Ram On (Israel) Market Value
| RMN Stock | ILS 1,481 67.00 4.33% |
| Symbol | Ram |
Ram On '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 Ram On'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 Ram On.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ram On on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ram On Investments and or generate 0.0% return on investment in Ram On over 90 days. Ram On is related to or competes with Neto ME, Aryt Industries, Kerur Holdings, Globrands, and Scope Metals. Ram-On Investments and Holdings Ltd manufactures and sells engineering thermoplastic compounds for the automotive, elect... More
Ram On 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 Ram On'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 Ram On Investments and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0782 | |||
| Maximum Drawdown | 11.49 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.65 |
Ram On Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ram On's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ram On's standard deviation. In reality, there are many statistical measures that can use Ram On historical prices to predict the future Ram On's volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | 0.0351 | |||
| Total Risk Alpha | 0.3348 | |||
| Sortino Ratio | 0.082 | |||
| Treynor Ratio | (0.25) |
Ram On Investments Backtested Returns
Ram On Investments maintains Sharpe Ratio (i.e., Efficiency) of -0.0165, which implies the firm had a -0.0165 % return per unit of risk over the last 3 months. Ram On Investments exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ram On's Coefficient Of Variation of 3050.55, risk adjusted performance of 0.0346, and Semi Deviation of 1.91 to confirm the risk estimate we provide. The company holds a Beta of -0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ram On are expected to decrease at a much lower rate. During the bear market, Ram On is likely to outperform the market. At this point, Ram On Investments has a negative expected return of -0.0329%. Please make sure to check Ram On's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Ram On Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Ram On Investments and has weak reverse predictability. Overlapping area represents the amount of predictability between Ram On time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ram On Investments price movement. The serial correlation of -0.22 indicates that over 22.0% of current Ram On price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 834.49 |
Ram On Investments lagged returns against current returns
Autocorrelation, which is Ram On 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 Ram On's stock expected returns. We can calculate the autocorrelation of Ram On returns to help us make a trade decision. For example, suppose you find that Ram On 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 |
Ram On 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 Ram On stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ram On stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ram On stock over time.
Current vs Lagged Prices |
| Timeline |
Ram On Lagged Returns
When evaluating Ram On's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ram On stock have on its future price. Ram On 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, Ram On autocorrelation shows the relationship between Ram On stock current value and its past values and can show if there is a momentum factor associated with investing in Ram On Investments and.
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 Ram Stock
Ram On financial ratios help investors to determine whether Ram 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 Ram with respect to the benefits of owning Ram On security.