Oron Group (Israel) Market Value
| ORON Stock | ILS 1,076 3.00 0.28% |
| Symbol | Oron |
Oron Group '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 Oron Group'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 Oron Group.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Oron Group on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Oron Group Investments or generate 0.0% return on investment in Oron Group over 90 days. Oron Group is related to or competes with Shikun Binui, Ashtrom, Aura Investments, Shapir Engineering, and Electra. Oron Group Investments Holdings Ltd, together with its subsidiaries, provides civil engineering services in Israel More
Oron Group 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 Oron Group'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 Oron Group Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1711 | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.86 |
Oron Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oron Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oron Group's standard deviation. In reality, there are many statistical measures that can use Oron Group historical prices to predict the future Oron Group's volatility.| Risk Adjusted Performance | 0.1079 | |||
| Jensen Alpha | 0.2349 | |||
| Total Risk Alpha | 0.4411 | |||
| Sortino Ratio | 0.1546 | |||
| Treynor Ratio | 0.8649 |
Oron Group Investments Backtested Returns
Oron Group appears to be very steady, given 3 months investment horizon. Oron Group Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oron Group Investments, which you can use to evaluate the volatility of the company. Please evaluate Oron Group's Risk Adjusted Performance of 0.1079, semi deviation of 1.81, and Coefficient Of Variation of 848.98 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oron Group holds a performance score of 9. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oron Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oron Group is expected to be smaller as well. Please check Oron Group's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Oron Group's historical price patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Oron Group Investments has very good reverse predictability. Overlapping area represents the amount of predictability between Oron Group 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 Oron Group Investments price movement. The serial correlation of -0.67 indicates that around 67.0% of current Oron Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 4116.06 |
Oron Group Investments lagged returns against current returns
Autocorrelation, which is Oron Group 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 Oron Group's stock expected returns. We can calculate the autocorrelation of Oron Group returns to help us make a trade decision. For example, suppose you find that Oron Group 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 |
Oron Group 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 Oron Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oron Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oron Group stock over time.
Current vs Lagged Prices |
| Timeline |
Oron Group Lagged Returns
When evaluating Oron Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oron Group stock have on its future price. Oron Group 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, Oron Group autocorrelation shows the relationship between Oron Group stock current value and its past values and can show if there is a momentum factor associated with investing in Oron Group Investments.
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 Oron Stock
Oron Group financial ratios help investors to determine whether Oron 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 Oron with respect to the benefits of owning Oron Group security.