Emilia Devel (Israel) Market Value
| EMDV Stock | ILA 2,644 5.00 0.19% |
| Symbol | Emilia |
Emilia Devel '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 Emilia Devel'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 Emilia Devel.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Emilia Devel on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Emilia Devel or generate 0.0% return on investment in Emilia Devel over 30 days. Emilia Devel is related to or competes with IBI Inv, Phoenix Holdings, Eldav L, Cohen Dev, and Gold Bond. Emilia Development Ltd. manages a portfolio of investments in the industrial services, distribution, and logistics secto... More
Emilia Devel 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 Emilia Devel'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 Emilia Devel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1358 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 4.68 |
Emilia Devel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emilia Devel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emilia Devel's standard deviation. In reality, there are many statistical measures that can use Emilia Devel historical prices to predict the future Emilia Devel's volatility.| Risk Adjusted Performance | 0.1374 | |||
| Jensen Alpha | 0.442 | |||
| Total Risk Alpha | 0.1161 | |||
| Sortino Ratio | 0.1595 | |||
| Treynor Ratio | (0.79) |
Emilia Devel Backtested Returns
Emilia Devel appears to be very steady, given 3 months investment horizon. Emilia Devel secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the company had a 0.29% return per unit of risk over the last 3 months. By reviewing Emilia Devel's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Emilia Devel's Downside Deviation of 1.92, coefficient of variation of 555.22, and Mean Deviation of 1.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Emilia Devel holds a performance score of 22. The firm shows a Beta (market volatility) of -0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Emilia Devel are expected to decrease at a much lower rate. During the bear market, Emilia Devel is likely to outperform the market. Please check Emilia Devel's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Emilia Devel's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Emilia Devel has modest predictability. Overlapping area represents the amount of predictability between Emilia Devel time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Emilia Devel price movement. The serial correlation of 0.5 indicates that about 50.0% of current Emilia Devel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 122.62 |
Emilia Devel lagged returns against current returns
Autocorrelation, which is Emilia Devel 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 Emilia Devel's stock expected returns. We can calculate the autocorrelation of Emilia Devel returns to help us make a trade decision. For example, suppose you find that Emilia Devel 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 |
Emilia Devel 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 Emilia Devel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emilia Devel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emilia Devel stock over time.
Current vs Lagged Prices |
| Timeline |
Emilia Devel Lagged Returns
When evaluating Emilia Devel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emilia Devel stock have on its future price. Emilia Devel 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, Emilia Devel autocorrelation shows the relationship between Emilia Devel stock current value and its past values and can show if there is a momentum factor associated with investing in Emilia Devel.
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 Emilia Stock
Emilia Devel financial ratios help investors to determine whether Emilia 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 Emilia with respect to the benefits of owning Emilia Devel security.