Sano Brunos (Israel) Market Value
| SANO1 Stock | 32,110 2,000 5.86% |
| Symbol | Sano |
Sano Brunos '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 Sano Brunos' 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 Sano Brunos.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sano Brunos on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sano Brunos Enterprises or generate 0.0% return on investment in Sano Brunos over 30 days. Sano Brunos is related to or competes with Bezeq Israeli, Bank Hapoalim, Bank Leumi, and Israel Discount. Sano Brunos Enterprises Ltd manufactures and sells laundry products, home care products, cleaning and hygiene products, ... More
Sano Brunos 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 Sano Brunos' 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 Sano Brunos Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.2261 | |||
| Maximum Drawdown | 10.97 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.02 |
Sano Brunos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sano Brunos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sano Brunos' standard deviation. In reality, there are many statistical measures that can use Sano Brunos historical prices to predict the future Sano Brunos' volatility.| Risk Adjusted Performance | 0.1766 | |||
| Jensen Alpha | 0.6015 | |||
| Total Risk Alpha | 0.2711 | |||
| Sortino Ratio | 0.3078 | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sano Brunos' 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.
Sano Brunos Enterprises Backtested Returns
Sano Brunos appears to be very steady, given 3 months investment horizon. Sano Brunos Enterprises owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sano Brunos Enterprises, which you can use to evaluate the volatility of the company. Please review Sano Brunos' Coefficient Of Variation of 367.67, semi deviation of 0.8987, and Risk Adjusted Performance of 0.1766 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sano Brunos holds a performance score of 13. The entity has a beta of -0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sano Brunos are expected to decrease at a much lower rate. During the bear market, Sano Brunos is likely to outperform the market. Please check Sano Brunos' treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sano Brunos' existing price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Sano Brunos Enterprises has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sano Brunos 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 Sano Brunos Enterprises price movement. The serial correlation of -0.76 indicates that around 76.0% of current Sano Brunos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 729.5 K |
Sano Brunos Enterprises lagged returns against current returns
Autocorrelation, which is Sano Brunos 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 Sano Brunos' stock expected returns. We can calculate the autocorrelation of Sano Brunos returns to help us make a trade decision. For example, suppose you find that Sano Brunos 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 |
Sano Brunos 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 Sano Brunos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sano Brunos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sano Brunos stock over time.
Current vs Lagged Prices |
| Timeline |
Sano Brunos Lagged Returns
When evaluating Sano Brunos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sano Brunos stock have on its future price. Sano Brunos 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, Sano Brunos autocorrelation shows the relationship between Sano Brunos stock current value and its past values and can show if there is a momentum factor associated with investing in Sano Brunos Enterprises.
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 Sano Brunos 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, Sano Brunos' short interest history, or implied volatility extrapolated from Sano Brunos options trading.
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Check out Sano Brunos Correlation, Sano Brunos Volatility and Sano Brunos Alpha and Beta module to complement your research on Sano Brunos. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Sano Stock analysis
When running Sano Brunos' price analysis, check to measure Sano Brunos' 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 Sano Brunos is operating at the current time. Most of Sano Brunos' value examination focuses on studying past and present price action to predict the probability of Sano Brunos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sano Brunos' price. Additionally, you may evaluate how the addition of Sano Brunos to your portfolios can decrease your overall portfolio volatility.
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Sano Brunos 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.