Adgar Investments (Israel) Market Value
| ADGR Stock | ILS 426.50 1.90 0.44% |
| Symbol | Adgar |
Adgar Investments '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 Adgar Investments' 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 Adgar Investments.
| 05/11/2024 |
| 06/10/2024 |
If you would invest 0.00 in Adgar Investments on May 11, 2024 and sell it all today you would earn a total of 0.00 from holding Adgar Investments and or generate 0.0% return on investment in Adgar Investments over 30 days. Adgar Investments is related to or competes with Melisron, Fattal 1998, Azrieli, Clal Insurance, and Alony Hetz. Adgar Investments and Development Limited engages in the real estate activities More
Adgar Investments 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 Adgar Investments' 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 Adgar Investments and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.07 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.54 |
Adgar Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adgar Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adgar Investments' standard deviation. In reality, there are many statistical measures that can use Adgar Investments historical prices to predict the future Adgar Investments' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.235 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adgar Investments' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Adgar Investments Backtested Returns
Adgar Investments secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Adgar Investments and exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adgar Investments' mean deviation of 1.39, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Adgar Investments are expected to decrease at a much lower rate. During the bear market, Adgar Investments is likely to outperform the market. At this point, Adgar Investments has a negative expected return of -0.26%. Please make sure to confirm Adgar Investments' coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Adgar Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Adgar Investments and has modest predictability. Overlapping area represents the amount of predictability between Adgar Investments time series from 11th of May 2024 to 26th of May 2024 and 26th of May 2024 to 10th of June 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 Adgar Investments price movement. The serial correlation of 0.5 indicates that about 50.0% of current Adgar Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 93.26 |
Adgar Investments lagged returns against current returns
Autocorrelation, which is Adgar Investments 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 Adgar Investments' stock expected returns. We can calculate the autocorrelation of Adgar Investments returns to help us make a trade decision. For example, suppose you find that Adgar Investments 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 |
Adgar Investments 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 Adgar Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adgar Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adgar Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Adgar Investments Lagged Returns
When evaluating Adgar Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adgar Investments stock have on its future price. Adgar Investments 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, Adgar Investments autocorrelation shows the relationship between Adgar Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Adgar Investments 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 Adgar Stock
Adgar Investments financial ratios help investors to determine whether Adgar 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 Adgar with respect to the benefits of owning Adgar Investments security.