Mehadrin (Israel) Market Value
| MEDN Stock | ILA 14,430 10.00 0.07% |
| Symbol | Mehadrin |
Mehadrin '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 Mehadrin'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 Mehadrin.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Mehadrin on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Mehadrin or generate 0.0% return on investment in Mehadrin over 90 days. Mehadrin is related to or competes with Discount Investment, Propert Buil, Cellcom Israel, Shufersal, and Clal Insurance. Mehadrin Ltd. grows and markets citrus, fruits, and vegetables primarily under JAFFA brand name in Israel More
Mehadrin 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 Mehadrin'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 Mehadrin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.36 |
Mehadrin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mehadrin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mehadrin's standard deviation. In reality, there are many statistical measures that can use Mehadrin historical prices to predict the future Mehadrin's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mehadrin'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.
Mehadrin Backtested Returns
Mehadrin has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Mehadrin exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mehadrin's Risk Adjusted Performance of (0.06), mean deviation of 1.21, and Standard Deviation of 1.71 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mehadrin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mehadrin is expected to be smaller as well. Mehadrin has an expected return of -0.19%. Please make sure to verify Mehadrin jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Mehadrin performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Mehadrin has poor reverse predictability. Overlapping area represents the amount of predictability between Mehadrin time series from 25th of January 2024 to 10th of March 2024 and 10th of March 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 Mehadrin price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Mehadrin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 236.2 K |
Mehadrin lagged returns against current returns
Autocorrelation, which is Mehadrin 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 Mehadrin's stock expected returns. We can calculate the autocorrelation of Mehadrin returns to help us make a trade decision. For example, suppose you find that Mehadrin 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 |
Mehadrin 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 Mehadrin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mehadrin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mehadrin stock over time.
Current vs Lagged Prices |
| Timeline |
Mehadrin Lagged Returns
When evaluating Mehadrin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mehadrin stock have on its future price. Mehadrin 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, Mehadrin autocorrelation shows the relationship between Mehadrin stock current value and its past values and can show if there is a momentum factor associated with investing in Mehadrin.
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 Mehadrin 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, Mehadrin's short interest history, or implied volatility extrapolated from Mehadrin options trading.
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Complementary Tools for Mehadrin Stock analysis
When running Mehadrin's price analysis, check to measure Mehadrin'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 Mehadrin is operating at the current time. Most of Mehadrin's value examination focuses on studying past and present price action to predict the probability of Mehadrin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mehadrin's price. Additionally, you may evaluate how the addition of Mehadrin to your portfolios can decrease your overall portfolio volatility.
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Mehadrin 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.