Al Bad (Israel) Market Value
| ALBA Stock | ILS 1,794 51.00 2.76% |
| Symbol | ALBA |
Al Bad '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 Al Bad'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 Al Bad.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Al Bad on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Al Bad Massuot Yitzhak or generate 0.0% return on investment in Al Bad over 90 days. Al Bad is related to or competes with Alony Hetz, Shufersal, Delek Automotive, Tiv Taam, and Rami Levi. Albaad Massuot Yitzhak Ltd produces and sells wipes worldwide More
Al Bad 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 Al Bad'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 Al Bad Massuot Yitzhak upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.95 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.26 |
Al Bad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Al Bad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Al Bad's standard deviation. In reality, there are many statistical measures that can use Al Bad historical prices to predict the future Al Bad's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.1726 | |||
| Treynor Ratio | 0.8946 |
Al Bad Massuot Backtested Returns
Al Bad Massuot retains Efficiency (Sharpe Ratio) of -0.0146, which signifies that the company had a -0.0146 % return per unit of price deviation over the last 3 months. Al Bad exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Al Bad's Market Risk Adjusted Performance of 0.9046, variance of 5.73, and Information Ratio of (0.01) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Al Bad are expected to decrease at a much lower rate. During the bear market, Al Bad is likely to outperform the market. At this point, Al Bad Massuot has a negative expected return of -0.0369%. Please make sure to confirm Al Bad's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Al Bad Massuot performance from the past will be repeated at some future date.
Auto-correlation | 0.03 |
Virtually no predictability
Al Bad Massuot Yitzhak has virtually no predictability. Overlapping area represents the amount of predictability between Al Bad time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Al Bad Massuot price movement. The serial correlation of 0.03 indicates that only 3.0% of current Al Bad price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 5215.44 |
Al Bad Massuot lagged returns against current returns
Autocorrelation, which is Al Bad 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 Al Bad's stock expected returns. We can calculate the autocorrelation of Al Bad returns to help us make a trade decision. For example, suppose you find that Al Bad 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 |
Al Bad 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 Al Bad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Al Bad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Al Bad stock over time.
Current vs Lagged Prices |
| Timeline |
Al Bad Lagged Returns
When evaluating Al Bad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Al Bad stock have on its future price. Al Bad 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, Al Bad autocorrelation shows the relationship between Al Bad stock current value and its past values and can show if there is a momentum factor associated with investing in Al Bad Massuot Yitzhak.
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 ALBA Stock
Al Bad financial ratios help investors to determine whether ALBA 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 ALBA with respect to the benefits of owning Al Bad security.