relationship between Fire Gas stock current value and its past values and can show if there is a momentum factor associated with investing in Fire Gas Detection.
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 Fire Stock
Fire Gas financial ratios help investors to determine whether Fire 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 Fire with respect to the benefits of owning Fire Gas security.