One Software (Israel) Market Value
| ONE Stock | ILS 5,855 180.00 2.98% |
| Symbol | One |
One Software '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 One Software'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 One Software.
| 09/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in One Software on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding One Software Technologies or generate 0.0% return on investment in One Software over 420 days. One Software is related to or competes with Automatic Bank, EN Shoham, Rapac Communication, and Tadiran Hldg. One Software Technologies Ltd provides computer-based solutions in the industrial, hi-tech, banking, financial, insuranc... More
One Software 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 One Software'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 One Software Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 10.05 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.91 |
One Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Software's standard deviation. In reality, there are many statistical measures that can use One Software historical prices to predict the future One Software's volatility.| Risk Adjusted Performance | 0.0931 | |||
| Jensen Alpha | 0.2454 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0621 | |||
| Treynor Ratio | 2.3 |
One Software Technologies Backtested Returns
One Software appears to be very steady, given 3 months investment horizon. One Software Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for One Software Technologies, which you can use to evaluate the volatility of the company. Please evaluate One Software's Semi Deviation of 2.38, coefficient of variation of 883.59, and Risk Adjusted Performance of 0.0931 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, One Software holds a performance score of 18. The company holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, One Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding One Software is expected to be smaller as well. Please check One Software's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether One Software's historical price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
One Software Technologies has good predictability. Overlapping area represents the amount of predictability between One Software time series from 30th of September 2023 to 27th of April 2024 and 27th of April 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 One Software Technologies price movement. The serial correlation of 0.71 indicates that around 71.0% of current One Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 150.7 K |
One Software Technologies lagged returns against current returns
Autocorrelation, which is One Software 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 One Software's stock expected returns. We can calculate the autocorrelation of One Software returns to help us make a trade decision. For example, suppose you find that One Software 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 |
One Software 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 One Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Software stock over time.
Current vs Lagged Prices |
| Timeline |
One Software Lagged Returns
When evaluating One Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Software stock have on its future price. One Software 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, One Software autocorrelation shows the relationship between One Software stock current value and its past values and can show if there is a momentum factor associated with investing in One Software Technologies.
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 One Stock
One Software financial ratios help investors to determine whether One 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 One with respect to the benefits of owning One Software security.