Together Startup (Israel) Backtesting

TGTR -- Israel Stock  

null 534.80  7.20  1.36%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Together Startup Network Ltd and determine expected loss or profit from investing in Together Startup over given investment horizon. Also please take a look at Together Startup Hype Analysis, Together Startup Correlation, Together Startup Valuation, Together Startup Volatility as well as analyze Together Startup Alpha and Beta and Together Startup Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Together Startup 'What if' Analysis

October 20, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 19, 2018
0.00
If you would invest  0.00  in Together Startup on October 20, 2018 and sell it all today you would earn a total of 0.00 from holding Together Startup Network Ltd or generate 0.0% return on investment in Together Startup over 60 days. Together Startup is related to or competes with Bank Leumi, Mizrahi Tefahot, Israel Discount, First International, F I, Union Bank, and Meitav DASH. Together Pharma Ltd engages in growing, producing, and distributing medical cannabis products in Israel

Together Startup Upside/Downside Indicators

Information Ratio(0.16)
Maximum Drawdown13.32
Value At Risk(5.82)
Potential Upside3.27
  

Together Startup Market Premium Indicators

Risk Adjusted Performance(0.28)
Jensen Alpha(0.63)
Total Risk Alpha(0.23)
Treynor Ratio(3.78)

Together Startup Network Backtested Returns

Macroaxis considers Together Startup to be not too risky. Together Startup Network owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1504 which indicates Together Startup Network had -0.1504% of return per unit of risk over the last 2 months. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Together Startup Network Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Together Startup Coefficient Of Variation of (447.15) and Risk Adjusted Performance of (0.28) to confirm risk estimate we provide. Macroaxis gives Together Startup performance score of 0 on a scale of 0 to 100. The entity has beta of 0.1745 which indicates as returns on market increase, Together Startup returns are expected to increase less than the market. However during bear market, the loss on holding Together Startup will be expected to be smaller as well.. Even though it is essential to pay attention to Together Startup Network current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Together Startup Network Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Together Startup Network has expected return of -0.4298%. Please be advised to validate Together Startup Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if Together Startup Network past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.46) 
correlation synergy

Modest reverse predictability

Together Startup Network Ltd has modest reverse predictability. Overlapping area represents the amount of predictability between Together Startup time series from October 20, 2018 to November 19, 2018 and November 19, 2018 to December 19, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Together Startup Network price movement. The serial correlation of -0.46 indicates that about 46.0% of current Together Startup price fluctuation can be explain by its past prices. Given that Together Startup Network Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Together Startup for similar time interval.
Correlation Coefficient-0.46
Spearman Rank Test-0.32
Residual Average0.0
Price Variance676.95

Together Startup Network lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Together Startup regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Together Startup Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - TGTR

Together Startup Network Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Together Startup Network Ltd. What is your outlook on investing in Together Startup Network Ltd? Are you bullish or bearish?
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Bearish
50% Bullish
50% Bearish
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Also please take a look at Together Startup Hype Analysis, Together Startup Correlation, Together Startup Valuation, Together Startup Volatility as well as analyze Together Startup Alpha and Beta and Together Startup Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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