Space (Israel) Market Value

SCC Stock  ILA 52.70  4.30  7.54%   
Space's market value is the price at which a share of Space trades on a public exchange. It measures the collective expectations of Space Com investors about its performance. Space is trading at 52.70 as of the 4th of March 2025, a 7.54 percent decrease since the beginning of the trading day. The stock's open price was 57.0.
With this module, you can estimate the performance of a buy and hold strategy of Space Com and determine expected loss or profit from investing in Space over a given investment horizon. Check out Space Correlation, Space Volatility and Space Alpha and Beta module to complement your research on Space.
Symbol

Please note, there is a significant difference between Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Space's 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.

Space '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 Space'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 Space.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Space on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Space Com or generate 0.0% return on investment in Space over 720 days. Space is related to or competes with Bezeq Israeli, Tower Semiconductor, El Al, Kamada, and Enlight Renewable. Space-Communication Ltd. provides satellite communication services worldwide More

Space 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 Space'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 Space Com upside and downside potential and time the market with a certain degree of confidence.

Space Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Space's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Space's standard deviation. In reality, there are many statistical measures that can use Space historical prices to predict the future Space's volatility.
Hype
Prediction
LowEstimatedHigh
50.1257.0063.88
Details
Intrinsic
Valuation
LowRealHigh
35.5042.3862.70
Details
Naive
Forecast
LowNextHigh
47.2754.1561.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.0838.7751.47
Details

Space Com Backtested Returns

Space is not too volatile given 3 months investment horizon. Space Com owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Space Com Risk Adjusted Performance of 0.1072, coefficient of variation of 780.91, and Semi Deviation of 4.54 to evaluate company specific risk that cannot be diversified away. Space holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Space are expected to decrease at a much lower rate. During the bear market, Space is likely to outperform the market. Use Space Com coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to analyze future returns on Space Com.

Auto-correlation

    
  0.61  

Good predictability

Space Com has good predictability. Overlapping area represents the amount of predictability between Space time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 Space Com price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Space price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.34
Residual Average0.0
Price Variance111.85

Space Com lagged returns against current returns

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

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

Space Lagged Returns

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

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