Partner (Israel) Market Value
| PTNR Stock | ILA 2,099 112.00 5.64% |
| Symbol | Partner |
Partner '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 Partner'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 Partner.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Partner on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Partner or generate 0.0% return on investment in Partner over 510 days. Partner is related to or competes with Cellcom Israel, Bezeq Israeli, Bank Hapoalim, Elbit Systems, and Nice. Partner Communications Company Ltd. provides various telecommunication services in Israel More
Partner 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 Partner'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 Partner upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 15.48 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.93 |
Partner Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partner's standard deviation. In reality, there are many statistical measures that can use Partner historical prices to predict the future Partner's volatility.| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | 0.3877 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | (0.91) |
Partner Backtested Returns
Partner appears to be very steady, given 3 months investment horizon. Partner maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Partner's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please evaluate Partner's Semi Deviation of 1.53, risk adjusted performance of 0.1088, and Coefficient Of Variation of 751.61 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Partner holds a performance score of 17. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Partner are expected to decrease at a much lower rate. During the bear market, Partner is likely to outperform the market. Please check Partner's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Partner's historical price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Partner has very weak predictability. Overlapping area represents the amount of predictability between Partner time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Partner price movement. The serial correlation of 0.19 indicates that over 19.0% of current Partner price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 12.4 K |
Partner lagged returns against current returns
Autocorrelation, which is Partner 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 Partner's stock expected returns. We can calculate the autocorrelation of Partner returns to help us make a trade decision. For example, suppose you find that Partner 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 |
Partner 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 Partner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partner stock over time.
Current vs Lagged Prices |
| Timeline |
Partner Lagged Returns
When evaluating Partner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partner stock have on its future price. Partner 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, Partner autocorrelation shows the relationship between Partner stock current value and its past values and can show if there is a momentum factor associated with investing in Partner.
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 Partner Stock
Partner financial ratios help investors to determine whether Partner 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 Partner with respect to the benefits of owning Partner security.