Brack Capit (Israel) Market Value
| BCNV Stock | ILS 22,000 0.00 0.00% |
| Symbol | Brack |
Brack Capit '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 Brack Capit'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 Brack Capit.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Brack Capit on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Brack Capit N or generate 0.0% return on investment in Brack Capit over 30 days. Brack Capit is related to or competes with Migdal Insurance, Phoenix Holdings, Harel Insurance, Clal Insurance, Bank Leumi, Elco, and Shufersal. Brack Capital Properties NV, a real estate company, owns and develops residential and commercial properties in Germany More
Brack Capit 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 Brack Capit'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 Brack Capit N upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.14 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 23.67 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 6.95 |
Brack Capit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brack Capit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brack Capit's standard deviation. In reality, there are many statistical measures that can use Brack Capit historical prices to predict the future Brack Capit's volatility.| Risk Adjusted Performance | 0.0115 | |||
| Jensen Alpha | 0.0961 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brack Capit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Brack Capit N Backtested Returns
We consider Brack Capit very steady. Brack Capit N secures Sharpe Ratio (or Efficiency) of 0.0652, which signifies that the company had a 0.0652% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Brack Capit N, which you can use to evaluate the volatility of the firm. Please confirm Brack Capit's risk adjusted performance of 0.0115, and Mean Deviation of 1.82 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Brack Capit has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.49, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Brack Capit are expected to decrease by larger amounts. On the other hand, during market turmoil, Brack Capit is expected to outperform it. Brack Capit N right now shows a risk of 2.62%. Please confirm Brack Capit N market risk adjusted performance, semi deviation, variance, as well as the relationship between the mean deviation and downside deviation , to decide if Brack Capit N will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Brack Capit N has no correlation between past and present. Overlapping area represents the amount of predictability between Brack Capit time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Brack Capit N price movement. The serial correlation of 0.0 indicates that just 0.0% of current Brack Capit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brack Capit N lagged returns against current returns
Autocorrelation, which is Brack Capit 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 Brack Capit's stock expected returns. We can calculate the autocorrelation of Brack Capit returns to help us make a trade decision. For example, suppose you find that Brack Capit 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 |
Brack Capit 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 Brack Capit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brack Capit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brack Capit stock over time.
Current vs Lagged Prices |
| Timeline |
Brack Capit Lagged Returns
When evaluating Brack Capit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brack Capit stock have on its future price. Brack Capit 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, Brack Capit autocorrelation shows the relationship between Brack Capit stock current value and its past values and can show if there is a momentum factor associated with investing in Brack Capit N.
Regressed Prices |
| Timeline |
Pair Trading with Brack Capit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brack Capit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brack Capit will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brack Capit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brack Capit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brack Capit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brack Capit N to buy it.
The correlation of Brack Capit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brack Capit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brack Capit N moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brack Capit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Brack Capit Correlation, Brack Capit Volatility and Brack Capit Alpha and Beta module to complement your research on Brack Capit. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Brack Stock analysis
When running Brack Capit's price analysis, check to measure Brack Capit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brack Capit is operating at the current time. Most of Brack Capit's value examination focuses on studying past and present price action to predict the probability of Brack Capit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brack Capit's price. Additionally, you may evaluate how the addition of Brack Capit to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Brack Capit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.