GIVOT OLAM (Israel) Market Value
| GIVO-L Stock | 28.20 0.20 0.70% |
| Symbol | GIVOT |
GIVOT OLAM '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 GIVOT OLAM'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 GIVOT OLAM.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in GIVOT OLAM on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding GIVOT OLAM OIL or generate 0.0% return on investment in GIVOT OLAM over 30 days. GIVOT OLAM is related to or competes with OPC Energy, Delek, Lapidoth, Naphtha, Tamar Petroleum, Israel Land, and Ratio Energies. Givot Olam Oil Exploration - Limited Partnership operates as an oil and gas exploration company in Israel More
GIVOT OLAM 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 GIVOT OLAM'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 GIVOT OLAM OIL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 4.29 |
GIVOT OLAM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GIVOT OLAM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GIVOT OLAM's standard deviation. In reality, there are many statistical measures that can use GIVOT OLAM historical prices to predict the future GIVOT OLAM's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GIVOT OLAM'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.
GIVOT OLAM OIL Backtested Returns
GIVOT OLAM OIL holds Efficiency (Sharpe) Ratio of -0.0942, which attests that the entity had a -0.0942% return per unit of volatility over the last 3 months. GIVOT OLAM OIL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GIVOT OLAM's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.62) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GIVOT OLAM's returns are expected to increase less than the market. However, during the bear market, the loss of holding GIVOT OLAM is expected to be smaller as well. GIVOT OLAM OIL has an expected return of -0.17%. Please make sure to check out GIVOT OLAM maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if GIVOT OLAM OIL performance from the past will be repeated at future time.
Auto-correlation | 0.23 |
Weak predictability
GIVOT OLAM OIL has weak predictability. Overlapping area represents the amount of predictability between GIVOT OLAM time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 GIVOT OLAM OIL price movement. The serial correlation of 0.23 indicates that over 23.0% of current GIVOT OLAM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
GIVOT OLAM OIL lagged returns against current returns
Autocorrelation, which is GIVOT OLAM 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 GIVOT OLAM's stock expected returns. We can calculate the autocorrelation of GIVOT OLAM returns to help us make a trade decision. For example, suppose you find that GIVOT OLAM 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 |
GIVOT OLAM 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 GIVOT OLAM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GIVOT OLAM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GIVOT OLAM stock over time.
Current vs Lagged Prices |
| Timeline |
GIVOT OLAM Lagged Returns
When evaluating GIVOT OLAM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GIVOT OLAM stock have on its future price. GIVOT OLAM 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, GIVOT OLAM autocorrelation shows the relationship between GIVOT OLAM stock current value and its past values and can show if there is a momentum factor associated with investing in GIVOT OLAM OIL.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GIVOT OLAM in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GIVOT OLAM's short interest history, or implied volatility extrapolated from GIVOT OLAM options trading.
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Complementary Tools for GIVOT Stock analysis
When running GIVOT OLAM's price analysis, check to measure GIVOT OLAM'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 GIVOT OLAM is operating at the current time. Most of GIVOT OLAM's value examination focuses on studying past and present price action to predict the probability of GIVOT OLAM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GIVOT OLAM's price. Additionally, you may evaluate how the addition of GIVOT OLAM to your portfolios can decrease your overall portfolio volatility.
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GIVOT OLAM 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.