Tadiran Hldg (Israel) Market Value
| TDRN Stock | ILS 21,800 410.00 1.92% |
| Symbol | Tadiran |
Tadiran Hldg '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 Tadiran Hldg'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 Tadiran Hldg.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Tadiran Hldg on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Tadiran Hldg or generate 0.0% return on investment in Tadiran Hldg over 30 days. Tadiran Hldg is related to or competes with Direct Capital, Safe T, Israel China, and Biomedix Incubator. Tadiran Holdings Ltd, through its subsidiaries, engages in the development, manufacturing, import, marketing, and distri... More
Tadiran Hldg 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 Tadiran Hldg'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 Tadiran Hldg upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0354 | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.69 |
Tadiran Hldg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tadiran Hldg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tadiran Hldg's standard deviation. In reality, there are many statistical measures that can use Tadiran Hldg historical prices to predict the future Tadiran Hldg's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 0.1726 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | 0.6278 |
Tadiran Hldg Backtested Returns
Tadiran Hldg appears to be very steady, given 3 months investment horizon. Tadiran Hldg owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0745, which indicates the firm had a 0.0745% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tadiran Hldg, which you can use to evaluate the volatility of the company. Please review Tadiran Hldg's Semi Deviation of 2.09, risk adjusted performance of 0.0711, and Coefficient Of Variation of 1195.16 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tadiran Hldg holds a performance score of 5. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tadiran Hldg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tadiran Hldg is expected to be smaller as well. Please check Tadiran Hldg's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Tadiran Hldg's existing price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Tadiran Hldg has very good reverse predictability. Overlapping area represents the amount of predictability between Tadiran Hldg 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 Tadiran Hldg price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Tadiran Hldg price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 M |
Tadiran Hldg lagged returns against current returns
Autocorrelation, which is Tadiran Hldg 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 Tadiran Hldg's stock expected returns. We can calculate the autocorrelation of Tadiran Hldg returns to help us make a trade decision. For example, suppose you find that Tadiran Hldg 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 |
Tadiran Hldg 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 Tadiran Hldg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tadiran Hldg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tadiran Hldg stock over time.
Current vs Lagged Prices |
| Timeline |
Tadiran Hldg Lagged Returns
When evaluating Tadiran Hldg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tadiran Hldg stock have on its future price. Tadiran Hldg 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, Tadiran Hldg autocorrelation shows the relationship between Tadiran Hldg stock current value and its past values and can show if there is a momentum factor associated with investing in Tadiran Hldg.
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 Tadiran Stock
Tadiran Hldg financial ratios help investors to determine whether Tadiran 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 Tadiran with respect to the benefits of owning Tadiran Hldg security.