Modiin Energy (Israel) Market Value
| MDIN-L Stock | ILS 230.00 5.40 2.40% |
| Symbol | Modiin |
Modiin Energy '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 Modiin Energy'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 Modiin Energy.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Modiin Energy on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Modiin Energy Limited Partnership or generate 0.0% return on investment in Modiin Energy over 30 days. Modiin Energy is related to or competes with Galileo Tech, One Software, Oron Group, Clal Biotechnology, Technoplus Ventures, Augwind Energy, and Meitav Dash. Modiin Energy- Limited Partnership engages in the exploration of oil and gas properties More
Modiin Energy 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 Modiin Energy'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 Modiin Energy Limited Partnership upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | 0.0988 | |||
| Maximum Drawdown | 25.41 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 3.98 |
Modiin Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Modiin Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Modiin Energy's standard deviation. In reality, there are many statistical measures that can use Modiin Energy historical prices to predict the future Modiin Energy's volatility.| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 0.3741 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1661 | |||
| Treynor Ratio | 0.5875 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Modiin Energy'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.
Modiin Energy Limited Backtested Returns
Modiin Energy appears to be very steady, given 3 months investment horizon. Modiin Energy Limited has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Modiin Energy, which you can use to evaluate the volatility of the firm. Please exercise Modiin Energy's Risk Adjusted Performance of 0.0865, mean deviation of 1.93, and Downside Deviation of 2.12 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Modiin Energy holds a performance score of 9. The company secures a Beta (Market Risk) of 0.75, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Modiin Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Modiin Energy is expected to be smaller as well. Please check Modiin Energy's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Modiin Energy's current price movements will revert.
Auto-correlation | 0.50 |
Modest predictability
Modiin Energy Limited Partnership has modest predictability. Overlapping area represents the amount of predictability between Modiin Energy 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 Modiin Energy Limited price movement. The serial correlation of 0.5 indicates that about 50.0% of current Modiin Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 26.04 |
Modiin Energy Limited lagged returns against current returns
Autocorrelation, which is Modiin Energy 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 Modiin Energy's stock expected returns. We can calculate the autocorrelation of Modiin Energy returns to help us make a trade decision. For example, suppose you find that Modiin Energy 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 |
Modiin Energy 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 Modiin Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Modiin Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Modiin Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Modiin Energy Lagged Returns
When evaluating Modiin Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Modiin Energy stock have on its future price. Modiin Energy 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, Modiin Energy autocorrelation shows the relationship between Modiin Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Modiin Energy Limited Partnership.
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 Modiin Energy 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, Modiin Energy's short interest history, or implied volatility extrapolated from Modiin Energy options trading.
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Try AI Portfolio ArchitectCheck out Modiin Energy Correlation, Modiin Energy Volatility and Modiin Energy Alpha and Beta module to complement your research on Modiin Energy. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Modiin Stock analysis
When running Modiin Energy's price analysis, check to measure Modiin Energy'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 Modiin Energy is operating at the current time. Most of Modiin Energy's value examination focuses on studying past and present price action to predict the probability of Modiin Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modiin Energy's price. Additionally, you may evaluate how the addition of Modiin Energy to your portfolios can decrease your overall portfolio volatility.
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Modiin Energy 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.