Together Startup (Israel) Market Value
| TGTR Stock | 441.70 1.70 0.39% |
| Symbol | Together |
Together Startup '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 Together Startup'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 Together Startup.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Together Startup on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Together Startup Network or generate 0.0% return on investment in Together Startup over 30 days. Together Startup is related to or competes with Israel China, Gold Bond, Overseas Commerce, Big Tech, and Clal Industries. Together Pharma Ltd engages in growing, producing, and distributing medical cannabis products in Israel More
Together Startup 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 Together Startup'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 Together Startup Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.29 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 53.44 | |||
| Value At Risk | (7.90) | |||
| Potential Upside | 6.21 |
Together Startup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Together Startup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Together Startup's standard deviation. In reality, there are many statistical measures that can use Together Startup historical prices to predict the future Together Startup's volatility.| Risk Adjusted Performance | 0.019 | |||
| Jensen Alpha | 0.1259 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.24) |
Together Startup Network Backtested Returns
Together Startup appears to be very steady, given 3 months investment horizon. Together Startup Network owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0308, which indicates the firm had a 0.0308% return per unit of risk over the last 3 months. We have found thirty technical indicators for Together Startup Network, which you can use to evaluate the volatility of the company. Please review Together Startup's Risk Adjusted Performance of 0.019, coefficient of variation of 7538.75, and Semi Deviation of 4.11 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Together Startup holds a performance score of 2. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Together Startup are expected to decrease at a much lower rate. During the bear market, Together Startup is likely to outperform the market. Please check Together Startup's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Together Startup's existing price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Together Startup Network has poor reverse predictability. Overlapping area represents the amount of predictability between Together Startup time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Together Startup Network price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Together Startup price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 956.64 |
Together Startup Network lagged returns against current returns
Autocorrelation, which is Together Startup 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 Together Startup's stock expected returns. We can calculate the autocorrelation of Together Startup returns to help us make a trade decision. For example, suppose you find that Together Startup 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 |
Together Startup 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 Together Startup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Together Startup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Together Startup stock over time.
Current vs Lagged Prices |
| Timeline |
Together Startup Lagged Returns
When evaluating Together Startup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Together Startup stock have on its future price. Together Startup 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, Together Startup autocorrelation shows the relationship between Together Startup stock current value and its past values and can show if there is a momentum factor associated with investing in Together Startup Network.
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 Together Stock
Together Startup financial ratios help investors to determine whether Together 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 Together with respect to the benefits of owning Together Startup security.