Ratio Oil (Israel) Market Value
| RATI Stock | 347.90 1.10 0.32% |
| Symbol | Ratio |
Ratio Oil '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 Ratio Oil'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 Ratio Oil.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Ratio Oil on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Ratio Oil Explorations or generate 0.0% return on investment in Ratio Oil over 330 days. Ratio Oil is related to or competes with Amot Investments, Petrochemical, YD More, Aura Investments, and Victory Supermarket. More
Ratio Oil 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 Ratio Oil'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 Ratio Oil Explorations upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0726 | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.75 |
Ratio Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ratio Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ratio Oil's standard deviation. In reality, there are many statistical measures that can use Ratio Oil historical prices to predict the future Ratio Oil's volatility.| Risk Adjusted Performance | 0.1108 | |||
| Jensen Alpha | 0.2915 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0756 | |||
| Treynor Ratio | (1.51) |
Ratio Oil Explorations Backtested Returns
Ratio Oil appears to be very steady, given 3 months investment horizon. Ratio Oil Explorations maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ratio Oil Explorations, which you can use to evaluate the volatility of the company. Please evaluate Ratio Oil's Semi Deviation of 1.74, risk adjusted performance of 0.1108, and Coefficient Of Variation of 734.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ratio Oil holds a performance score of 16. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ratio Oil are expected to decrease at a much lower rate. During the bear market, Ratio Oil is likely to outperform the market. Please check Ratio Oil's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Ratio Oil's historical price patterns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
Ratio Oil Explorations has good reverse predictability. Overlapping area represents the amount of predictability between Ratio Oil time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Ratio Oil Explorations price movement. The serial correlation of -0.53 indicates that about 53.0% of current Ratio Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 652.14 |
Ratio Oil Explorations lagged returns against current returns
Autocorrelation, which is Ratio Oil 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 Ratio Oil's stock expected returns. We can calculate the autocorrelation of Ratio Oil returns to help us make a trade decision. For example, suppose you find that Ratio Oil 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 |
Ratio Oil 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 Ratio Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ratio Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ratio Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Ratio Oil Lagged Returns
When evaluating Ratio Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ratio Oil stock have on its future price. Ratio Oil 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, Ratio Oil autocorrelation shows the relationship between Ratio Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Ratio Oil Explorations.
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 Ratio Stock
Ratio Oil financial ratios help investors to determine whether Ratio 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 Ratio with respect to the benefits of owning Ratio Oil security.