Mega Or (Israel) Market Value
| MGOR Stock | ILS 10,970 110.00 0.99% |
| Symbol | Mega |
Mega Or '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 Mega Or'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 Mega Or.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Mega Or on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Mega Or or generate 0.0% return on investment in Mega Or over 90 days. Mega Or is related to or competes with Big Shopping, Amot Investments, Ashtrom, Melisron, and Reit 1. Mega Or Holdings Ltd develops, manages, and rents real estate properties in Israel More
Mega Or 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 Mega Or'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 Mega Or upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.093 | |||
| Maximum Drawdown | 10.15 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.93 |
Mega Or Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega Or's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mega Or's standard deviation. In reality, there are many statistical measures that can use Mega Or historical prices to predict the future Mega Or's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | 0.2858 | |||
| Sortino Ratio | 0.0934 | |||
| Treynor Ratio | (0.14) |
Mega Or Backtested Returns
Mega Or has Sharpe Ratio of -0.0224, which conveys that the firm had a -0.0224 % return per unit of risk over the last 3 months. Mega Or exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mega Or's Mean Deviation of 1.39, risk adjusted performance of 0.0385, and Downside Deviation of 1.8 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mega Or are expected to decrease at a much lower rate. During the bear market, Mega Or is likely to outperform the market. At this point, Mega Or has a negative expected return of -0.0407%. Please make sure to verify Mega Or's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Mega Or performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Mega Or has very good reverse predictability. Overlapping area represents the amount of predictability between Mega Or 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 Mega Or price movement. The serial correlation of -0.7 indicates that around 70.0% of current Mega Or price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 103.2 K |
Mega Or lagged returns against current returns
Autocorrelation, which is Mega Or 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 Mega Or's stock expected returns. We can calculate the autocorrelation of Mega Or returns to help us make a trade decision. For example, suppose you find that Mega Or 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 |
Mega Or 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 Mega Or stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mega Or stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mega Or stock over time.
Current vs Lagged Prices |
| Timeline |
Mega Or Lagged Returns
When evaluating Mega Or's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mega Or stock have on its future price. Mega Or 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, Mega Or autocorrelation shows the relationship between Mega Or stock current value and its past values and can show if there is a momentum factor associated with investing in Mega Or.
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 Mega Stock
Mega Or financial ratios help investors to determine whether Mega 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 Mega with respect to the benefits of owning Mega Or security.