Together Startup (Israel) Market Value
| TGTR Stock | 503.70 19.90 4.11% |
| Symbol | Together |
Together Startup '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 Together Startup'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 Together Startup.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Together Startup on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Together Startup Network or generate 0.0% return on investment in Together Startup over 30 days. Together Startup is related to or competes with Partner, Tower Semiconductor, and Israel Discount. Together Pharma Ltd engages in growing, producing, and distributing medical cannabis products in Israel More
Together Startup 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 Together Startup'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 Together Startup Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.55 | |||
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 35.93 | |||
| Value At Risk | (9.40) | |||
| Potential Upside | 9.7 |
Together Startup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Together Startup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Together Startup's standard deviation. In reality, there are many statistical measures that can use Together Startup historical prices to predict the future Together Startup's volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.2086 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0412 | |||
| Treynor Ratio | 0.2543 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Together Startup'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.
Together Startup Network Backtested Returns
Together Startup appears to be very steady, given 3 months investment horizon. Together Startup Network owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Together Startup's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Together Startup's Coefficient Of Variation of 1801.9, semi deviation of 5.1, and Risk Adjusted Performance of 0.0435 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Together Startup holds a performance score of 8. The entity has a beta of 1.23, which indicates 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, Together Startup will likely underperform. Please check Together Startup's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Together Startup's existing price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Together Startup Network has very weak reverse predictability. Overlapping area represents the amount of predictability between Together Startup 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 Together Startup Network price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Together Startup price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1229.66 |
Together Startup Network lagged returns against current returns
Autocorrelation, which is Together Startup 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 Together Startup's stock expected returns. We can calculate the autocorrelation of Together Startup returns to help us make a trade decision. For example, suppose you find that Together Startup 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 |
Together Startup 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 Together Startup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Together Startup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Together Startup stock over time.
Current vs Lagged Prices |
| Timeline |
Together Startup Lagged Returns
When evaluating Together Startup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Together Startup stock have on its future price. Together Startup 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, Together Startup autocorrelation shows the relationship between Together Startup stock current value and its past values and can show if there is a momentum factor associated with investing in Together Startup 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 Together Startup 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, Together Startup's short interest history, or implied volatility extrapolated from Together Startup options trading.
Currently Active Assets on Macroaxis
Check out Together Startup Correlation, Together Startup Volatility and Together Startup Alpha and Beta module to complement your research on Together Startup. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Together Stock analysis
When running Together Startup's price analysis, check to measure Together Startup'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 Together Startup is operating at the current time. Most of Together Startup's value examination focuses on studying past and present price action to predict the probability of Together Startup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Together Startup's price. Additionally, you may evaluate how the addition of Together Startup to your portfolios can decrease your overall portfolio volatility.
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Together Startup 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.