Perion Network (Israel) Market Value
| PERI Stock | ILS 4,392 122.00 2.86% |
| Symbol | Perion |
Perion Network '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 Perion Network'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 Perion Network.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Perion Network on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Perion Network or generate 0.0% return on investment in Perion Network over 30 days. Perion Network is related to or competes with Tower Semiconductor, Nova, Camtek, Nice, and Enlight Renewable. Perion Network Ltd., a technology company, delivers advertising solutions to brands, agencies, and publishers in North A... More
Perion Network 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 Perion Network'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 Perion Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 44.91 | |||
| Value At Risk | (6.93) | |||
| Potential Upside | 3.36 |
Perion Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perion Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perion Network's standard deviation. In reality, there are many statistical measures that can use Perion Network historical prices to predict the future Perion Network's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.42) | |||
| Total Risk Alpha | (1.93) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Perion Network'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.
Perion Network Backtested Returns
Perion Network maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27% return per unit of risk over the last 3 months. Perion Network exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Perion Network's Risk Adjusted Performance of (0.12), variance of 31.23, and Coefficient Of Variation of (482.38) to confirm the risk estimate we provide. The company holds a Beta of 2.99, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Perion Network will likely underperform. Perion Network has an expected return of -1.72%. Please make sure to check Perion Network value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Perion Network performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Perion Network has average predictability. Overlapping area represents the amount of predictability between Perion Network time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Perion Network price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Perion Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 25.6 K |
Perion Network lagged returns against current returns
Autocorrelation, which is Perion Network 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 Perion Network's stock expected returns. We can calculate the autocorrelation of Perion Network returns to help us make a trade decision. For example, suppose you find that Perion Network 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 |
Perion Network 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 Perion Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perion Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perion Network stock over time.
Current vs Lagged Prices |
| Timeline |
Perion Network Lagged Returns
When evaluating Perion Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perion Network stock have on its future price. Perion Network 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, Perion Network autocorrelation shows the relationship between Perion Network stock current value and its past values and can show if there is a momentum factor associated with investing in Perion Network.
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 Perion Network 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, Perion Network's short interest history, or implied volatility extrapolated from Perion Network options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Perion Network using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Perion Network Correlation, Perion Network Volatility and Perion Network Alpha and Beta module to complement your research on Perion Network. For information on how to trade Perion Stock refer to our How to Trade Perion Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Perion Stock analysis
When running Perion Network's price analysis, check to measure Perion Network'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 Perion Network is operating at the current time. Most of Perion Network's value examination focuses on studying past and present price action to predict the probability of Perion Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perion Network's price. Additionally, you may evaluate how the addition of Perion Network to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Perion Network 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.