Prashkovsky (Israel) Market Value
| PRSK Stock | ILS 10,620 120.00 1.14% |
| Symbol | Prashkovsky |
Prashkovsky '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 Prashkovsky'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 Prashkovsky.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Prashkovsky on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Prashkovsky or generate 0.0% return on investment in Prashkovsky over 30 days. Prashkovsky is related to or competes with Fattal 1998, Azrieli, and Clal Insurance. Prashkovsky Investments and Construction Ltd More
Prashkovsky 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 Prashkovsky'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 Prashkovsky upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0809 | |||
| Maximum Drawdown | 9.01 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 5.03 |
Prashkovsky Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prashkovsky's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prashkovsky's standard deviation. In reality, there are many statistical measures that can use Prashkovsky historical prices to predict the future Prashkovsky's volatility.| Risk Adjusted Performance | 0.1126 | |||
| Jensen Alpha | 0.338 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0938 | |||
| Treynor Ratio | (2.42) |
Prashkovsky Backtested Returns
Prashkovsky appears to be very steady, given 3 months investment horizon. Prashkovsky maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Prashkovsky's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please evaluate Prashkovsky's Semi Deviation of 1.76, coefficient of variation of 722.32, and Risk Adjusted Performance of 0.1126 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Prashkovsky holds a performance score of 20. The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Prashkovsky are expected to decrease at a much lower rate. During the bear market, Prashkovsky is likely to outperform the market. Please check Prashkovsky's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Prashkovsky's historical price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Prashkovsky has very good reverse predictability. Overlapping area represents the amount of predictability between Prashkovsky time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Prashkovsky price movement. The serial correlation of -0.69 indicates that around 69.0% of current Prashkovsky price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 6009.88 |
Prashkovsky lagged returns against current returns
Autocorrelation, which is Prashkovsky 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 Prashkovsky's stock expected returns. We can calculate the autocorrelation of Prashkovsky returns to help us make a trade decision. For example, suppose you find that Prashkovsky 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 |
Prashkovsky 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 Prashkovsky stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prashkovsky stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prashkovsky stock over time.
Current vs Lagged Prices |
| Timeline |
Prashkovsky Lagged Returns
When evaluating Prashkovsky's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prashkovsky stock have on its future price. Prashkovsky 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, Prashkovsky autocorrelation shows the relationship between Prashkovsky stock current value and its past values and can show if there is a momentum factor associated with investing in Prashkovsky.
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 Prashkovsky Stock
Prashkovsky financial ratios help investors to determine whether Prashkovsky 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 Prashkovsky with respect to the benefits of owning Prashkovsky security.