GIVOT OLAM (Israel) Market Value
| GIVO-L Stock | 21.20 0.50 2.30% |
| Symbol | GIVOT |
GIVOT OLAM '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 GIVOT OLAM'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 GIVOT OLAM.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in GIVOT OLAM on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding GIVOT OLAM OIL or generate 0.0% return on investment in GIVOT OLAM over 60 days. GIVOT OLAM is related to or competes with Magic Software, Bio Meat, Millennium Food, Ormat Technologies, Technoplus Ventures, Libra Insurance, and IDI Insurance. Givot Olam Oil Exploration - Limited Partnership operates as an oil and gas exploration company in Israel More
GIVOT OLAM 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 GIVOT OLAM'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 GIVOT OLAM OIL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 15.17 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 4.46 |
GIVOT OLAM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GIVOT OLAM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GIVOT OLAM's standard deviation. In reality, there are many statistical measures that can use GIVOT OLAM historical prices to predict the future GIVOT OLAM's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.37) |
GIVOT OLAM OIL Backtested Returns
GIVOT OLAM OIL holds Efficiency (Sharpe) Ratio of -0.092, which attests that the entity had a -0.092% return per unit of volatility over the last 3 months. GIVOT OLAM OIL exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GIVOT OLAM's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.36) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. GIVOT OLAM returns are very sensitive to returns on the market. As the market goes up or down, GIVOT OLAM is expected to follow. At this point, GIVOT OLAM OIL has a negative expected return of -0.3%. Please make sure to check out GIVOT OLAM's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if GIVOT OLAM OIL performance from the past will be repeated at future time.
Auto-correlation | -0.49 |
Modest reverse predictability
GIVOT OLAM OIL has modest reverse predictability. Overlapping area represents the amount of predictability between GIVOT OLAM time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 GIVOT OLAM OIL price movement. The serial correlation of -0.49 indicates that about 49.0% of current GIVOT OLAM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
GIVOT OLAM OIL lagged returns against current returns
Autocorrelation, which is GIVOT OLAM 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 GIVOT OLAM's stock expected returns. We can calculate the autocorrelation of GIVOT OLAM returns to help us make a trade decision. For example, suppose you find that GIVOT OLAM 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 |
GIVOT OLAM 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 GIVOT OLAM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GIVOT OLAM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GIVOT OLAM stock over time.
Current vs Lagged Prices |
| Timeline |
GIVOT OLAM Lagged Returns
When evaluating GIVOT OLAM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GIVOT OLAM stock have on its future price. GIVOT OLAM 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, GIVOT OLAM autocorrelation shows the relationship between GIVOT OLAM stock current value and its past values and can show if there is a momentum factor associated with investing in GIVOT OLAM OIL.
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 GIVOT Stock
GIVOT OLAM financial ratios help investors to determine whether GIVOT 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 GIVOT with respect to the benefits of owning GIVOT OLAM security.