Partner (Israel) Market Value
| PTNR Stock | ILA 1,655 30.00 1.78% |
| Symbol | Partner |
Partner '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 Partner'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 Partner.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Partner on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Partner or generate 0.0% return on investment in Partner over 30 days. Partner is related to or competes with Bank Leumi, Teva Pharmaceutical, Bank Hapoalim, Elbit Systems, and El Al. Partner Communications Company Ltd. provides various telecommunication services in Israel More
Partner 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 Partner'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 Partner upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.95 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 3.76 |
Partner Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partner's standard deviation. In reality, there are many statistical measures that can use Partner historical prices to predict the future Partner's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Partner'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.
Partner Backtested Returns
We consider Partner very steady. Partner maintains Sharpe Ratio (i.e., Efficiency) of 0.0121, which implies the firm had a 0.0121% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Partner, which you can use to evaluate the volatility of the company. Please check Partner's Coefficient Of Variation of (2,400), risk adjusted performance of (0.02), and Variance of 4.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.0241%. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Partner's returns are expected to increase less than the market. However, during the bear market, the loss of holding Partner is expected to be smaller as well. Partner right now holds a risk of 1.99%. Please check Partner skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Partner will be following its historical price patterns.
Auto-correlation | 0.72 |
Good predictability
Partner has good predictability. Overlapping area represents the amount of predictability between Partner time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Partner price movement. The serial correlation of 0.72 indicates that around 72.0% of current Partner price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 637.88 |
Partner lagged returns against current returns
Autocorrelation, which is Partner 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 Partner's stock expected returns. We can calculate the autocorrelation of Partner returns to help us make a trade decision. For example, suppose you find that Partner 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 |
Partner 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 Partner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partner stock over time.
Current vs Lagged Prices |
| Timeline |
Partner Lagged Returns
When evaluating Partner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partner stock have on its future price. Partner 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, Partner autocorrelation shows the relationship between Partner stock current value and its past values and can show if there is a momentum factor associated with investing in Partner.
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 Partner 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, Partner's short interest history, or implied volatility extrapolated from Partner 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 Partner 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 Partner Correlation, Partner Volatility and Partner Alpha and Beta module to complement your research on Partner. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Partner Stock analysis
When running Partner's price analysis, check to measure Partner'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 Partner is operating at the current time. Most of Partner's value examination focuses on studying past and present price action to predict the probability of Partner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Partner's price. Additionally, you may evaluate how the addition of Partner to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Partner 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.