Wesure Global (Israel) Market Value
| WESR Stock | ILA 499.90 0.70 0.14% |
| Symbol | Wesure |
Wesure Global '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 Wesure Global'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 Wesure Global.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Wesure Global on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Wesure Global Tech or generate 0.0% return on investment in Wesure Global over 90 days. Wesure Global is related to or competes with Rimon Consulting, TAT Technologies, Clal Insurance, Abra Information, and One Software. Wesure Global Tech Ltd operates as a digital insurance company More
Wesure Global 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 Wesure Global'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 Wesure Global Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.79 | |||
| Information Ratio | 0.0945 | |||
| Maximum Drawdown | 16.4 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 5.88 |
Wesure Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesure Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wesure Global's standard deviation. In reality, there are many statistical measures that can use Wesure Global historical prices to predict the future Wesure Global's volatility.| Risk Adjusted Performance | 0.0639 | |||
| Jensen Alpha | 0.2421 | |||
| Total Risk Alpha | 0.6267 | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | 0.6518 |
Wesure Global Tech Backtested Returns
At this point, Wesure Global is very steady. Wesure Global Tech shows Sharpe Ratio of 0.0151, which attests that the company had a 0.0151 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wesure Global Tech, which you can use to evaluate the volatility of the company. Please check out Wesure Global's Market Risk Adjusted Performance of 0.6618, mean deviation of 2.39, and Downside Deviation of 2.79 to validate if the risk estimate we provide is consistent with the expected return of 0.0493%. Wesure Global has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wesure Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wesure Global is expected to be smaller as well. Wesure Global Tech right now maintains a risk of 3.26%. Please check out Wesure Global Tech treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Wesure Global Tech will be following its historical returns.
Auto-correlation | -0.01 |
Very weak reverse predictability
Wesure Global Tech has very weak reverse predictability. Overlapping area represents the amount of predictability between Wesure Global time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Wesure Global Tech price movement. The serial correlation of -0.01 indicates that just 1.0% of current Wesure Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 709.86 |
Wesure Global Tech lagged returns against current returns
Autocorrelation, which is Wesure Global 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 Wesure Global's stock expected returns. We can calculate the autocorrelation of Wesure Global returns to help us make a trade decision. For example, suppose you find that Wesure Global 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 |
Wesure Global 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 Wesure Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wesure Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wesure Global stock over time.
Current vs Lagged Prices |
| Timeline |
Wesure Global Lagged Returns
When evaluating Wesure Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wesure Global stock have on its future price. Wesure Global 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, Wesure Global autocorrelation shows the relationship between Wesure Global stock current value and its past values and can show if there is a momentum factor associated with investing in Wesure Global Tech.
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 Wesure Stock
Wesure Global financial ratios help investors to determine whether Wesure 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 Wesure with respect to the benefits of owning Wesure Global security.