Rotem Shani (Israel) Market Value
| RTSN Stock | ILA 3,140 90.00 2.95% |
| Symbol | Rotem |
Rotem Shani '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 Rotem Shani'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 Rotem Shani.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Rotem Shani on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rotem Shani Entrepreneurship or generate 0.0% return on investment in Rotem Shani over 30 days. Rotem Shani is related to or competes with Aura Investments, Meitav Dash, Gilat Telecom, Analyst IMS, Oron Group, and Amanet Management. Rotem Shani Entrepreneurship and Investment Ltd More
Rotem Shani 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 Rotem Shani'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 Rotem Shani Entrepreneurship upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.2311 | |||
| Maximum Drawdown | 16.21 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 5.78 |
Rotem Shani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rotem Shani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rotem Shani's standard deviation. In reality, there are many statistical measures that can use Rotem Shani historical prices to predict the future Rotem Shani's volatility.| Risk Adjusted Performance | 0.2203 | |||
| Jensen Alpha | 0.7738 | |||
| Total Risk Alpha | 0.3273 | |||
| Sortino Ratio | 0.3144 | |||
| Treynor Ratio | (18.66) |
Rotem Shani Entrepre Backtested Returns
Rotem Shani appears to be very steady, given 3 months investment horizon. Rotem Shani Entrepre maintains Sharpe Ratio (i.e., Efficiency) of 0.31, which implies the firm had a 0.31% return per unit of risk over the last 3 months. By analyzing Rotem Shani's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please evaluate Rotem Shani's Coefficient Of Variation of 359.98, semi deviation of 1.39, and Risk Adjusted Performance of 0.2203 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rotem Shani holds a performance score of 24. The company holds a Beta of -0.0412, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rotem Shani are expected to decrease at a much lower rate. During the bear market, Rotem Shani is likely to outperform the market. Please check Rotem Shani's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Rotem Shani's historical price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Rotem Shani Entrepreneurship has very good predictability. Overlapping area represents the amount of predictability between Rotem Shani time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Rotem Shani Entrepre price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Rotem Shani price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 5227.73 |
Rotem Shani Entrepre lagged returns against current returns
Autocorrelation, which is Rotem Shani 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 Rotem Shani's stock expected returns. We can calculate the autocorrelation of Rotem Shani returns to help us make a trade decision. For example, suppose you find that Rotem Shani 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 |
Rotem Shani 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 Rotem Shani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rotem Shani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rotem Shani stock over time.
Current vs Lagged Prices |
| Timeline |
Rotem Shani Lagged Returns
When evaluating Rotem Shani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rotem Shani stock have on its future price. Rotem Shani 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, Rotem Shani autocorrelation shows the relationship between Rotem Shani stock current value and its past values and can show if there is a momentum factor associated with investing in Rotem Shani Entrepreneurship.
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 Rotem Stock
Rotem Shani financial ratios help investors to determine whether Rotem 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 Rotem with respect to the benefits of owning Rotem Shani security.