Castro (Israel) Market Value
| CAST Stock | ILS 12,100 120.00 0.98% |
| Symbol | Castro |
Castro '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 Castro'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 Castro.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Castro on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Castro or generate 0.0% return on investment in Castro over 90 days. Castro is related to or competes with Fox Wizel, Golf, Bezeq Israeli, Azrieli, and Shufersal. The company offers womens and girls clothing products, including dresses, skirts, tops, leggings, lingerie, jackets and ... More
Castro 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 Castro'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 Castro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.2289 | |||
| Maximum Drawdown | 17.68 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 6.29 |
Castro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castro's standard deviation. In reality, there are many statistical measures that can use Castro historical prices to predict the future Castro's volatility.| Risk Adjusted Performance | 0.1743 | |||
| Jensen Alpha | 0.533 | |||
| Total Risk Alpha | 0.8528 | |||
| Sortino Ratio | 0.3294 | |||
| Treynor Ratio | 2.74 |
Castro Backtested Returns
Castro appears to be very steady, given 3 months investment horizon. Castro secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24 % return per unit of risk over the last 3 months. By analyzing Castro's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Castro's Risk Adjusted Performance of 0.1743, mean deviation of 1.83, and Downside Deviation of 1.89 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Castro holds a performance score of 19. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Castro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Castro is expected to be smaller as well. Please check Castro's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Castro's price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Castro has good predictability. Overlapping area represents the amount of predictability between Castro time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Castro price movement. The serial correlation of 0.74 indicates that around 74.0% of current Castro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 248 K |
Castro lagged returns against current returns
Autocorrelation, which is Castro 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 Castro's stock expected returns. We can calculate the autocorrelation of Castro returns to help us make a trade decision. For example, suppose you find that Castro 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 |
Castro 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 Castro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castro stock over time.
Current vs Lagged Prices |
| Timeline |
Castro Lagged Returns
When evaluating Castro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castro stock have on its future price. Castro 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, Castro autocorrelation shows the relationship between Castro stock current value and its past values and can show if there is a momentum factor associated with investing in Castro.
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 Castro Stock
Castro financial ratios help investors to determine whether Castro 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 Castro with respect to the benefits of owning Castro security.