Skyline Investments (Israel) Market Value
| SKLN Stock | ILS 1,934 9.00 0.46% |
| Symbol | Skyline |
Skyline Investments '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 Skyline Investments' 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 Skyline Investments.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Skyline Investments on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Skyline Investments or generate 0.0% return on investment in Skyline Investments over 540 days. Skyline Investments is related to or competes with Mishorim Real, Nextcom, Amot Investments, Neto Malinda, and Sella Real. Skyline Investments Inc. develops and operates real estate properties More
Skyline Investments 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 Skyline Investments' 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 Skyline Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.0188 | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.7 |
Skyline Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skyline Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skyline Investments' standard deviation. In reality, there are many statistical measures that can use Skyline Investments historical prices to predict the future Skyline Investments' volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.1861 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0155 | |||
| Treynor Ratio | (1.18) |
Skyline Investments Backtested Returns
Skyline Investments appears to be very steady, given 3 months investment horizon. Skyline Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the firm had a 0.29% return per unit of risk over the last 3 months. By inspecting Skyline Investments' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Skyline Investments' Risk Adjusted Performance of 0.0697, semi deviation of 2.04, and Coefficient Of Variation of 1208.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Skyline Investments holds a performance score of 22. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Skyline Investments are expected to decrease at a much lower rate. During the bear market, Skyline Investments is likely to outperform the market. Please check Skyline Investments' downside variance, expected short fall, and the relationship between the potential upside and semi variance , to make a quick decision on whether Skyline Investments' existing price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Skyline Investments has poor reverse predictability. Overlapping area represents the amount of predictability between Skyline Investments time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 Skyline Investments price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Skyline Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 62.8 K |
Skyline Investments lagged returns against current returns
Autocorrelation, which is Skyline Investments 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 Skyline Investments' stock expected returns. We can calculate the autocorrelation of Skyline Investments returns to help us make a trade decision. For example, suppose you find that Skyline Investments 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 |
Skyline Investments 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 Skyline Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skyline Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skyline Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Skyline Investments Lagged Returns
When evaluating Skyline Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skyline Investments stock have on its future price. Skyline Investments 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, Skyline Investments autocorrelation shows the relationship between Skyline Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Skyline Investments.
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 Skyline Stock
Skyline Investments financial ratios help investors to determine whether Skyline 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 Skyline with respect to the benefits of owning Skyline Investments security.