Bram Industries (Israel) Backtesting

BRAM -- Israel Stock  

ILS 282.00  3.60  1.26%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Bram Industries Ltd and determine expected loss or profit from investing in Bram Industries over given investment horizon. Check also Bram Industries Hype Analysis, Bram Industries Correlation, Bram Industries Valuation, Bram Industries Volatility as well as analyze Bram Industries Alpha and Beta and Bram Industries Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Bram Industries 'What if' Analysis

October 13, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 12, 2018
0.00
If you would invest  0.00  in Bram Industries on October 13, 2018 and sell it all today you would earn a total of 0.00 from holding Bram Industries Ltd or generate 0.0% return on investment in Bram Industries over 60 days. Bram Industries is related to or competes with Plasson Industries, Palram Industries, Rimoni Industries, Kafrit Industries, Ginegar Plastic, Golan Plastic, and Bram Industries. Bram Industries Ltd. develops, produces, and markets plastic products worldwide

Bram Industries Upside/Downside Indicators

Downside Deviation3.39
Information Ratio0.0687
Maximum Drawdown14.77
Value At Risk(3.55)
Potential Upside3.96
  

Bram Industries Market Premium Indicators

Risk Adjusted Performance0.0197
Jensen Alpha0.0028
Total Risk Alpha0.342
Sortino Ratio0.0545
Treynor Ratio(0.19)

Bram Industries Backtested Returns

Macroaxis considers Bram Industries to be not too risky. Bram Industries secures Sharpe Ratio (or Efficiency) of -0.1318 which signifies that Bram Industries had -0.1318% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Bram Industries Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bram Industries Mean Deviation of 1.65 and Risk Adjusted Performance of 0.0197 to double-check risk estimate we provide. Macroaxis gives Bram Industries performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0974 which signifies that as returns on market increase, returns on owning Bram Industries are expected to decrease at a much smaller rate. During bear market, Bram Industries is likely to outperform the market.. Even though it is essential to pay attention to Bram Industries historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bram Industries Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Bram Industries has expected return of -0.4053%. Please be advised to confirm Bram Industries Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if Bram Industries past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.38 
correlation synergy

Below average predictability

Bram Industries Ltd has below average predictability. Overlapping area represents the amount of predictability between Bram Industries time series from October 13, 2018 to November 12, 2018 and November 12, 2018 to December 12, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bram Industries price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Bram Industries price fluctuation can be explain by its past prices.
Correlation Coefficient0.38
Spearman Rank Test0.21
Residual Average0.0
Price Variance27.71

Bram Industries lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bram Industries regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bram Industries Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BRAM

Bram Industries Investor Sentiment

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Bram Industries Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bram Industries and Plasson Industries. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Bram Industries Hype Analysis, Bram Industries Correlation, Bram Industries Valuation, Bram Industries Volatility as well as analyze Bram Industries Alpha and Beta and Bram Industries Performance. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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