Aran Research (Israel) Market Value
| ARAN Stock | ILA 1,883 0.00 0.00% |
| Symbol | Aran |
Aran Research '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 Aran Research'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 Aran Research.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Aran Research on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Aran Research and or generate 0.0% return on investment in Aran Research over 30 days. Aran Research is related to or competes with Al Bad, Amanet Management, Brimag L, Brill Shoe, and Danel. Aran Research Development Ltd. engages in the product design and development, and equipment manufacturing businesses for... More
Aran Research 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 Aran Research'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 Aran Research and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.43 |
Aran Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aran Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aran Research's standard deviation. In reality, there are many statistical measures that can use Aran Research historical prices to predict the future Aran Research's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.63) |
Aran Research Backtested Returns
At this point, Aran Research is very steady. Aran Research secures Sharpe Ratio (or Efficiency) of 0.0026, which signifies that the company had a 0.0026% return per unit of standard deviation over the last 3 months. We have found eighteen technical indicators for Aran Research and, which you can use to evaluate the volatility of the firm. Please confirm Aran Research's risk adjusted performance of (0.05), and Mean Deviation of 0.9942 to double-check if the risk estimate we provide is consistent with the expected return of 0.0036%. 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, Aran Research's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aran Research is expected to be smaller as well. Aran Research right now shows a risk of 1.4%. Please confirm Aran Research coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Aran Research will be following its price patterns.
Auto-correlation | -0.52 |
Good reverse predictability
Aran Research and has good reverse predictability. Overlapping area represents the amount of predictability between Aran Research time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Aran Research price movement. The serial correlation of -0.52 indicates that about 52.0% of current Aran Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 77.28 |
Aran Research lagged returns against current returns
Autocorrelation, which is Aran Research 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 Aran Research's stock expected returns. We can calculate the autocorrelation of Aran Research returns to help us make a trade decision. For example, suppose you find that Aran Research 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 |
Aran Research 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 Aran Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aran Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aran Research stock over time.
Current vs Lagged Prices |
| Timeline |
Aran Research Lagged Returns
When evaluating Aran Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aran Research stock have on its future price. Aran Research 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, Aran Research autocorrelation shows the relationship between Aran Research stock current value and its past values and can show if there is a momentum factor associated with investing in Aran Research 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 Aran Stock
Aran Research financial ratios help investors to determine whether Aran 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 Aran with respect to the benefits of owning Aran Research security.