A L (Israel) Backtesting

ALD -- Israel Stock  

ILS 237.10  14.00  5.58%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of A L D Advanced Logistics Developments Ltd and determine expected loss or profit from investing in A L over given investment horizon. Check also A L Hype Analysis, A L Correlation, A L Valuation, A L Volatility as well as analyze A L Alpha and Beta and A L Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

A L 'What if' Analysis

October 17, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
December 16, 2018
0.00
If you would invest  0.00  in A L on October 17, 2018 and sell it all today you would earn a total of 0.00 from holding A L D Advanced Logistics Developments Ltd or generate 0.0% return on investment in A L over 60 days. A L is related to or competes with Hilan Ltd, Azrieli Group. Advanced Logistics Developments Ltd. provides professional consulting, software development, and training services in Is...

A L Upside/Downside Indicators

Information Ratio(0.13)
Maximum Drawdown30.13
Value At Risk(5.58)
Potential Upside2.71
  

A L Market Premium Indicators

Risk Adjusted Performance(0.19)
Jensen Alpha(0.81)
Total Risk Alpha(0.34)
Treynor Ratio269.67

A L D Backtested Returns

Macroaxis considers A L to be not too risky. A L D secures Sharpe Ratio (or Efficiency) of -0.1719 which signifies that A L D had -0.1719% of return per unit of return volatility over the last 2 months. Macroaxis philosophy in foreseeing 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. A L D Advanced Logistics Developments Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm A L D Mean Deviation of 2.74 and Coefficient Of Variation of (650.12) to double-check risk estimate we provide. Macroaxis gives A L performance score of 0 on a scale of 0 to 100. The corporation shows Beta (market volatility) of -0.003 which signifies that as returns on market increase, returns on owning A L are expected to decrease at a much smaller rate. During bear market, A L is likely to outperform the market.. Even though it is essential to pay attention to A L D historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing 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. A L D Advanced Logistics Developments Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. A L D has expected return of -1.1337%. Please be advised to confirm A L D Treynor Ratio, and the relationship between Variance and Potential Upside to decide if A L D past performance will be repeated sooner or later.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.17 
correlation synergy

Very weak predictability

A L D Advanced Logistics Developments Ltd has very weak predictability. Overlapping area represents the amount of predictability between A L time series from October 17, 2018 to November 16, 2018 and November 16, 2018 to December 16, 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 A L D price movement. The serial correlation of 0.17 indicates that over 17.0% of current A L price fluctuation can be explain by its past prices.
Correlation Coefficient0.17
Spearman Rank Test-0.31
Residual Average0.0
Price Variance357.02

A L D lagged returns against current returns

 Current and Lagged Values 
      Timeline 

A L regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

A L Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - ALD

A L D Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in A L D Advanced Logistics Developments Ltd. What is your sentiment towards investing in A L D Advanced Logistics Developments Ltd? Are you bullish or bearish?
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Bearish
50% Bullish
50% Bearish
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A L Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for A L and Hilan Ltd. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also A L Hype Analysis, A L Correlation, A L Valuation, A L Volatility as well as analyze A L Alpha and Beta and A L Performance. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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