Hanan Mor (Israel) Market Value
| HNMR Stock | ILS 402.10 6.90 1.69% |
| Symbol | Hanan |
Hanan Mor '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 Hanan Mor'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 Hanan Mor.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Hanan Mor on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Hanan Mor or generate 0.0% return on investment in Hanan Mor over 90 days. Hanan Mor is related to or competes with Israel Canada, Prashkovsky, Alony Hetz, Bank Leumi, and Shikun Binui. Hanan Mor Group - Holdings Ltd., a real estate development company, engages in the planning and construction of resident... More
Hanan Mor 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 Hanan Mor'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 Hanan Mor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.49 | |||
| Information Ratio | 0.1273 | |||
| Maximum Drawdown | 34.69 | |||
| Value At Risk | (6.30) | |||
| Potential Upside | 10.51 |
Hanan Mor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanan Mor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanan Mor's standard deviation. In reality, there are many statistical measures that can use Hanan Mor historical prices to predict the future Hanan Mor's volatility.| Risk Adjusted Performance | 0.1036 | |||
| Jensen Alpha | 0.5631 | |||
| Total Risk Alpha | 1.28 | |||
| Sortino Ratio | 0.2004 | |||
| Treynor Ratio | (2.37) |
Hanan Mor Backtested Returns
Hanan Mor holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2 % return per unit of risk over the last 3 months. Hanan Mor exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hanan Mor's Downside Deviation of 3.49, risk adjusted performance of 0.1036, and Market Risk Adjusted Performance of (2.36) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hanan Mor are expected to decrease at a much lower rate. During the bear market, Hanan Mor is likely to outperform the market. At this point, Hanan Mor has a negative expected return of -0.67%. Please make sure to check out Hanan Mor's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Hanan Mor performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Hanan Mor has average predictability. Overlapping area represents the amount of predictability between Hanan Mor time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Hanan Mor price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Hanan Mor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 2637.13 |
Hanan Mor lagged returns against current returns
Autocorrelation, which is Hanan Mor 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 Hanan Mor's stock expected returns. We can calculate the autocorrelation of Hanan Mor returns to help us make a trade decision. For example, suppose you find that Hanan Mor 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 |
Hanan Mor 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 Hanan Mor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hanan Mor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hanan Mor stock over time.
Current vs Lagged Prices |
| Timeline |
Hanan Mor Lagged Returns
When evaluating Hanan Mor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hanan Mor stock have on its future price. Hanan Mor 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, Hanan Mor autocorrelation shows the relationship between Hanan Mor stock current value and its past values and can show if there is a momentum factor associated with investing in Hanan Mor.
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 Hanan Stock
Hanan Mor financial ratios help investors to determine whether Hanan 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 Hanan with respect to the benefits of owning Hanan Mor security.