Plaza Centers (Israel) Market Value

PLAZ-L Stock   139.70  0.20  0.14%   
Plaza Centers' market value is the price at which a share of Plaza Centers trades on a public exchange. It measures the collective expectations of Plaza Centers NV investors about its performance. Plaza Centers is trading at 139.70 as of the 2nd of March 2025, a 0.14% down since the beginning of the trading day. The stock's open price was 139.9.
With this module, you can estimate the performance of a buy and hold strategy of Plaza Centers NV and determine expected loss or profit from investing in Plaza Centers over a given investment horizon. Check out Plaza Centers Correlation, Plaza Centers Volatility and Plaza Centers Alpha and Beta module to complement your research on Plaza Centers.
Symbol

Please note, there is a significant difference between Plaza Centers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Plaza Centers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plaza Centers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Plaza Centers '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 Plaza Centers' 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 Plaza Centers.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Plaza Centers on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Plaza Centers NV or generate 0.0% return on investment in Plaza Centers over 60 days. Plaza Centers is related to or competes with Arad Investment, Ram On, Imed Infinity, Clal Biotechnology, Libra Insurance, Harel Insurance, and Migdal Insurance. Previously it was engaged in the establishment, operation, and sale of shopping and entertainment centers, as well as ot... More

Plaza Centers 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 Plaza Centers' 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 Plaza Centers NV upside and downside potential and time the market with a certain degree of confidence.

Plaza Centers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Plaza Centers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plaza Centers' standard deviation. In reality, there are many statistical measures that can use Plaza Centers historical prices to predict the future Plaza Centers' volatility.
Hype
Prediction
LowEstimatedHigh
135.69139.70143.71
Details
Intrinsic
Valuation
LowRealHigh
123.44127.45153.67
Details
Naive
Forecast
LowNextHigh
128.19132.20136.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
138.48139.53140.58
Details

Plaza Centers NV Backtested Returns

Plaza Centers NV maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16 % return per unit of risk over the last 3 months. Plaza Centers NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Plaza Centers' Coefficient Of Variation of (710.93), variance of 12.45, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The company holds a Beta of 0.73, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Plaza Centers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Plaza Centers is expected to be smaller as well. At this point, Plaza Centers NV has a negative expected return of -0.64%. Please make sure to check Plaza Centers' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Plaza Centers NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.57  

Modest predictability

Plaza Centers NV has modest predictability. Overlapping area represents the amount of predictability between Plaza Centers time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Plaza Centers NV price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Plaza Centers price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.42
Residual Average0.0
Price Variance0.18

Plaza Centers NV lagged returns against current returns

Autocorrelation, which is Plaza Centers 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 Plaza Centers' stock expected returns. We can calculate the autocorrelation of Plaza Centers returns to help us make a trade decision. For example, suppose you find that Plaza Centers 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  

Plaza Centers 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 Plaza Centers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plaza Centers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plaza Centers stock over time.
   Current vs Lagged Prices   
       Timeline  

Plaza Centers Lagged Returns

When evaluating Plaza Centers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plaza Centers stock have on its future price. Plaza Centers 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, Plaza Centers autocorrelation shows the relationship between Plaza Centers stock current value and its past values and can show if there is a momentum factor associated with investing in Plaza Centers NV.
   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 Plaza Stock

Plaza Centers financial ratios help investors to determine whether Plaza 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 Plaza with respect to the benefits of owning Plaza Centers security.