Rail Vision Ltd Stock Market Value
| RVSN Stock | USD 0.49 0.03 6.52% |
| Symbol | Rail |
Rail Vision Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rail Vision. If investors know Rail will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rail Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.60) | Revenue Per Share 0.119 | Quarterly Revenue Growth (0.30) | Return On Assets (0.52) | Return On Equity (3.31) |
The market value of Rail Vision is measured differently than its book value, which is the value of Rail that is recorded on the company's balance sheet. Investors also form their own opinion of Rail Vision's value that differs from its market value or its book value, called intrinsic value, which is Rail Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rail Vision's market value can be influenced by many factors that don't directly affect Rail Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rail Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rail Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rail Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Rail Vision '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 Rail Vision'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 Rail Vision.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Rail Vision on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Rail Vision Ltd or generate 0.0% return on investment in Rail Vision over 30 days. Rail Vision is related to or competes with Radware, Metalink, Radcom, AudioCodes, and Allovir. Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, effic... More
Rail Vision 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 Rail Vision'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 Rail Vision Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 36.36 | |||
| Value At Risk | (9.26) | |||
| Potential Upside | 6.82 |
Rail Vision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rail Vision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rail Vision's standard deviation. In reality, there are many statistical measures that can use Rail Vision historical prices to predict the future Rail Vision's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rail Vision's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rail Vision Backtested Returns
As of now, Rail Stock is dangerous. Rail Vision maintains Sharpe Ratio (i.e., Efficiency) of 0.0036, which implies the firm had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Rail Vision, which you can use to evaluate the volatility of the company. Please check Rail Vision's Variance of 37.58, coefficient of variation of (2,699), and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0221%. The company holds a Beta of 1.5, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rail Vision will likely underperform. Rail Vision right now holds a risk of 6.13%. Please check Rail Vision jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Rail Vision will be following its historical price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Rail Vision Ltd has insignificant reverse predictability. Overlapping area represents the amount of predictability between Rail Vision time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Rail Vision price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Rail Vision price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rail Vision lagged returns against current returns
Autocorrelation, which is Rail Vision 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 Rail Vision's stock expected returns. We can calculate the autocorrelation of Rail Vision returns to help us make a trade decision. For example, suppose you find that Rail Vision 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 |
Rail Vision 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 Rail Vision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rail Vision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rail Vision stock over time.
Current vs Lagged Prices |
| Timeline |
Rail Vision Lagged Returns
When evaluating Rail Vision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rail Vision stock have on its future price. Rail Vision 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, Rail Vision autocorrelation shows the relationship between Rail Vision stock current value and its past values and can show if there is a momentum factor associated with investing in Rail Vision Ltd.
Regressed Prices |
| Timeline |
Pair Trading with Rail Vision
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rail Vision position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rail Vision will appreciate offsetting losses from the drop in the long position's value.Moving against Rail Stock
The ability to find closely correlated positions to Rail Vision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rail Vision when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rail Vision - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rail Vision Ltd to buy it.
The correlation of Rail Vision is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rail Vision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rail Vision moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rail Vision can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Rail Vision Correlation, Rail Vision Volatility and Rail Vision Alpha and Beta module to complement your research on Rail Vision. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Rail Vision technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.