Silver Castle (Israel) Market Value
| SLCL Stock | 551.90 56.30 9.26% |
| Symbol | Silver |
Silver Castle '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 Silver Castle'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 Silver Castle.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Silver Castle on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Castle Holdings or generate 0.0% return on investment in Silver Castle over 90 days. Silver Castle is related to or competes with Sofwave Medical, Tedea Technological, Hiron Trade, Sarine Technologies, One Software, Storage Drop, and Silver Castle. More
Silver Castle 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 Silver Castle'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 Silver Castle Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.52 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 4.26 |
Silver Castle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Castle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Castle's standard deviation. In reality, there are many statistical measures that can use Silver Castle historical prices to predict the future Silver Castle's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 1.9 |
Silver Castle Holdings Backtested Returns
Silver Castle Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0588, which indicates the firm had a -0.0588% return per unit of risk over the last 3 months. Silver Castle Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silver Castle's Coefficient Of Variation of (1,552), risk adjusted performance of (0.04), and Variance of 11.38 to confirm the risk estimate we provide. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Silver Castle are expected to decrease at a much lower rate. During the bear market, Silver Castle is likely to outperform the market. At this point, Silver Castle Holdings has a negative expected return of -0.19%. Please make sure to validate Silver Castle's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Silver Castle Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Silver Castle Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Silver Castle time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Silver Castle Holdings price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Silver Castle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1109.75 |
Silver Castle Holdings lagged returns against current returns
Autocorrelation, which is Silver Castle 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 Silver Castle's stock expected returns. We can calculate the autocorrelation of Silver Castle returns to help us make a trade decision. For example, suppose you find that Silver Castle 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 |
Silver Castle 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 Silver Castle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Castle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Castle stock over time.
Current vs Lagged Prices |
| Timeline |
Silver Castle Lagged Returns
When evaluating Silver Castle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Castle stock have on its future price. Silver Castle 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, Silver Castle autocorrelation shows the relationship between Silver Castle stock current value and its past values and can show if there is a momentum factor associated with investing in Silver Castle Holdings.
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 Silver Stock
Silver Castle financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver Castle security.