Fridenson (Israel) Market Value
| FRDN Stock | ILS 5,731 1.00 0.02% |
| Symbol | Fridenson |
Fridenson '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 Fridenson'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 Fridenson.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Fridenson on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Fridenson or generate 0.0% return on investment in Fridenson over 30 days. Fridenson is related to or competes with Brimag L, Allot Communications, Hamat, Elron Electronic, and Aran Research. Fridenson Logistic Services Ltd. provides logistic solutions worldwide More
Fridenson 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 Fridenson'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 Fridenson upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 14.48 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 6.11 |
Fridenson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fridenson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fridenson's standard deviation. In reality, there are many statistical measures that can use Fridenson historical prices to predict the future Fridenson's volatility.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 0.3767 | |||
| Total Risk Alpha | 0.6265 | |||
| Sortino Ratio | 0.147 | |||
| Treynor Ratio | 2.3 |
Fridenson Backtested Returns
Fridenson appears to be very steady, given 3 months investment horizon. Fridenson secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fridenson, which you can use to evaluate the volatility of the firm. Please utilize Fridenson's Coefficient Of Variation of 850.39, mean deviation of 2.42, and Downside Deviation of 2.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fridenson holds a performance score of 10. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Fridenson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fridenson is expected to be smaller as well. Please check Fridenson'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 Fridenson's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Fridenson has average predictability. Overlapping area represents the amount of predictability between Fridenson time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Fridenson price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Fridenson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 10.8 K |
Fridenson lagged returns against current returns
Autocorrelation, which is Fridenson 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 Fridenson's stock expected returns. We can calculate the autocorrelation of Fridenson returns to help us make a trade decision. For example, suppose you find that Fridenson 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 |
Fridenson 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 Fridenson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fridenson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fridenson stock over time.
Current vs Lagged Prices |
| Timeline |
Fridenson Lagged Returns
When evaluating Fridenson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fridenson stock have on its future price. Fridenson 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, Fridenson autocorrelation shows the relationship between Fridenson stock current value and its past values and can show if there is a momentum factor associated with investing in Fridenson.
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 Fridenson Stock
Fridenson financial ratios help investors to determine whether Fridenson 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 Fridenson with respect to the benefits of owning Fridenson security.