Savoreat (Israel) Market Value
| SVRT Stock | ILA 392.70 9.20 2.29% |
| Symbol | Savoreat |
Savoreat '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 Savoreat'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 Savoreat.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Savoreat on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Savoreat or generate 0.0% return on investment in Savoreat over 360 days. Savoreat is related to or competes with Altshuler Shaham, Harel Insurance, Ram On, GODM Investments, Scope Metals, Hiron Trade, and Payment Financial. SavorEat Ltd. develops plant-based meat alternative products using 3D printing technology for fast-moving kitchens More
Savoreat 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 Savoreat'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 Savoreat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 48.17 | |||
| Value At Risk | (8.04) | |||
| Potential Upside | 6.31 |
Savoreat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Savoreat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Savoreat's standard deviation. In reality, there are many statistical measures that can use Savoreat historical prices to predict the future Savoreat's volatility.| Risk Adjusted Performance | 0.0038 | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.02) |
Savoreat Backtested Returns
Savoreat owns Efficiency Ratio (i.e., Sharpe Ratio) of -1.0E-4, which indicates the firm had a -1.0E-4% return per unit of risk over the last 3 months. Savoreat exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Savoreat's Variance of 49.21, risk adjusted performance of 0.0038, and Coefficient Of Variation of (14,939) to confirm the risk estimate we provide. The entity has a beta of 3.28, which indicates 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, Savoreat will likely underperform. At this point, Savoreat has a negative expected return of -9.0E-4%. Please make sure to validate Savoreat's skewness, daily balance of power, day median price, as well as the relationship between the kurtosis and rate of daily change , to decide if Savoreat performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Savoreat has good reverse predictability. Overlapping area represents the amount of predictability between Savoreat time series from 29th of November 2023 to 27th of May 2024 and 27th of May 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 Savoreat price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Savoreat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 10.3 K |
Savoreat lagged returns against current returns
Autocorrelation, which is Savoreat 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 Savoreat's stock expected returns. We can calculate the autocorrelation of Savoreat returns to help us make a trade decision. For example, suppose you find that Savoreat 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 |
Savoreat 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 Savoreat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Savoreat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Savoreat stock over time.
Current vs Lagged Prices |
| Timeline |
Savoreat Lagged Returns
When evaluating Savoreat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Savoreat stock have on its future price. Savoreat 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, Savoreat autocorrelation shows the relationship between Savoreat stock current value and its past values and can show if there is a momentum factor associated with investing in Savoreat.
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 Savoreat Stock
Savoreat financial ratios help investors to determine whether Savoreat 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 Savoreat with respect to the benefits of owning Savoreat security.