Norstar (Israel) Market Value
| NSTR Stock | ILS 1,024 24.00 2.29% |
| Symbol | Norstar |
Norstar '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 Norstar'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 Norstar.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Norstar on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Norstar or generate 0.0% return on investment in Norstar over 90 days. Norstar is related to or competes with Delek, Fattal 1998, Azrieli, and Melisron. Norstar Holdings Inc., through its holdings in Gazit-Globe Ltd., engages in the commercial centers business in the Unite... More
Norstar 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 Norstar'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 Norstar upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 14.68 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 4.6 |
Norstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norstar's standard deviation. In reality, there are many statistical measures that can use Norstar historical prices to predict the future Norstar's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (1.83) |
Norstar Backtested Returns
Norstar has Sharpe Ratio of -0.27, which conveys that the firm had a -0.27 % return per unit of risk over the last 3 months. Norstar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Norstar's Risk Adjusted Performance of (0.23), standard deviation of 2.6, and Mean Deviation of 1.91 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norstar is expected to be smaller as well. At this point, Norstar has a negative expected return of -0.7%. Please make sure to verify Norstar's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Norstar performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Norstar has modest predictability. Overlapping area represents the amount of predictability between Norstar time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Norstar price movement. The serial correlation of 0.5 indicates that about 50.0% of current Norstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 12.4 K |
Norstar lagged returns against current returns
Autocorrelation, which is Norstar 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 Norstar's stock expected returns. We can calculate the autocorrelation of Norstar returns to help us make a trade decision. For example, suppose you find that Norstar 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 |
Norstar 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 Norstar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Norstar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Norstar stock over time.
Current vs Lagged Prices |
| Timeline |
Norstar Lagged Returns
When evaluating Norstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Norstar stock have on its future price. Norstar 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, Norstar autocorrelation shows the relationship between Norstar stock current value and its past values and can show if there is a momentum factor associated with investing in Norstar.
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 Norstar Stock
Norstar financial ratios help investors to determine whether Norstar 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 Norstar with respect to the benefits of owning Norstar security.