Avrot Industries (Israel) Market Value
| AVRT Stock | ILA 46.50 0.00 0.00% |
| Symbol | Avrot |
Avrot Industries '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 Avrot Industries' 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 Avrot Industries.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Avrot Industries on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Avrot Industries or generate 0.0% return on investment in Avrot Industries over 90 days. Avrot Industries is related to or competes with Hilan, Matrix, AudioCodes, Tadiran Hldg, and Tower Semiconductor. Avrot Industries Ltd engages in the lining and coating of steel pipes in Israel More
Avrot Industries 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 Avrot Industries' 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 Avrot Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0158 | |||
| Maximum Drawdown | 17.69 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 5.0 |
Avrot Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avrot Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avrot Industries' standard deviation. In reality, there are many statistical measures that can use Avrot Industries historical prices to predict the future Avrot Industries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.295 | |||
| Treynor Ratio | (0.14) |
Avrot Industries Backtested Returns
Avrot Industries secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. Avrot Industries exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avrot Industries' Mean Deviation of 1.68, standard deviation of 2.87, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avrot Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Avrot Industries is expected to be smaller as well. At this point, Avrot Industries has a negative expected return of -0.32%. Please make sure to confirm Avrot Industries' jensen alpha, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Avrot Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Avrot Industries has virtually no predictability. Overlapping area represents the amount of predictability between Avrot Industries 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 Avrot Industries price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Avrot Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Avrot Industries lagged returns against current returns
Autocorrelation, which is Avrot Industries 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 Avrot Industries' stock expected returns. We can calculate the autocorrelation of Avrot Industries returns to help us make a trade decision. For example, suppose you find that Avrot Industries 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 |
Avrot Industries 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 Avrot Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avrot Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avrot Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Avrot Industries Lagged Returns
When evaluating Avrot Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avrot Industries stock have on its future price. Avrot Industries 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, Avrot Industries autocorrelation shows the relationship between Avrot Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Avrot Industries.
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 Avrot Stock
Avrot Industries financial ratios help investors to determine whether Avrot 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 Avrot with respect to the benefits of owning Avrot Industries security.