Gazit Globe (Israel) Market Value
| GZT Stock | ILA 1,171 9.00 0.76% |
| Symbol | Gazit |
Gazit Globe '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 Gazit Globe'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 Gazit Globe.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Gazit Globe on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Gazit Globe or generate 0.0% return on investment in Gazit Globe over 90 days. Gazit Globe is related to or competes with Harel Insurance, Feat Fund, G Willi, Isras Investment, Amot Investments, One Software, and Willy Food. Gazit Globe Ltd, through its subsidiaries, owns, develops, manges, and operates supermarket-anchored shopping centers an... More
Gazit Globe 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 Gazit Globe'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 Gazit Globe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 2.84 |
Gazit Globe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gazit Globe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gazit Globe's standard deviation. In reality, there are many statistical measures that can use Gazit Globe historical prices to predict the future Gazit Globe's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | 0.0053 | |||
| Treynor Ratio | 0.8601 |
Gazit Globe Backtested Returns
Gazit Globe holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16 % return per unit of risk over the last 3 months. Gazit Globe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gazit Globe's Market Risk Adjusted Performance of 0.8701, standard deviation of 2.32, and Risk Adjusted Performance of (0.1) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gazit Globe are expected to decrease at a much lower rate. During the bear market, Gazit Globe is likely to outperform the market. At this point, Gazit Globe has a negative expected return of -0.32%. Please make sure to check out Gazit Globe's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Gazit Globe performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Gazit Globe has below average predictability. Overlapping area represents the amount of predictability between Gazit Globe 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 Gazit Globe price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Gazit Globe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 6363.97 |
Gazit Globe lagged returns against current returns
Autocorrelation, which is Gazit Globe 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 Gazit Globe's stock expected returns. We can calculate the autocorrelation of Gazit Globe returns to help us make a trade decision. For example, suppose you find that Gazit Globe 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 |
Gazit Globe 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 Gazit Globe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gazit Globe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gazit Globe stock over time.
Current vs Lagged Prices |
| Timeline |
Gazit Globe Lagged Returns
When evaluating Gazit Globe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gazit Globe stock have on its future price. Gazit Globe 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, Gazit Globe autocorrelation shows the relationship between Gazit Globe stock current value and its past values and can show if there is a momentum factor associated with investing in Gazit Globe.
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 Gazit Stock
Gazit Globe financial ratios help investors to determine whether Gazit 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 Gazit with respect to the benefits of owning Gazit Globe security.