M Yochananof (Israel) Market Value
| YHNF Stock | ILA 23,880 520.00 2.13% |
| 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.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in M Yochananof on February 27, 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 270 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 | 2.2 | |||
| Information Ratio | 0.1084 | |||
| 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 | 0.1417 | |||
| Jensen Alpha | 0.3269 | |||
| Total Risk Alpha | 0.0272 | |||
| Sortino Ratio | 0.0941 | |||
| Treynor Ratio | 81.85 |
M Yochananof Backtested Returns
M Yochananof appears to be very steady, given 3 months investment horizon. M Yochananof has Sharpe Ratio of 0.15, which conveys that the company had a 0.15% 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 exercise M Yochananof's downside deviation of 2.2, and Mean Deviation of 1.5 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, M Yochananof holds a performance score of 11. The firm secures a Beta (Market Risk) of 0.004, 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. Please check M Yochananof's potential upside, semi variance, skewness, as well as the relationship between the downside variance and expected short fall , to make a quick decision on whether M Yochananof's current price movements will revert.
Auto-correlation | 0.62 |
Good predictability
M Yochananof and has good predictability. Overlapping area represents the amount of predictability between M Yochananof 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 M Yochananof price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current M Yochananof price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 3.4 M |
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 |
| Timeline |
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.