Plasto Cargal (Israel) Market Value
| PLCR Stock | 659.90 15.80 2.34% |
| Symbol | Plasto |
Plasto Cargal '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 Plasto Cargal'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 Plasto Cargal.
| 07/23/2024 |
| 01/14/2026 |
If you would invest 0.00 in Plasto Cargal on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Plasto Cargal Group or generate 0.0% return on investment in Plasto Cargal over 540 days. Plasto Cargal is related to or competes with Bram Indus, Foresight Autonomous, Plastofil, Averbuch Formica, and Brill Shoe. Plasto Cargal Group Ltd develops, manufactures, and markets corrugated board and flexible packaging solutions to agricul... More
Plasto Cargal 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 Plasto Cargal'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 Plasto Cargal Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.93 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 4.29 |
Plasto Cargal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plasto Cargal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plasto Cargal's standard deviation. In reality, there are many statistical measures that can use Plasto Cargal historical prices to predict the future Plasto Cargal's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0454 |
Plasto Cargal Group Backtested Returns
At this point, Plasto Cargal is very steady. Plasto Cargal Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0285, which implies the firm had a 0.0285 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Plasto Cargal Group, which you can use to evaluate the volatility of the company. Please check Plasto Cargal's Semi Deviation of 1.49, coefficient of variation of 8290.77, and Risk Adjusted Performance of 0.016 to confirm if the risk estimate we provide is consistent with the expected return of 0.0681%. Plasto Cargal has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Plasto Cargal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plasto Cargal is expected to be smaller as well. Plasto Cargal Group right now holds a risk of 2.39%. Please check Plasto Cargal Group mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Plasto Cargal Group will be following its historical price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Plasto Cargal Group has virtually no predictability. Overlapping area represents the amount of predictability between Plasto Cargal time series from 23rd of July 2024 to 19th of April 2025 and 19th of April 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Plasto Cargal Group price movement. The serial correlation of 0.03 indicates that only 3.0% of current Plasto Cargal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1923.11 |
Plasto Cargal Group lagged returns against current returns
Autocorrelation, which is Plasto Cargal 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 Plasto Cargal's stock expected returns. We can calculate the autocorrelation of Plasto Cargal returns to help us make a trade decision. For example, suppose you find that Plasto Cargal 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 |
Plasto Cargal 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 Plasto Cargal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plasto Cargal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plasto Cargal stock over time.
Current vs Lagged Prices |
| Timeline |
Plasto Cargal Lagged Returns
When evaluating Plasto Cargal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plasto Cargal stock have on its future price. Plasto Cargal 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, Plasto Cargal autocorrelation shows the relationship between Plasto Cargal stock current value and its past values and can show if there is a momentum factor associated with investing in Plasto Cargal 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 Plasto Stock
Plasto Cargal financial ratios help investors to determine whether Plasto 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 Plasto with respect to the benefits of owning Plasto Cargal security.