Mendelson Infrastructures (Israel) Market Value
| MNIN Stock | ILS 1,349 51.00 3.93% |
| Symbol | Mendelson |
Mendelson Infrastructures '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 Mendelson Infrastructures' 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 Mendelson Infrastructures.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Mendelson Infrastructures on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Mendelson Infrastructures and or generate 0.0% return on investment in Mendelson Infrastructures over 30 days. Mendelson Infrastructures is related to or competes with Klil Industries, Scope Metals, Kafrit, Ralco Agencies, and Palram. Mendelson Infrastructures Industries Ltd More
Mendelson Infrastructures 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 Mendelson Infrastructures' 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 Mendelson Infrastructures and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.1878 | |||
| Maximum Drawdown | 14.59 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 5.62 |
Mendelson Infrastructures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mendelson Infrastructures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mendelson Infrastructures' standard deviation. In reality, there are many statistical measures that can use Mendelson Infrastructures historical prices to predict the future Mendelson Infrastructures' volatility.| Risk Adjusted Performance | 0.1813 | |||
| Jensen Alpha | 0.7 | |||
| Total Risk Alpha | 0.2343 | |||
| Sortino Ratio | 0.2487 | |||
| Treynor Ratio | 18.73 |
Mendelson Infrastructures Backtested Returns
Mendelson Infrastructures appears to be very steady, given 3 months investment horizon. Mendelson Infrastructures has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. By analyzing Mendelson Infrastructures' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please exercise Mendelson Infrastructures' Risk Adjusted Performance of 0.1813, downside deviation of 2.37, and Mean Deviation of 2.41 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mendelson Infrastructures holds a performance score of 24. The company secures a Beta (Market Risk) of 0.0376, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mendelson Infrastructures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mendelson Infrastructures is expected to be smaller as well. Please check Mendelson Infrastructures' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Mendelson Infrastructures' current price movements will revert.
Auto-correlation | 0.75 |
Good predictability
Mendelson Infrastructures and has good predictability. Overlapping area represents the amount of predictability between Mendelson Infrastructures time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Mendelson Infrastructures price movement. The serial correlation of 0.75 indicates that around 75.0% of current Mendelson Infrastructures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 2259.8 |
Mendelson Infrastructures lagged returns against current returns
Autocorrelation, which is Mendelson Infrastructures 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 Mendelson Infrastructures' stock expected returns. We can calculate the autocorrelation of Mendelson Infrastructures returns to help us make a trade decision. For example, suppose you find that Mendelson Infrastructures 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 |
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Mendelson Infrastructures 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 Mendelson Infrastructures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mendelson Infrastructures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mendelson Infrastructures stock over time.
Current vs Lagged Prices |
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Mendelson Infrastructures Lagged Returns
When evaluating Mendelson Infrastructures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mendelson Infrastructures stock have on its future price. Mendelson Infrastructures 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, Mendelson Infrastructures autocorrelation shows the relationship between Mendelson Infrastructures stock current value and its past values and can show if there is a momentum factor associated with investing in Mendelson Infrastructures and.
Regressed Prices |
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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 Mendelson Stock
Mendelson Infrastructures financial ratios help investors to determine whether Mendelson 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 Mendelson with respect to the benefits of owning Mendelson Infrastructures security.