M Yochananof (Israel) Market Value
| YHNF Stock | ILA 23,910 10.00 0.04% |
| Symbol | YHNF |
M Yochananof '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 M Yochananof'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 M Yochananof.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in M Yochananof on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding M Yochananof and or generate 0.0% return on investment in M Yochananof over 30 days. M Yochananof is related to or competes with Rami Levi, Shufersal, Strauss, Victory Supermarket, and Tiv Taam. M.Yochananof and Sons Ltd operates a chain of Yohananof supermarkets in Israel More
M Yochananof 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 M Yochananof'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 M Yochananof and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.1142 | |||
| Maximum Drawdown | 8.57 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 3.29 |
M Yochananof Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for M Yochananof's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M Yochananof's standard deviation. In reality, there are many statistical measures that can use M Yochananof historical prices to predict the future M Yochananof's volatility.| Risk Adjusted Performance | 0.1464 | |||
| Jensen Alpha | 0.3265 | |||
| Total Risk Alpha | 0.0392 | |||
| Sortino Ratio | 0.0996 | |||
| Treynor Ratio | 5.25 |
M Yochananof Backtested Returns
At this point, M Yochananof is very steady. M Yochananof has Sharpe Ratio of 0.0962, which conveys that the company had a 0.0962% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for M Yochananof, which you can use to evaluate the volatility of the entity. Please verify M Yochananof's downside deviation of 2.15, and Mean Deviation of 1.44 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. M Yochananof has a performance score of 7 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.0636, which conveys not very significant fluctuations relative to the market. As returns on the market increase, M Yochananof's returns are expected to increase less than the market. However, during the bear market, the loss of holding M Yochananof is expected to be smaller as well. M Yochananof at this moment secures a risk of 1.82%. Please verify M Yochananof and potential upside, semi variance, skewness, as well as the relationship between the downside variance and expected short fall , to decide if M Yochananof and will be following its current price movements.
Auto-correlation | -0.42 |
Modest reverse predictability
M Yochananof and has modest reverse predictability. Overlapping area represents the amount of predictability between M Yochananof time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 M Yochananof price movement. The serial correlation of -0.42 indicates that just about 42.0% of current M Yochananof price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 40.2 K |
M Yochananof lagged returns against current returns
Autocorrelation, which is M Yochananof 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 M Yochananof's stock expected returns. We can calculate the autocorrelation of M Yochananof returns to help us make a trade decision. For example, suppose you find that M Yochananof 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 |
M Yochananof 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 M Yochananof stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M Yochananof stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M Yochananof stock over time.
Current vs Lagged Prices |
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M Yochananof Lagged Returns
When evaluating M Yochananof's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M Yochananof stock have on its future price. M Yochananof 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, M Yochananof autocorrelation shows the relationship between M Yochananof stock current value and its past values and can show if there is a momentum factor associated with investing in M Yochananof and.
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 YHNF Stock
M Yochananof financial ratios help investors to determine whether YHNF 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 YHNF with respect to the benefits of owning M Yochananof security.