Mediterranean Towers (Israel) Market Value
| MDTR Stock | ILA 978.00 2.00 0.20% |
| Symbol | Mediterranean |
Mediterranean Towers '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 Mediterranean Towers' 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 Mediterranean Towers.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Mediterranean Towers on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Mediterranean Towers or generate 0.0% return on investment in Mediterranean Towers over 360 days. Mediterranean Towers is related to or competes with Israel Canada, Alony Hetz, Bank Hapoalim, Mizrahi Tefahot, and Danel. Mediterranean Towers Ltd. operates a chain of retirement communities in Israel More
Mediterranean Towers 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 Mediterranean Towers' 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 Mediterranean Towers upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.87 | |||
| Information Ratio | 0.0891 | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.3 |
Mediterranean Towers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mediterranean Towers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mediterranean Towers' standard deviation. In reality, there are many statistical measures that can use Mediterranean Towers historical prices to predict the future Mediterranean Towers' volatility.| Risk Adjusted Performance | 0.1314 | |||
| Jensen Alpha | 0.3096 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0872 | |||
| Treynor Ratio | (1.98) |
Mediterranean Towers Backtested Returns
Mediterranean Towers appears to be very steady, given 3 months investment horizon. Mediterranean Towers has Sharpe Ratio of 0.28, which conveys that the firm had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mediterranean Towers, which you can use to evaluate the volatility of the firm. Please exercise Mediterranean Towers' Downside Deviation of 1.87, mean deviation of 1.37, and Risk Adjusted Performance of 0.1314 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mediterranean Towers holds a performance score of 22. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mediterranean Towers are expected to decrease at a much lower rate. During the bear market, Mediterranean Towers is likely to outperform the market. Please check Mediterranean Towers' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Mediterranean Towers' current price movements will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Mediterranean Towers has poor reverse predictability. Overlapping area represents the amount of predictability between Mediterranean Towers time series from 8th of December 2023 to 5th of June 2024 and 5th of June 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 Mediterranean Towers price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Mediterranean Towers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 4949.77 |
Mediterranean Towers lagged returns against current returns
Autocorrelation, which is Mediterranean Towers 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 Mediterranean Towers' stock expected returns. We can calculate the autocorrelation of Mediterranean Towers returns to help us make a trade decision. For example, suppose you find that Mediterranean Towers 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 |
Mediterranean Towers 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 Mediterranean Towers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mediterranean Towers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mediterranean Towers stock over time.
Current vs Lagged Prices |
| Timeline |
Mediterranean Towers Lagged Returns
When evaluating Mediterranean Towers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mediterranean Towers stock have on its future price. Mediterranean Towers 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, Mediterranean Towers autocorrelation shows the relationship between Mediterranean Towers stock current value and its past values and can show if there is a momentum factor associated with investing in Mediterranean Towers.
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 Mediterranean Stock
Mediterranean Towers financial ratios help investors to determine whether Mediterranean 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 Mediterranean with respect to the benefits of owning Mediterranean Towers security.