Sapiens International (Israel) Market Value
| SPNS Stock | 10,210 110.00 1.09% |
| Symbol | Sapiens |
Sapiens International '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 Sapiens International'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 Sapiens International.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Sapiens International on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Sapiens International or generate 0.0% return on investment in Sapiens International over 30 days. Sapiens International is related to or competes with Nova, Nice, Matrix, Magic Software, and Tower Semiconductor. Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries i... More
Sapiens International 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 Sapiens International'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 Sapiens International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 30.3 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 2.41 |
Sapiens International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sapiens International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sapiens International's standard deviation. In reality, there are many statistical measures that can use Sapiens International historical prices to predict the future Sapiens International's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.45) |
Sapiens International Backtested Returns
Sapiens International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Sapiens International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sapiens International's Coefficient Of Variation of (827.47), variance of 12.84, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Sapiens International returns are very sensitive to returns on the market. As the market goes up or down, Sapiens International is expected to follow. At this point, Sapiens International has a negative expected return of -0.46%. Please make sure to validate Sapiens International's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Sapiens International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Sapiens International has modest reverse predictability. Overlapping area represents the amount of predictability between Sapiens International time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Sapiens International price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Sapiens International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
Sapiens International lagged returns against current returns
Autocorrelation, which is Sapiens International 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 Sapiens International's stock expected returns. We can calculate the autocorrelation of Sapiens International returns to help us make a trade decision. For example, suppose you find that Sapiens International 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 |
Sapiens International 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 Sapiens International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sapiens International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sapiens International stock over time.
Current vs Lagged Prices |
| Timeline |
Sapiens International Lagged Returns
When evaluating Sapiens International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sapiens International stock have on its future price. Sapiens International 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, Sapiens International autocorrelation shows the relationship between Sapiens International stock current value and its past values and can show if there is a momentum factor associated with investing in Sapiens International.
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.Additional Information and Resources on Investing in Sapiens Stock
When determining whether Sapiens International is a strong investment it is important to analyze Sapiens International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sapiens International's future performance. For an informed investment choice regarding Sapiens Stock, refer to the following important reports:Check out Sapiens International Correlation, Sapiens International Volatility and Sapiens International Alpha and Beta module to complement your research on Sapiens International. For information on how to trade Sapiens Stock refer to our How to Trade Sapiens Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Sapiens International 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.