Neto Malinda (Israel) Market Value
| NTML Stock | ILS 8,022 59.00 0.74% |
| Symbol | Neto |
Neto Malinda '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 Neto Malinda'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 Neto Malinda.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Neto Malinda on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Neto Malinda or generate 0.0% return on investment in Neto Malinda over 30 days. Neto Malinda is related to or competes with Neto ME, Kerur Holdings, Salomon A, Sano Brunos, and Al Bad. Neto Malinda Trading Ltd. manufactures, imports, markets, and distributes kosher food products More
Neto Malinda 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 Neto Malinda'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 Neto Malinda upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1644 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.68 |
Neto Malinda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neto Malinda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neto Malinda's standard deviation. In reality, there are many statistical measures that can use Neto Malinda historical prices to predict the future Neto Malinda's volatility.| Risk Adjusted Performance | 0.1822 | |||
| Jensen Alpha | 0.3783 | |||
| Total Risk Alpha | 0.1418 | |||
| Sortino Ratio | 0.198 | |||
| Treynor Ratio | 0.9648 |
Neto Malinda Backtested Returns
Neto Malinda appears to be very steady, given 3 months investment horizon. Neto Malinda has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. By analyzing Neto Malinda's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Neto Malinda's Risk Adjusted Performance of 0.1822, mean deviation of 1.44, and Downside Deviation of 1.59 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neto Malinda holds a performance score of 24. 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, Neto Malinda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neto Malinda is expected to be smaller as well. Please check Neto Malinda's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Neto Malinda's current price movements will revert.
Auto-correlation | 0.64 |
Good predictability
Neto Malinda has good predictability. Overlapping area represents the amount of predictability between Neto Malinda time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Neto Malinda price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Neto Malinda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 34 K |
Neto Malinda lagged returns against current returns
Autocorrelation, which is Neto Malinda 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 Neto Malinda's stock expected returns. We can calculate the autocorrelation of Neto Malinda returns to help us make a trade decision. For example, suppose you find that Neto Malinda 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 |
Neto Malinda 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 Neto Malinda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neto Malinda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neto Malinda stock over time.
Current vs Lagged Prices |
| Timeline |
Neto Malinda Lagged Returns
When evaluating Neto Malinda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neto Malinda stock have on its future price. Neto Malinda 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, Neto Malinda autocorrelation shows the relationship between Neto Malinda stock current value and its past values and can show if there is a momentum factor associated with investing in Neto Malinda.
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 Neto Stock
Neto Malinda financial ratios help investors to determine whether Neto 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 Neto with respect to the benefits of owning Neto Malinda security.