Pluristem (Israel) Market Value
| PSTI Stock | ILS 2,010 13.00 0.65% |
| Symbol | Pluristem |
Pluristem '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 Pluristem'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 Pluristem.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Pluristem on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pluristem or generate 0.0% return on investment in Pluristem over 30 days. Pluristem is related to or competes with Veridis Environment, Clal Biotechnology, Harel Insurance, Suny Cellular, Terminal X, and Golan Plastic. Pluristem Therapeutics Inc., together with its subsidiary, Pluristem Ltd., operates as a bio-therapeutics company in Isr... More
Pluristem 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 Pluristem'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 Pluristem upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.24 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 24.27 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 8.12 |
Pluristem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pluristem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pluristem's standard deviation. In reality, there are many statistical measures that can use Pluristem historical prices to predict the future Pluristem's volatility.| Risk Adjusted Performance | 0.0264 | |||
| Jensen Alpha | 0.0691 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3511 |
Pluristem Backtested Returns
At this point, Pluristem is very steady. Pluristem maintains Sharpe Ratio (i.e., Efficiency) of 0.037, which implies the firm had a 0.037% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pluristem, which you can use to evaluate the volatility of the company. Please check Pluristem's Coefficient Of Variation of 4271.03, risk adjusted performance of 0.0264, and Semi Deviation of 4.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Pluristem has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pluristem's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pluristem is expected to be smaller as well. Pluristem right now holds a risk of 4.79%. Please check Pluristem treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Pluristem will be following its historical price patterns.
Auto-correlation | 0.32 |
Below average predictability
Pluristem has below average predictability. Overlapping area represents the amount of predictability between Pluristem time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Pluristem price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Pluristem price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 4201.45 |
Pluristem lagged returns against current returns
Autocorrelation, which is Pluristem 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 Pluristem's stock expected returns. We can calculate the autocorrelation of Pluristem returns to help us make a trade decision. For example, suppose you find that Pluristem 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 |
Pluristem 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 Pluristem stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pluristem stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pluristem stock over time.
Current vs Lagged Prices |
| Timeline |
Pluristem Lagged Returns
When evaluating Pluristem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pluristem stock have on its future price. Pluristem 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, Pluristem autocorrelation shows the relationship between Pluristem stock current value and its past values and can show if there is a momentum factor associated with investing in Pluristem.
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 Pluristem Stock
Pluristem financial ratios help investors to determine whether Pluristem 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 Pluristem with respect to the benefits of owning Pluristem security.