WhiteSmoke Software (Israel) Market Value

WSMK Stock  ILA 360.00  19.90  5.85%   
WhiteSmoke Software's market value is the price at which a share of WhiteSmoke Software trades on a public exchange. It measures the collective expectations of WhiteSmoke Software investors about its performance. WhiteSmoke Software is trading at 360.00 as of the 16th of March 2025, a 5.85 percent increase since the beginning of the trading day. The stock's open price was 340.1.
With this module, you can estimate the performance of a buy and hold strategy of WhiteSmoke Software and determine expected loss or profit from investing in WhiteSmoke Software over a given investment horizon. Check out WhiteSmoke Software Correlation, WhiteSmoke Software Volatility and WhiteSmoke Software Alpha and Beta module to complement your research on WhiteSmoke Software.
Symbol

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

WhiteSmoke Software '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 WhiteSmoke Software'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 WhiteSmoke Software.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in WhiteSmoke Software on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding WhiteSmoke Software or generate 0.0% return on investment in WhiteSmoke Software over 90 days. WhiteSmoke Software is related to or competes with YD More, Hiron Trade, Amir Marketing, Azorim Investment, and Analyst IMS. WhiteSmoke Software Ltd develops English correction and writing enhancement software solutions in Israel More

WhiteSmoke Software 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 WhiteSmoke Software'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 WhiteSmoke Software upside and downside potential and time the market with a certain degree of confidence.

WhiteSmoke Software Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WhiteSmoke Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WhiteSmoke Software's standard deviation. In reality, there are many statistical measures that can use WhiteSmoke Software historical prices to predict the future WhiteSmoke Software's volatility.
Hype
Prediction
LowEstimatedHigh
356.43360.00363.57
Details
Intrinsic
Valuation
LowRealHigh
332.16335.73396.00
Details
Naive
Forecast
LowNextHigh
344.67348.24351.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
332.30360.63388.95
Details

WhiteSmoke Software Backtested Returns

WhiteSmoke Software shows Sharpe Ratio of -0.2, which attests that the company had a -0.2 % return per unit of risk over the last 3 months. WhiteSmoke Software exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WhiteSmoke Software's Market Risk Adjusted Performance of 0.4687, mean deviation of 3.27, and Standard Deviation of 4.17 to validate the risk estimate we provide. The firm maintains a market beta of -0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WhiteSmoke Software are expected to decrease at a much lower rate. During the bear market, WhiteSmoke Software is likely to outperform the market. At this point, WhiteSmoke Software has a negative expected return of -0.71%. Please make sure to check out WhiteSmoke Software's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if WhiteSmoke Software performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.81  

Very good predictability

WhiteSmoke Software has very good predictability. Overlapping area represents the amount of predictability between WhiteSmoke Software time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 WhiteSmoke Software price movement. The serial correlation of 0.81 indicates that around 81.0% of current WhiteSmoke Software price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.74
Residual Average0.0
Price Variance996.17

WhiteSmoke Software lagged returns against current returns

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

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

WhiteSmoke Software Lagged Returns

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

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