Nawi Brothers (Israel) Market Value
| NAWI Stock | ILS 3,366 109.00 3.14% |
| Symbol | Nawi |
Nawi Brothers '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 Nawi Brothers' 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 Nawi Brothers.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Nawi Brothers on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Nawi Brothers Group or generate 0.0% return on investment in Nawi Brothers over 30 days. Nawi Brothers is related to or competes with Elbit Systems, Discount Investment, AudioCodes, and Shufersal. Nawi Brothers Group Ltd provides finance and non-bank credit services to companies and businesses in various sectors in ... More
Nawi Brothers 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 Nawi Brothers' 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 Nawi Brothers Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.1657 | |||
| Maximum Drawdown | 7.16 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.79 |
Nawi Brothers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nawi Brothers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nawi Brothers' standard deviation. In reality, there are many statistical measures that can use Nawi Brothers historical prices to predict the future Nawi Brothers' volatility.| Risk Adjusted Performance | 0.1895 | |||
| Jensen Alpha | 0.3958 | |||
| Total Risk Alpha | 0.1347 | |||
| Sortino Ratio | 0.1699 | |||
| Treynor Ratio | 3.68 |
Nawi Brothers Group Backtested Returns
Nawi Brothers appears to be very steady, given 3 months investment horizon. Nawi Brothers Group has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nawi Brothers, which you can use to evaluate the volatility of the firm. Please exercise Nawi Brothers' Mean Deviation of 1.41, risk adjusted performance of 0.1895, and Downside Deviation of 1.7 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nawi Brothers holds a performance score of 17. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nawi Brothers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nawi Brothers is expected to be smaller as well. Please check Nawi Brothers' value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Nawi Brothers' current price movements will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Nawi Brothers Group has virtually no predictability. Overlapping area represents the amount of predictability between Nawi Brothers time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Nawi Brothers Group price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Nawi Brothers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 3909.43 |
Nawi Brothers Group lagged returns against current returns
Autocorrelation, which is Nawi Brothers 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 Nawi Brothers' stock expected returns. We can calculate the autocorrelation of Nawi Brothers returns to help us make a trade decision. For example, suppose you find that Nawi Brothers 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 |
Nawi Brothers 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 Nawi Brothers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nawi Brothers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nawi Brothers stock over time.
Current vs Lagged Prices |
| Timeline |
Nawi Brothers Lagged Returns
When evaluating Nawi Brothers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nawi Brothers stock have on its future price. Nawi Brothers 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, Nawi Brothers autocorrelation shows the relationship between Nawi Brothers stock current value and its past values and can show if there is a momentum factor associated with investing in Nawi Brothers Group.
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 Nawi Stock
Nawi Brothers financial ratios help investors to determine whether Nawi 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 Nawi with respect to the benefits of owning Nawi Brothers security.