Iargento (Israel) Market Value
| IARG Stock | 67.30 0.30 0.45% |
| Symbol | Iargento |
Please note, there is a significant difference between Iargento's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iargento is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iargento's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Iargento '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 Iargento'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 Iargento.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Iargento on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Iargento Hi Tech or generate 0.0% return on investment in Iargento over 90 days. Iargento is related to or competes with Dan Hotels, Elron Electronic, G Willi, Scope Metals, Sofwave Medical, Alrov Properties, and Imed Infinity. More
Iargento 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 Iargento'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 Iargento Hi Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 35.0 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 5.09 |
Iargento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iargento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iargento's standard deviation. In reality, there are many statistical measures that can use Iargento historical prices to predict the future Iargento's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.1862 | |||
| Treynor Ratio | (0.42) |
Iargento Hi Tech Backtested Returns
Iargento Hi Tech holds Efficiency (Sharpe) Ratio of -0.0147, which attests that the entity had a -0.0147 % return per unit of risk over the last 3 months. Iargento Hi Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iargento's Standard Deviation of 4.19, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.41) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iargento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iargento is expected to be smaller as well. At this point, Iargento Hi Tech has a negative expected return of -0.0632%. Please make sure to check out Iargento's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Iargento Hi Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Iargento Hi Tech has modest reverse predictability. Overlapping area represents the amount of predictability between Iargento time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Iargento Hi Tech price movement. The serial correlation of -0.49 indicates that about 49.0% of current Iargento price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 46.31 |
Iargento Hi Tech lagged returns against current returns
Autocorrelation, which is Iargento 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 Iargento's stock expected returns. We can calculate the autocorrelation of Iargento returns to help us make a trade decision. For example, suppose you find that Iargento 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 |
Iargento 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 Iargento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iargento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iargento stock over time.
Current vs Lagged Prices |
| Timeline |
Iargento Lagged Returns
When evaluating Iargento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iargento stock have on its future price. Iargento 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, Iargento autocorrelation shows the relationship between Iargento stock current value and its past values and can show if there is a momentum factor associated with investing in Iargento Hi Tech.
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 Iargento Stock
Iargento financial ratios help investors to determine whether Iargento 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 Iargento with respect to the benefits of owning Iargento security.