RSL Electronics (Israel) Market Value
| RSEL Stock | ILS 694.00 44.70 6.88% |
| Symbol | RSL |
RSL Electronics '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 RSL Electronics' 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 RSL Electronics.
| 06/25/2022 |
| 04/15/2024 |
If you would invest 0.00 in RSL Electronics on June 25, 2022 and sell it all today you would earn a total of 0.00 from holding RSL Electronics or generate 0.0% return on investment in RSL Electronics over 660 days. RSL Electronics is related to or competes with Arad, Alony Hetz, Airport City, and Harel Insurance. RSL Electronics Ltd. develops, manufactures, and sells control, utilities, and diagnostics and prognostics systems for a... More
RSL Electronics 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 RSL Electronics' 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 RSL Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | 0.0669 | |||
| Maximum Drawdown | 19.68 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 4.89 |
RSL Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RSL Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RSL Electronics' standard deviation. In reality, there are many statistical measures that can use RSL Electronics historical prices to predict the future RSL Electronics' volatility.| Risk Adjusted Performance | 0.0647 | |||
| Jensen Alpha | 0.3074 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0559 | |||
| Treynor Ratio | (0.72) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RSL Electronics' 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.
RSL Electronics Backtested Returns
RSL Electronics appears to be very steady, given 3 months investment horizon. RSL Electronics maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for RSL Electronics, which you can use to evaluate the volatility of the company. Please evaluate RSL Electronics' semi deviation of 3.29, and Risk Adjusted Performance of 0.0647 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RSL Electronics holds a performance score of 10. The company holds a Beta of -0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning RSL Electronics are expected to decrease at a much lower rate. During the bear market, RSL Electronics is likely to outperform the market. Please check RSL Electronics' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether RSL Electronics' historical price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
RSL Electronics has poor predictability. Overlapping area represents the amount of predictability between RSL Electronics time series from 25th of June 2022 to 21st of May 2023 and 21st of May 2023 to 15th 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 RSL Electronics price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current RSL Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 4643.8 |
RSL Electronics lagged returns against current returns
Autocorrelation, which is RSL Electronics 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 RSL Electronics' stock expected returns. We can calculate the autocorrelation of RSL Electronics returns to help us make a trade decision. For example, suppose you find that RSL Electronics 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 |
RSL Electronics 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 RSL Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RSL Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RSL Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
RSL Electronics Lagged Returns
When evaluating RSL Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RSL Electronics stock have on its future price. RSL Electronics 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, RSL Electronics autocorrelation shows the relationship between RSL Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in RSL Electronics.
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 RSL Electronics 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, RSL Electronics' short interest history, or implied volatility extrapolated from RSL Electronics options trading.
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Check out RSL Electronics Correlation, RSL Electronics Volatility and RSL Electronics Alpha and Beta module to complement your research on RSL Electronics. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for RSL Stock analysis
When running RSL Electronics' price analysis, check to measure RSL Electronics' 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 RSL Electronics is operating at the current time. Most of RSL Electronics' value examination focuses on studying past and present price action to predict the probability of RSL Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RSL Electronics' price. Additionally, you may evaluate how the addition of RSL Electronics to your portfolios can decrease your overall portfolio volatility.
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RSL Electronics 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.