Gilat Satellite (Israel) Market Value
| GILT Stock | ILA 1,947 27.00 1.37% |
| Symbol | Gilat |
Gilat Satellite '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 Gilat Satellite'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 Gilat Satellite.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Gilat Satellite on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Gilat Satellite Networks or generate 0.0% return on investment in Gilat Satellite over 30 days. Gilat Satellite is related to or competes with Elbit Systems, Tower Semiconductor, Kamada, Delek, and Camtek. Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solution... More
Gilat Satellite 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 Gilat Satellite'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 Gilat Satellite Networks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.0373 | |||
| Maximum Drawdown | 15.83 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 3.76 |
Gilat Satellite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gilat Satellite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gilat Satellite's standard deviation. In reality, there are many statistical measures that can use Gilat Satellite historical prices to predict the future Gilat Satellite's volatility.| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.1973 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0364 | |||
| Treynor Ratio | 1.1 |
Gilat Satellite Networks Backtested Returns
Gilat Satellite appears to be very steady, given 3 months investment horizon. Gilat Satellite Networks holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gilat Satellite Networks, which you can use to evaluate the volatility of the firm. Please utilize Gilat Satellite's Risk Adjusted Performance of 0.0767, downside deviation of 2.62, and Market Risk Adjusted Performance of 1.11 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gilat Satellite holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gilat Satellite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gilat Satellite is expected to be smaller as well. Please check Gilat Satellite's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Gilat Satellite's current trending patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Gilat Satellite Networks has virtually no predictability. Overlapping area represents the amount of predictability between Gilat Satellite time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Gilat Satellite Networks price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Gilat Satellite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1184.22 |
Gilat Satellite Networks lagged returns against current returns
Autocorrelation, which is Gilat Satellite 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 Gilat Satellite's stock expected returns. We can calculate the autocorrelation of Gilat Satellite returns to help us make a trade decision. For example, suppose you find that Gilat Satellite 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 |
Gilat Satellite 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 Gilat Satellite stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gilat Satellite stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gilat Satellite stock over time.
Current vs Lagged Prices |
| Timeline |
Gilat Satellite Lagged Returns
When evaluating Gilat Satellite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gilat Satellite stock have on its future price. Gilat Satellite 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, Gilat Satellite autocorrelation shows the relationship between Gilat Satellite stock current value and its past values and can show if there is a momentum factor associated with investing in Gilat Satellite Networks.
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.Additional Information and Resources on Investing in Gilat Stock
When determining whether Gilat Satellite Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Gilat Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Gilat Satellite Networks Stock. Highlighted below are key reports to facilitate an investment decision about Gilat Satellite Networks Stock:Check out Gilat Satellite Correlation, Gilat Satellite Volatility and Gilat Satellite Alpha and Beta module to complement your research on Gilat Satellite. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Gilat Satellite technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.