Menivim New (Israel) Market Value
| MNRT Stock | ILA 197.00 0.70 0.36% |
| Symbol | Menivim |
Menivim New '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 Menivim New'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 Menivim New.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Menivim New on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Menivim The New or generate 0.0% return on investment in Menivim New over 90 days. Menivim New is related to or competes with Sella Real, Reit 1, MeguREIT Israel, Azrieli, and Alony Hetz. Menivim - The New Reit Ltd is headquartered in Tel Aviv, Israel More
Menivim New 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 Menivim New'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 Menivim The New upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0768 | |||
| Maximum Drawdown | 7.44 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.84 |
Menivim New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Menivim New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Menivim New's standard deviation. In reality, there are many statistical measures that can use Menivim New historical prices to predict the future Menivim New's volatility.| Risk Adjusted Performance | 0.1236 | |||
| Jensen Alpha | 0.276 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0708 | |||
| Treynor Ratio | (1.20) |
Menivim The New Backtested Returns
Menivim New appears to be very steady, given 3 months investment horizon. Menivim The New has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. We have found thirty technical indicators for Menivim New, which you can use to evaluate the volatility of the firm. Please exercise Menivim New's Mean Deviation of 1.24, risk adjusted performance of 0.1236, and Downside Deviation of 1.84 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Menivim New holds a performance score of 20. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Menivim New are expected to decrease at a much lower rate. During the bear market, Menivim New is likely to outperform the market. Please check Menivim New's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Menivim New's current price movements will revert.
Auto-correlation | 0.34 |
Below average predictability
Menivim The New has below average predictability. Overlapping area represents the amount of predictability between Menivim New time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 Menivim The New price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Menivim New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 54.5 |
Menivim The New lagged returns against current returns
Autocorrelation, which is Menivim New 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 Menivim New's stock expected returns. We can calculate the autocorrelation of Menivim New returns to help us make a trade decision. For example, suppose you find that Menivim New 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 |
Menivim New 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 Menivim New stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Menivim New stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Menivim New stock over time.
Current vs Lagged Prices |
| Timeline |
Menivim New Lagged Returns
When evaluating Menivim New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Menivim New stock have on its future price. Menivim New 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, Menivim New autocorrelation shows the relationship between Menivim New stock current value and its past values and can show if there is a momentum factor associated with investing in Menivim The New.
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 Menivim Stock
Menivim New financial ratios help investors to determine whether Menivim 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 Menivim with respect to the benefits of owning Menivim New security.