Kerur Holdings (Israel) Market Value
| KRUR Stock | ILS 7,577 195.00 2.51% |
| Symbol | Kerur |
Kerur Holdings '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 Kerur Holdings' 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 Kerur Holdings.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Kerur Holdings on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kerur Holdings or generate 0.0% return on investment in Kerur Holdings over 30 days. Kerur Holdings is related to or competes with Al Bad. It manufactures and markets soft drinks and mineral water and frozen potato and onion chips, as well as vegetable produc... More
Kerur Holdings 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 Kerur Holdings' 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 Kerur Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0706 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.45 |
Kerur Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kerur Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kerur Holdings' standard deviation. In reality, there are many statistical measures that can use Kerur Holdings historical prices to predict the future Kerur Holdings' volatility.| Risk Adjusted Performance | 0.1178 | |||
| Jensen Alpha | 0.2518 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0852 | |||
| Treynor Ratio | 9.09 |
Kerur Holdings Backtested Returns
Kerur Holdings appears to be very steady, given 3 months investment horizon. Kerur Holdings has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kerur Holdings, which you can use to evaluate the volatility of the firm. Please exercise Kerur Holdings' Mean Deviation of 1.18, risk adjusted performance of 0.1178, and Downside Deviation of 1.5 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kerur Holdings holds a performance score of 14. The company secures a Beta (Market Risk) of 0.0281, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kerur Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kerur Holdings is expected to be smaller as well. Please check Kerur Holdings' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Kerur Holdings' current price movements will revert.
Auto-correlation | 0.72 |
Good predictability
Kerur Holdings has good predictability. Overlapping area represents the amount of predictability between Kerur Holdings time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Kerur Holdings price movement. The serial correlation of 0.72 indicates that around 72.0% of current Kerur Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 153.8 K |
Kerur Holdings lagged returns against current returns
Autocorrelation, which is Kerur Holdings 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 Kerur Holdings' stock expected returns. We can calculate the autocorrelation of Kerur Holdings returns to help us make a trade decision. For example, suppose you find that Kerur Holdings 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 |
Kerur Holdings 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 Kerur Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kerur Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kerur Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Kerur Holdings Lagged Returns
When evaluating Kerur Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kerur Holdings stock have on its future price. Kerur Holdings 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, Kerur Holdings autocorrelation shows the relationship between Kerur Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Kerur Holdings.
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 Kerur Stock
Kerur Holdings financial ratios help investors to determine whether Kerur 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 Kerur with respect to the benefits of owning Kerur Holdings security.