Spring Ventures (Israel) Market Value
| SPRG Stock | ILA 587.90 15.60 2.73% |
| Symbol | Spring |
Spring Ventures '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 Spring Ventures' 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 Spring Ventures.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Spring Ventures on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Spring Ventures or generate 0.0% return on investment in Spring Ventures over 30 days. Spring Ventures is related to or competes with Mivtach Shamir, Fattal 1998, and Atreyu Capital. Is a venture capital firm specializes in Seed stage, Series A stage and early stage investments More
Spring Ventures 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 Spring Ventures' 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 Spring Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 26.04 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 1.09 |
Spring Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spring Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spring Ventures' standard deviation. In reality, there are many statistical measures that can use Spring Ventures historical prices to predict the future Spring Ventures' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.87) |
Spring Ventures Backtested Returns
Spring Ventures 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. Spring Ventures exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spring Ventures' Risk Adjusted Performance of (0.1), coefficient of variation of (711.17), and Variance of 9.36 to confirm the risk estimate we provide. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spring Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Spring Ventures is expected to be smaller as well. At this point, Spring Ventures has a negative expected return of -0.41%. Please make sure to validate Spring Ventures' maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if Spring Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Spring Ventures has very good reverse predictability. Overlapping area represents the amount of predictability between Spring Ventures time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Spring Ventures price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Spring Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1577.78 |
Spring Ventures lagged returns against current returns
Autocorrelation, which is Spring Ventures 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 Spring Ventures' stock expected returns. We can calculate the autocorrelation of Spring Ventures returns to help us make a trade decision. For example, suppose you find that Spring Ventures 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 |
Spring Ventures 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 Spring Ventures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spring Ventures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spring Ventures stock over time.
Current vs Lagged Prices |
| Timeline |
Spring Ventures Lagged Returns
When evaluating Spring Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spring Ventures stock have on its future price. Spring Ventures 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, Spring Ventures autocorrelation shows the relationship between Spring Ventures stock current value and its past values and can show if there is a momentum factor associated with investing in Spring Ventures.
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 Spring Stock
Spring Ventures financial ratios help investors to determine whether Spring 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 Spring with respect to the benefits of owning Spring Ventures security.