Menora Mivtachim Holdings Stock Market Value
| MNRHF Stock | USD 25.05 0.00 0.00% |
| Symbol | Menora |
Menora Mivtachim '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 Menora Mivtachim's pink sheet 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 Menora Mivtachim.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Menora Mivtachim on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Menora Mivtachim Holdings or generate 0.0% return on investment in Menora Mivtachim over 30 days. Menora Mivtachim is related to or competes with Aris Water, Celestica, Sonos, Antero Midstream, Coda Octopus, Eltek, and Western Midstream. Menora Mivtachim Holdings Ltd operates in insurance and finance sectors in Israel More
Menora Mivtachim 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 Menora Mivtachim's pink sheet 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 Menora Mivtachim Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0928 | |||
| Maximum Drawdown | 7.97 |
Menora Mivtachim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Menora Mivtachim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Menora Mivtachim's standard deviation. In reality, there are many statistical measures that can use Menora Mivtachim historical prices to predict the future Menora Mivtachim's volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 0.1119 | |||
| Total Risk Alpha | 0.0877 | |||
| Treynor Ratio | (2.07) |
Menora Mivtachim Holdings Backtested Returns
At this point, Menora Mivtachim is very steady. Menora Mivtachim Holdings has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Menora Mivtachim, which you can use to evaluate the volatility of the firm. Please verify Menora Mivtachim's Risk Adjusted Performance of 0.1044, standard deviation of 0.9815, and Mean Deviation of 0.238 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Menora Mivtachim has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0535, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Menora Mivtachim are expected to decrease at a much lower rate. During the bear market, Menora Mivtachim is likely to outperform the market. Menora Mivtachim Holdings right now secures a risk of 1.0%. Please verify Menora Mivtachim Holdings information ratio and kurtosis , to decide if Menora Mivtachim Holdings will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Menora Mivtachim Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Menora Mivtachim time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Menora Mivtachim Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Menora Mivtachim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Menora Mivtachim Holdings lagged returns against current returns
Autocorrelation, which is Menora Mivtachim pink sheet'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 Menora Mivtachim's pink sheet expected returns. We can calculate the autocorrelation of Menora Mivtachim returns to help us make a trade decision. For example, suppose you find that Menora Mivtachim has exhibited high autocorrelation historically, and you observe that the pink sheet 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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Menora Mivtachim 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 Menora Mivtachim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Menora Mivtachim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Menora Mivtachim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Menora Mivtachim Lagged Returns
When evaluating Menora Mivtachim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Menora Mivtachim pink sheet have on its future price. Menora Mivtachim 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, Menora Mivtachim autocorrelation shows the relationship between Menora Mivtachim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Menora Mivtachim Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Menora Pink Sheet
Menora Mivtachim financial ratios help investors to determine whether Menora Pink Sheet 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 Menora with respect to the benefits of owning Menora Mivtachim security.