Aura Investments (Israel) Market Value
| AURA Stock | ILA 1,870 11.00 0.58% |
| Symbol | Aura |
Aura Investments '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 Aura Investments' 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 Aura Investments.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Aura Investments on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Aura Investments or generate 0.0% return on investment in Aura Investments over 90 days. Aura Investments is related to or competes with Israel Canada, Azrieli, Delek, Shikun Binui, and Israel Discount. Aura Investments Ltd. engages in the planning and establishing of real estate projects in Israel More
Aura Investments 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 Aura Investments' 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 Aura Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0063 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (4.01) | |||
| Potential Upside | 4.4 |
Aura Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aura Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aura Investments' standard deviation. In reality, there are many statistical measures that can use Aura Investments historical prices to predict the future Aura Investments' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.205 | |||
| Treynor Ratio | (0.12) |
Aura Investments Backtested Returns
Aura Investments secures Sharpe Ratio (or Efficiency) of -0.0352, which signifies that the company had a -0.0352 % return per unit of risk over the last 3 months. Aura Investments exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aura Investments' Standard Deviation of 2.39, risk adjusted performance of (0.02), and Mean Deviation of 1.88 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.79, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aura Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aura Investments is expected to be smaller as well. At this point, Aura Investments has a negative expected return of -0.084%. Please make sure to confirm Aura Investments' value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Aura Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Aura Investments has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aura Investments time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Aura Investments price movement. The serial correlation of -0.76 indicates that around 76.0% of current Aura Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 48.6 K |
Aura Investments lagged returns against current returns
Autocorrelation, which is Aura Investments 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 Aura Investments' stock expected returns. We can calculate the autocorrelation of Aura Investments returns to help us make a trade decision. For example, suppose you find that Aura Investments 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 |
Aura Investments 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 Aura Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aura Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aura Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Aura Investments Lagged Returns
When evaluating Aura Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aura Investments stock have on its future price. Aura Investments 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, Aura Investments autocorrelation shows the relationship between Aura Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Aura Investments.
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 Aura Stock
Aura Investments financial ratios help investors to determine whether Aura 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 Aura with respect to the benefits of owning Aura Investments security.