Tigbur Temporary (Israel) Market Value
| TIGBUR Stock | ILA 4,420 1.00 0.02% |
| Symbol | Tigbur |
Tigbur Temporary '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 Tigbur Temporary'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 Tigbur Temporary.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in Tigbur Temporary on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding Tigbur Temporary or generate 0.0% return on investment in Tigbur Temporary over 30 days. Tigbur Temporary is related to or competes with Nice, Bank Leumi, ICL Israel, Mizrahi Tefahot, Azrieli, Elbit Systems, and Israel Discount. Tigbur - Temporary Professional Personnel Ltd More
Tigbur Temporary 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 Tigbur Temporary'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 Tigbur Temporary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.1019 | |||
| Maximum Drawdown | 16.22 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 5.17 |
Tigbur Temporary Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tigbur Temporary's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tigbur Temporary's standard deviation. In reality, there are many statistical measures that can use Tigbur Temporary historical prices to predict the future Tigbur Temporary's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | 0.3113 | |||
| Total Risk Alpha | 0.0174 | |||
| Sortino Ratio | 0.1754 | |||
| Treynor Ratio | 1.37 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tigbur Temporary'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.
Tigbur Temporary Backtested Returns
Tigbur Temporary appears to be very steady, given 3 months investment horizon. Tigbur Temporary owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tigbur Temporary, which you can use to evaluate the volatility of the company. Please review Tigbur Temporary's Coefficient Of Variation of 724.23, risk adjusted performance of 0.0936, and Semi Deviation of 1.22 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tigbur Temporary holds a performance score of 15. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tigbur Temporary's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tigbur Temporary is expected to be smaller as well. Please check Tigbur Temporary's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Tigbur Temporary's existing price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Tigbur Temporary has good predictability. Overlapping area represents the amount of predictability between Tigbur Temporary time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th 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 Tigbur Temporary price movement. The serial correlation of 0.72 indicates that around 72.0% of current Tigbur Temporary price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 12 K |
Tigbur Temporary lagged returns against current returns
Autocorrelation, which is Tigbur Temporary 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 Tigbur Temporary's stock expected returns. We can calculate the autocorrelation of Tigbur Temporary returns to help us make a trade decision. For example, suppose you find that Tigbur Temporary 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 |
Tigbur Temporary 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 Tigbur Temporary stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tigbur Temporary stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tigbur Temporary stock over time.
Current vs Lagged Prices |
| Timeline |
Tigbur Temporary Lagged Returns
When evaluating Tigbur Temporary's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tigbur Temporary stock have on its future price. Tigbur Temporary 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, Tigbur Temporary autocorrelation shows the relationship between Tigbur Temporary stock current value and its past values and can show if there is a momentum factor associated with investing in Tigbur Temporary.
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 Tigbur Temporary 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, Tigbur Temporary's short interest history, or implied volatility extrapolated from Tigbur Temporary options trading.
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Check out Tigbur Temporary Correlation, Tigbur Temporary Volatility and Tigbur Temporary Alpha and Beta module to complement your research on Tigbur Temporary. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Tigbur Stock analysis
When running Tigbur Temporary's price analysis, check to measure Tigbur Temporary'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 Tigbur Temporary is operating at the current time. Most of Tigbur Temporary's value examination focuses on studying past and present price action to predict the probability of Tigbur Temporary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tigbur Temporary's price. Additionally, you may evaluate how the addition of Tigbur Temporary to your portfolios can decrease your overall portfolio volatility.
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Tigbur Temporary 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.