Gamatronic Electronic (Israel) Market Value
| GAMT Stock | 1,311 73.00 5.27% |
| Symbol | Gamatronic |
Gamatronic Electronic '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 Gamatronic Electronic'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 Gamatronic Electronic.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Gamatronic Electronic on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Gamatronic Electronic Industries or generate 0.0% return on investment in Gamatronic Electronic over 360 days. Gamatronic Electronic is related to or competes with Ram On, Multi Retail, Aura Investments, and Sofwave Medical. More
Gamatronic Electronic 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 Gamatronic Electronic'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 Gamatronic Electronic Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.45 | |||
| Information Ratio | 0.0734 | |||
| Maximum Drawdown | 53.88 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 5.54 |
Gamatronic Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamatronic Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamatronic Electronic's standard deviation. In reality, there are many statistical measures that can use Gamatronic Electronic historical prices to predict the future Gamatronic Electronic's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.5014 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0915 | |||
| Treynor Ratio | 0.6256 |
Gamatronic Electronic Backtested Returns
Gamatronic Electronic appears to be very steady, given 3 months investment horizon. Gamatronic Electronic holds Efficiency (Sharpe) Ratio of 0.0903, which attests that the entity had a 0.0903% return per unit of risk over the last 3 months. By evaluating Gamatronic Electronic's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize Gamatronic Electronic's Downside Deviation of 5.45, market risk adjusted performance of 0.6356, and Risk Adjusted Performance of 0.0752 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gamatronic Electronic holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. Gamatronic Electronic returns are very sensitive to returns on the market. As the market goes up or down, Gamatronic Electronic is expected to follow. Please check Gamatronic Electronic's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Gamatronic Electronic's current trending patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Gamatronic Electronic Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Gamatronic Electronic time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Gamatronic Electronic price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Gamatronic Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 8741.37 |
Gamatronic Electronic lagged returns against current returns
Autocorrelation, which is Gamatronic Electronic 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 Gamatronic Electronic's stock expected returns. We can calculate the autocorrelation of Gamatronic Electronic returns to help us make a trade decision. For example, suppose you find that Gamatronic Electronic 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 |
Gamatronic Electronic 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 Gamatronic Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamatronic Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamatronic Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
Gamatronic Electronic Lagged Returns
When evaluating Gamatronic Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamatronic Electronic stock have on its future price. Gamatronic Electronic 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, Gamatronic Electronic autocorrelation shows the relationship between Gamatronic Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in Gamatronic Electronic 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 Gamatronic Stock
Gamatronic Electronic financial ratios help investors to determine whether Gamatronic 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 Gamatronic with respect to the benefits of owning Gamatronic Electronic security.