Storage Drop (Israel) Market Value
| STRG Stock | 35.00 0.80 2.23% |
| Symbol | Storage |
Storage Drop '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 Storage Drop'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 Storage Drop.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Storage Drop on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Storage Drop Storage or generate 0.0% return on investment in Storage Drop over 30 days. Storage Drop is related to or competes with Batm Advanced, Millennium Food, GODM Investments, Bezeq Israeli, Suny Cellular, and Azorim Investment. More
Storage Drop 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 Storage Drop'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 Storage Drop Storage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 19.16 | |||
| Value At Risk | (6.73) | |||
| Potential Upside | 5.12 |
Storage Drop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Storage Drop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Storage Drop's standard deviation. In reality, there are many statistical measures that can use Storage Drop historical prices to predict the future Storage Drop's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | 3.93 |
Storage Drop Storage Backtested Returns
Storage Drop Storage owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.33, which indicates the firm had a -0.33% return per unit of risk over the last 3 months. Storage Drop Storage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Storage Drop's Risk Adjusted Performance of (0.19), coefficient of variation of (385.16), and Variance of 13.17 to confirm the risk estimate we provide. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Storage Drop are expected to decrease at a much lower rate. During the bear market, Storage Drop is likely to outperform the market. At this point, Storage Drop Storage has a negative expected return of -1.2%. Please make sure to validate Storage Drop's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Storage Drop Storage performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Storage Drop Storage has good predictability. Overlapping area represents the amount of predictability between Storage Drop time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 Storage Drop Storage price movement. The serial correlation of 0.79 indicates that around 79.0% of current Storage Drop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 8.33 |
Storage Drop Storage lagged returns against current returns
Autocorrelation, which is Storage Drop 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 Storage Drop's stock expected returns. We can calculate the autocorrelation of Storage Drop returns to help us make a trade decision. For example, suppose you find that Storage Drop 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 |
Storage Drop 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 Storage Drop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Storage Drop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Storage Drop stock over time.
Current vs Lagged Prices |
| Timeline |
Storage Drop Lagged Returns
When evaluating Storage Drop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Storage Drop stock have on its future price. Storage Drop 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, Storage Drop autocorrelation shows the relationship between Storage Drop stock current value and its past values and can show if there is a momentum factor associated with investing in Storage Drop Storage.
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 Storage Stock
Storage Drop financial ratios help investors to determine whether Storage 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 Storage with respect to the benefits of owning Storage Drop security.