Rani Zim (Israel) Market Value
| RANI Stock | ILA 337.50 25.50 8.17% |
| Symbol | Rani |
Rani Zim '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 Rani Zim'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 Rani Zim.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Rani Zim on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Rani Zim Shopping or generate 0.0% return on investment in Rani Zim over 360 days. Rani Zim is related to or competes with EN Shoham, Accel Solutions, Rapac Communication, and Mivtach Shamir. Rani Zim Shopping Centers Ltd engages in the development, construction, and management of commercial projects in Israel More
Rani Zim 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 Rani Zim'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 Rani Zim Shopping upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0389 | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.08 |
Rani Zim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rani Zim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rani Zim's standard deviation. In reality, there are many statistical measures that can use Rani Zim historical prices to predict the future Rani Zim's volatility.| Risk Adjusted Performance | 0.0867 | |||
| Jensen Alpha | 0.1874 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | 1.27 |
Rani Zim Shopping Backtested Returns
Rani Zim appears to be very steady, given 3 months investment horizon. Rani Zim Shopping maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. By analyzing Rani Zim's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Rani Zim's Coefficient Of Variation of 950.63, risk adjusted performance of 0.0867, and Semi Deviation of 1.58 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rani Zim holds a performance score of 19. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rani Zim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rani Zim is expected to be smaller as well. Please check Rani Zim's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Rani Zim's historical price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Rani Zim Shopping has weak reverse predictability. Overlapping area represents the amount of predictability between Rani Zim time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Rani Zim Shopping price movement. The serial correlation of -0.21 indicates that over 21.0% of current Rani Zim price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 341.15 |
Rani Zim Shopping lagged returns against current returns
Autocorrelation, which is Rani Zim 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 Rani Zim's stock expected returns. We can calculate the autocorrelation of Rani Zim returns to help us make a trade decision. For example, suppose you find that Rani Zim 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 |
Rani Zim 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 Rani Zim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rani Zim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rani Zim stock over time.
Current vs Lagged Prices |
| Timeline |
Rani Zim Lagged Returns
When evaluating Rani Zim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rani Zim stock have on its future price. Rani Zim 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, Rani Zim autocorrelation shows the relationship between Rani Zim stock current value and its past values and can show if there is a momentum factor associated with investing in Rani Zim Shopping.
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 Rani Stock
Rani Zim financial ratios help investors to determine whether Rani 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 Rani with respect to the benefits of owning Rani Zim security.