Mivne Real (Israel) Market Value
| MVNE Stock | ILA 1,053 20.00 1.86% |
| Symbol | Mivne |
Mivne Real '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 Mivne Real'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 Mivne Real.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Mivne Real on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Mivne Real Estate or generate 0.0% return on investment in Mivne Real over 30 days. Mivne Real is related to or competes with Azrieli, Alony Hetz, Israel Discount, Melisron, and Amot Investments. Mivne Real Estate Ltd engages in the initiation, purchase, construction, and management of buildings in Israel and inter... More
Mivne Real 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 Mivne Real'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 Mivne Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 3.16 |
Mivne Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mivne Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mivne Real's standard deviation. In reality, there are many statistical measures that can use Mivne Real historical prices to predict the future Mivne Real's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.254 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.079 | |||
| Treynor Ratio | 1.33 |
Mivne Real Estate Backtested Returns
Mivne Real appears to be very steady, given 3 months investment horizon. Mivne Real Estate has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mivne Real, which you can use to evaluate the volatility of the firm. Please exercise Mivne Real's Mean Deviation of 1.54, downside deviation of 2.01, and Risk Adjusted Performance of 0.1222 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mivne Real holds a performance score of 11. 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, Mivne Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mivne Real is expected to be smaller as well. Please check Mivne Real's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Mivne Real's current price movements will revert.
Auto-correlation | 0.63 |
Good predictability
Mivne Real Estate has good predictability. Overlapping area represents the amount of predictability between Mivne Real time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 Mivne Real Estate price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Mivne Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 173.43 |
Mivne Real Estate lagged returns against current returns
Autocorrelation, which is Mivne Real 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 Mivne Real's stock expected returns. We can calculate the autocorrelation of Mivne Real returns to help us make a trade decision. For example, suppose you find that Mivne Real 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 |
Mivne Real 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 Mivne Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mivne Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mivne Real stock over time.
Current vs Lagged Prices |
| Timeline |
Mivne Real Lagged Returns
When evaluating Mivne Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mivne Real stock have on its future price. Mivne Real 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, Mivne Real autocorrelation shows the relationship between Mivne Real stock current value and its past values and can show if there is a momentum factor associated with investing in Mivne Real Estate.
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 Mivne Stock
Mivne Real financial ratios help investors to determine whether Mivne 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 Mivne with respect to the benefits of owning Mivne Real security.