Fox Wizel (Israel) Market Value
| FOX Stock | ILS 29,000 270.00 0.92% |
| Symbol | Fox |
Fox Wizel '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 Fox Wizel'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 Fox Wizel.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Fox Wizel on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Fox Wizel or generate 0.0% return on investment in Fox Wizel over 390 days. Fox Wizel is related to or competes with Azrieli, Shufersal, Rami Levi, Fattal 1998, and Bank Leumi. Fox-Wizel Ltd. offers basic and casual fashion products in Israel and internationally More
Fox Wizel 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 Fox Wizel'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 Fox Wizel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.071 | |||
| Maximum Drawdown | 7.54 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.4 |
Fox Wizel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fox Wizel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fox Wizel's standard deviation. In reality, there are many statistical measures that can use Fox Wizel historical prices to predict the future Fox Wizel's volatility.| Risk Adjusted Performance | 0.1108 | |||
| Jensen Alpha | 0.2738 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0781 | |||
| Treynor Ratio | (2.92) |
Fox Wizel Backtested Returns
Fox Wizel appears to be very steady, given 3 months investment horizon. Fox Wizel secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fox Wizel, which you can use to evaluate the volatility of the firm. Please utilize Fox Wizel's Downside Deviation of 1.82, mean deviation of 1.57, and Coefficient Of Variation of 733.26 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fox Wizel holds a performance score of 9. The firm shows a Beta (market volatility) of -0.0901, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fox Wizel are expected to decrease at a much lower rate. During the bear market, Fox Wizel is likely to outperform the market. Please check Fox Wizel's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Fox Wizel's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Fox Wizel has below average predictability. Overlapping area represents the amount of predictability between Fox Wizel time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Fox Wizel price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Fox Wizel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 3.5 M |
Fox Wizel lagged returns against current returns
Autocorrelation, which is Fox Wizel 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 Fox Wizel's stock expected returns. We can calculate the autocorrelation of Fox Wizel returns to help us make a trade decision. For example, suppose you find that Fox Wizel 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 |
Fox Wizel 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 Fox Wizel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fox Wizel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fox Wizel stock over time.
Current vs Lagged Prices |
| Timeline |
Fox Wizel Lagged Returns
When evaluating Fox Wizel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fox Wizel stock have on its future price. Fox Wizel 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, Fox Wizel autocorrelation shows the relationship between Fox Wizel stock current value and its past values and can show if there is a momentum factor associated with investing in Fox Wizel.
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 Fox Stock
Fox Wizel financial ratios help investors to determine whether Fox 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 Fox with respect to the benefits of owning Fox Wizel security.