Golden House (Israel) Market Value
| GOHO Stock | ILA 2,299 8.00 0.35% |
| Symbol | Golden |
Golden House '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 Golden House'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 Golden House.
| 09/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in Golden House on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Golden House or generate 0.0% return on investment in Golden House over 120 days. Golden House is related to or competes with Hanan Mor, IBI Inv, E M, Alony Hetz, and Ashot Ashkelon. Golden House Ltd provides assisted independent living services for elderly population in Israel More
Golden House 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 Golden House'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 Golden House upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.1351 | |||
| Maximum Drawdown | 13.39 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 5.68 |
Golden House Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden House's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden House's standard deviation. In reality, there are many statistical measures that can use Golden House historical prices to predict the future Golden House's volatility.| Risk Adjusted Performance | 0.1321 | |||
| Jensen Alpha | 0.3945 | |||
| Total Risk Alpha | 0.3122 | |||
| Sortino Ratio | 0.1362 | |||
| Treynor Ratio | 2.55 |
Golden House Backtested Returns
Golden House appears to be very steady, given 3 months investment horizon. Golden House holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Golden House, which you can use to evaluate the volatility of the firm. Please utilize Golden House's Market Risk Adjusted Performance of 2.56, downside deviation of 2.73, and Risk Adjusted Performance of 0.1321 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden House holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Golden House's returns are expected to increase less than the market. However, during the bear market, the loss of holding Golden House is expected to be smaller as well. Please check Golden House's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Golden House's current trending patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Golden House has poor predictability. Overlapping area represents the amount of predictability between Golden House time series from 24th of September 2024 to 23rd of November 2024 and 23rd of November 2024 to 22nd of January 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 Golden House price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Golden House price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 17.1 K |
Golden House lagged returns against current returns
Autocorrelation, which is Golden House 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 Golden House's stock expected returns. We can calculate the autocorrelation of Golden House returns to help us make a trade decision. For example, suppose you find that Golden House 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 |
Golden House 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 Golden House stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden House stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden House stock over time.
Current vs Lagged Prices |
| Timeline |
Golden House Lagged Returns
When evaluating Golden House's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden House stock have on its future price. Golden House 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, Golden House autocorrelation shows the relationship between Golden House stock current value and its past values and can show if there is a momentum factor associated with investing in Golden House.
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 Golden Stock
Golden House financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden House security.