Peninsula (Israel) Market Value
| PEN Stock | 203.90 0.90 0.44% |
| Symbol | Peninsula |
Peninsula '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 Peninsula'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 Peninsula.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Peninsula on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Peninsula Group or generate 0.0% return on investment in Peninsula over 30 days. Peninsula is related to or competes with Opal Balance, Nawi Brothers, Mizrahi Tefahot, SR Accord, and Rami Levi. Peninsula Group Ltd. provides credit to small and medium-sized businesses in Israel More
Peninsula 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 Peninsula'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 Peninsula Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.1751 | |||
| Maximum Drawdown | 9.93 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.29 |
Peninsula Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peninsula's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peninsula's standard deviation. In reality, there are many statistical measures that can use Peninsula historical prices to predict the future Peninsula's volatility.| Risk Adjusted Performance | 0.1916 | |||
| Jensen Alpha | 0.4018 | |||
| Total Risk Alpha | 0.1563 | |||
| Sortino Ratio | 0.216 | |||
| Treynor Ratio | 1.1 |
Peninsula Group Backtested Returns
Peninsula appears to be very steady, given 3 months investment horizon. Peninsula Group maintains Sharpe Ratio (i.e., Efficiency) of 0.35, which implies the firm had a 0.35% return per unit of risk over the last 3 months. By analyzing Peninsula's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please evaluate Peninsula's Risk Adjusted Performance of 0.1916, semi deviation of 1.16, and Coefficient Of Variation of 411.63 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Peninsula holds a performance score of 27. The company holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peninsula's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peninsula is expected to be smaller as well. Please check Peninsula's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Peninsula's historical price patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Peninsula Group has good predictability. Overlapping area represents the amount of predictability between Peninsula time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Peninsula Group price movement. The serial correlation of 0.73 indicates that around 73.0% of current Peninsula price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 6.65 |
Peninsula Group lagged returns against current returns
Autocorrelation, which is Peninsula 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 Peninsula's stock expected returns. We can calculate the autocorrelation of Peninsula returns to help us make a trade decision. For example, suppose you find that Peninsula 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 |
Peninsula 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 Peninsula stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peninsula stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peninsula stock over time.
Current vs Lagged Prices |
| Timeline |
Peninsula Lagged Returns
When evaluating Peninsula's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peninsula stock have on its future price. Peninsula 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, Peninsula autocorrelation shows the relationship between Peninsula stock current value and its past values and can show if there is a momentum factor associated with investing in Peninsula Group.
Regressed Prices |
| Timeline |
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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 Peninsula Stock
Peninsula financial ratios help investors to determine whether Peninsula 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 Peninsula with respect to the benefits of owning Peninsula security.