Unet Credit (Israel) Market Value
| UNCR Stock | ILA 300.00 0.00 0.00% |
| Symbol | Unet |
Unet Credit '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 Unet Credit'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 Unet Credit.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Unet Credit on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Unet Credit Finance or generate 0.0% return on investment in Unet Credit over 270 days. Unet Credit is related to or competes with Azrieli, Melisron, Amot Investments, Mivne Real, Big Shopping, Mivne Real, and Alony Hetz. Unet Credit Finance Services Ltd offers various insurance products and services to families and businesses in Israel More
Unet Credit 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 Unet Credit'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 Unet Credit Finance upside and downside potential and time the market with a certain degree of confidence.
Unet Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unet Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unet Credit's standard deviation. In reality, there are many statistical measures that can use Unet Credit historical prices to predict the future Unet Credit's volatility.Unet Credit Finance Backtested Returns
We have found three technical indicators for Unet Credit Finance, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Unet Credit are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Unet Credit Finance has no correlation between past and present. Overlapping area represents the amount of predictability between Unet Credit time series from 27th of February 2024 to 11th of July 2024 and 11th of July 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 Unet Credit Finance price movement. The serial correlation of 0.0 indicates that just 0.0% of current Unet Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Unet Credit Finance lagged returns against current returns
Autocorrelation, which is Unet Credit 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 Unet Credit's stock expected returns. We can calculate the autocorrelation of Unet Credit returns to help us make a trade decision. For example, suppose you find that Unet Credit 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 |
Unet Credit 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 Unet Credit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unet Credit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unet Credit stock over time.
Current vs Lagged Prices |
| Timeline |
Unet Credit Lagged Returns
When evaluating Unet Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unet Credit stock have on its future price. Unet Credit 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, Unet Credit autocorrelation shows the relationship between Unet Credit stock current value and its past values and can show if there is a momentum factor associated with investing in Unet Credit Finance.
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 Unet Stock
Unet Credit financial ratios help investors to determine whether Unet 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 Unet with respect to the benefits of owning Unet Credit security.