Meshek Energy (Israel) Market Value
| MSKE Stock | ILA 310.60 2.40 0.77% |
| Symbol | Meshek |
Meshek Energy '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 Meshek Energy'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 Meshek Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Meshek Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Meshek Energy Renewable Energies or generate 0.0% return on investment in Meshek Energy over 90 days. Meshek Energy is related to or competes with Nrgene Technologies, Abra Information, ICL Israel, Spuntech, Clal Biotechnology, Ormat Technologies, and TAT Technologies. Meshek Energy - Renewable Energies Ltd. focuses on the construction and operation of photovoltaic power generation facil... More
Meshek Energy 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 Meshek Energy'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 Meshek Energy Renewable Energies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.78 | |||
| Information Ratio | 0.2188 | |||
| Maximum Drawdown | 22.9 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 8.2 |
Meshek Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meshek Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meshek Energy's standard deviation. In reality, there are many statistical measures that can use Meshek Energy historical prices to predict the future Meshek Energy's volatility.| Risk Adjusted Performance | 0.1777 | |||
| Jensen Alpha | 0.854 | |||
| Total Risk Alpha | 1.33 | |||
| Sortino Ratio | 0.3287 | |||
| Treynor Ratio | 1.78 |
Meshek Energy Renewable Backtested Returns
Meshek Energy appears to be very steady, given 3 months investment horizon. Meshek Energy Renewable has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23 % return per unit of risk over the last 3 months. By analyzing Meshek Energy's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please exercise Meshek Energy's Risk Adjusted Performance of 0.1777, downside deviation of 2.78, and Mean Deviation of 2.87 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meshek Energy holds a performance score of 17. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Meshek Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meshek Energy is expected to be smaller as well. Please check Meshek Energy's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Meshek Energy's current price movements will revert.
Auto-correlation | 0.44 |
Average predictability
Meshek Energy Renewable Energies has average predictability. Overlapping area represents the amount of predictability between Meshek Energy 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 Meshek Energy Renewable price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Meshek Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 113.73 |
Meshek Energy Renewable lagged returns against current returns
Autocorrelation, which is Meshek Energy 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 Meshek Energy's stock expected returns. We can calculate the autocorrelation of Meshek Energy returns to help us make a trade decision. For example, suppose you find that Meshek Energy 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 |
Meshek Energy 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 Meshek Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meshek Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meshek Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Meshek Energy Lagged Returns
When evaluating Meshek Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meshek Energy stock have on its future price. Meshek Energy 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, Meshek Energy autocorrelation shows the relationship between Meshek Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Meshek Energy Renewable Energies.
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 Meshek Stock
Meshek Energy financial ratios help investors to determine whether Meshek 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 Meshek with respect to the benefits of owning Meshek Energy security.