Arad Investment (Israel) Market Value
| ARAD Stock | ILS 13,710 240.00 1.72% |
| Symbol | Arad |
Arad Investment '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 Arad Investment'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 Arad Investment.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Arad Investment on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Arad Investment Industrial or generate 0.0% return on investment in Arad Investment over 30 days. Arad Investment is related to or competes with Arad, Alony Hetz, Airport City, and Harel Insurance. Arad Investment Industrial Development Ltd., through its subsidiaries, engages in real estate, information technologies,... More
Arad Investment 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 Arad Investment'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 Arad Investment Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.1622 | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 5.47 |
Arad Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arad Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arad Investment's standard deviation. In reality, there are many statistical measures that can use Arad Investment historical prices to predict the future Arad Investment's volatility.| Risk Adjusted Performance | 0.1642 | |||
| Jensen Alpha | 0.5591 | |||
| Total Risk Alpha | 0.15 | |||
| Sortino Ratio | 0.1952 | |||
| Treynor Ratio | 1.85 |
Arad Investment Indu Backtested Returns
Arad Investment is very steady given 3 months investment horizon. Arad Investment Indu secures Sharpe Ratio (or Efficiency) of 0.34, which signifies that the company had a 0.34% return per unit of standard deviation over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Arad Investment risk adjusted performance of 0.1642, and Mean Deviation of 2.1 to evaluate company specific risk that cannot be diversified away. Arad Investment holds a performance score of 27 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arad Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arad Investment is expected to be smaller as well. Use Arad Investment market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Arad Investment.
Auto-correlation | -0.57 |
Good reverse predictability
Arad Investment Industrial has good reverse predictability. Overlapping area represents the amount of predictability between Arad Investment time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Arad Investment Indu price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Arad Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 M |
Arad Investment Indu lagged returns against current returns
Autocorrelation, which is Arad Investment 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 Arad Investment's stock expected returns. We can calculate the autocorrelation of Arad Investment returns to help us make a trade decision. For example, suppose you find that Arad Investment 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 |
Arad Investment 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 Arad Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arad Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arad Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Arad Investment Lagged Returns
When evaluating Arad Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arad Investment stock have on its future price. Arad Investment 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, Arad Investment autocorrelation shows the relationship between Arad Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Arad Investment Industrial.
Regressed Prices |
| Timeline |
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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 Arad Stock
Arad Investment financial ratios help investors to determine whether Arad 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 Arad with respect to the benefits of owning Arad Investment security.