Synel MLL (Israel) Market Value
| SNEL Stock | ILS 1,695 2.00 0.12% |
| Symbol | Synel |
Synel MLL '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 Synel MLL'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 Synel MLL.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Synel MLL on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Synel MLL Payway or generate 0.0% return on investment in Synel MLL over 90 days. Synel MLL is related to or competes with Telsys, Ralco Agencies, Brimag L, Matrix, and Qualitau. Synel M.L.L Payway Ltd, together with its subsidiaries, develops and produces data collection systems and solutions for ... More
Synel MLL 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 Synel MLL'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 Synel MLL Payway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1603 | |||
| Maximum Drawdown | 12.63 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 5.53 |
Synel MLL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synel MLL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synel MLL's standard deviation. In reality, there are many statistical measures that can use Synel MLL historical prices to predict the future Synel MLL's volatility.| Risk Adjusted Performance | 0.1122 | |||
| Jensen Alpha | 0.3357 | |||
| Total Risk Alpha | 0.6157 | |||
| Sortino Ratio | 0.2093 | |||
| Treynor Ratio | 0.8566 |
Synel MLL Payway Backtested Returns
Synel MLL appears to be very steady, given 3 months investment horizon. Synel MLL Payway owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synel MLL Payway, which you can use to evaluate the volatility of the company. Please review Synel MLL's Risk Adjusted Performance of 0.1122, coefficient of variation of 824.6, and Semi Deviation of 1.61 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Synel MLL holds a performance score of 9. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Synel MLL's returns are expected to increase less than the market. However, during the bear market, the loss of holding Synel MLL is expected to be smaller as well. Please check Synel MLL'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 Synel MLL's existing price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Synel MLL Payway has very weak reverse predictability. Overlapping area represents the amount of predictability between Synel MLL time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Synel MLL Payway price movement. The serial correlation of -0.01 indicates that just 1.0% of current Synel MLL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 2427.19 |
Synel MLL Payway lagged returns against current returns
Autocorrelation, which is Synel MLL 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 Synel MLL's stock expected returns. We can calculate the autocorrelation of Synel MLL returns to help us make a trade decision. For example, suppose you find that Synel MLL 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 |
Synel MLL 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 Synel MLL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synel MLL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synel MLL stock over time.
Current vs Lagged Prices |
| Timeline |
Synel MLL Lagged Returns
When evaluating Synel MLL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synel MLL stock have on its future price. Synel MLL 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, Synel MLL autocorrelation shows the relationship between Synel MLL stock current value and its past values and can show if there is a momentum factor associated with investing in Synel MLL Payway.
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 Synel Stock
Synel MLL financial ratios help investors to determine whether Synel 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 Synel with respect to the benefits of owning Synel MLL security.