Amanet Management (Israel) Market Value
| AMAN Stock | ILS 1,644 37.00 2.30% |
| Symbol | Amanet |
Amanet Management '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 Amanet Management'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 Amanet Management.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Amanet Management on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Amanet Management Systems or generate 0.0% return on investment in Amanet Management over 30 days. Amanet Management is related to or competes with EN Shoham, Accel Solutions, Mivtach Shamir, Rani Zim, and Telsys. Amanet Management Systems Ltd., through its subsidiaries, provides consulting, project management, and logistics service... More
Amanet Management 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 Amanet Management'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 Amanet Management Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.36 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.57 |
Amanet Management Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amanet Management's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amanet Management's standard deviation. In reality, there are many statistical measures that can use Amanet Management historical prices to predict the future Amanet Management's volatility.| Risk Adjusted Performance | 0.0487 | |||
| Jensen Alpha | 0.0669 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4313 |
Amanet Management Systems Backtested Returns
At this point, Amanet Management is very steady. Amanet Management Systems secures Sharpe Ratio (or Efficiency) of 0.0646, which signifies that the company had a 0.0646% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Amanet Management Systems, which you can use to evaluate the volatility of the firm. Please confirm Amanet Management's risk adjusted performance of 0.0487, and Mean Deviation of 1.18 to double-check if the risk estimate we provide is consistent with the expected return of 0.0988%. Amanet Management has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amanet Management's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amanet Management is expected to be smaller as well. Amanet Management Systems right now shows a risk of 1.53%. Please confirm Amanet Management Systems semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Amanet Management Systems will be following its price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
Amanet Management Systems has poor reverse predictability. Overlapping area represents the amount of predictability between Amanet Management time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Amanet Management Systems price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Amanet Management price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1493.78 |
Amanet Management Systems lagged returns against current returns
Autocorrelation, which is Amanet Management 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 Amanet Management's stock expected returns. We can calculate the autocorrelation of Amanet Management returns to help us make a trade decision. For example, suppose you find that Amanet Management 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 |
Amanet Management 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 Amanet Management stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amanet Management stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amanet Management stock over time.
Current vs Lagged Prices |
| Timeline |
Amanet Management Lagged Returns
When evaluating Amanet Management's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amanet Management stock have on its future price. Amanet Management 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, Amanet Management autocorrelation shows the relationship between Amanet Management stock current value and its past values and can show if there is a momentum factor associated with investing in Amanet Management Systems.
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 Amanet Stock
Amanet Management financial ratios help investors to determine whether Amanet 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 Amanet with respect to the benefits of owning Amanet Management security.