Augwind Energy (Israel) Market Value
| AUGN Stock | ILA 636.10 71.10 12.58% |
| Symbol | Augwind |
Augwind Energy '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 Augwind Energy'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 Augwind Energy.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Augwind Energy on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Augwind Energy Tech or generate 0.0% return on investment in Augwind Energy over 30 days. Augwind Energy is related to or competes with Aquarius Engines, Highcon Systems, Brainsway, Mivne Real, Photomyne, Israel Land, and Bezeq Israeli. Augwind develops technology that provides solutions to wind power production More
Augwind Energy 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 Augwind Energy'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 Augwind Energy Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.79 | |||
| Information Ratio | 0.2813 | |||
| Maximum Drawdown | 46.02 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 13.0 |
Augwind Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Augwind Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Augwind Energy's standard deviation. In reality, there are many statistical measures that can use Augwind Energy historical prices to predict the future Augwind Energy's volatility.| Risk Adjusted Performance | 0.2389 | |||
| Jensen Alpha | 2.1 | |||
| Total Risk Alpha | 0.9334 | |||
| Sortino Ratio | 0.5229 | |||
| Treynor Ratio | 29.75 |
Augwind Energy Tech Backtested Returns
Augwind Energy is very steady given 3 months investment horizon. Augwind Energy Tech secures Sharpe Ratio (or Efficiency) of 0.37, which signifies that the company had a 0.37% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.93% are justified by taking the suggested risk. Use Augwind Energy risk adjusted performance of 0.2389, and Mean Deviation of 4.99 to evaluate company specific risk that cannot be diversified away. Augwind Energy holds a performance score of 29 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0709, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Augwind Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Augwind Energy is expected to be smaller as well. Use Augwind Energy coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Augwind Energy.
Auto-correlation | 0.69 |
Good predictability
Augwind Energy Tech has good predictability. Overlapping area represents the amount of predictability between Augwind Energy 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 Augwind Energy Tech price movement. The serial correlation of 0.69 indicates that around 69.0% of current Augwind Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 2336.05 |
Augwind Energy Tech lagged returns against current returns
Autocorrelation, which is Augwind Energy 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 Augwind Energy's stock expected returns. We can calculate the autocorrelation of Augwind Energy returns to help us make a trade decision. For example, suppose you find that Augwind Energy 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 |
Augwind Energy 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 Augwind Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Augwind Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Augwind Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Augwind Energy Lagged Returns
When evaluating Augwind Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Augwind Energy stock have on its future price. Augwind Energy 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, Augwind Energy autocorrelation shows the relationship between Augwind Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Augwind Energy Tech.
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 Augwind Stock
Augwind Energy financial ratios help investors to determine whether Augwind 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 Augwind with respect to the benefits of owning Augwind Energy security.