Bezeq Israeli (Israel) Market Value
| BEZQ Stock | ILS 460.00 12.20 2.72% |
| Symbol | Bezeq |
Bezeq Israeli '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 Bezeq Israeli'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 Bezeq Israeli.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Bezeq Israeli on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Bezeq Israeli Telecommunication or generate 0.0% return on investment in Bezeq Israeli over 720 days. Bezeq Israeli is related to or competes with Bank Leumi, Teva Pharmaceutical, Bank Hapoalim, Elbit Systems, and El Al. Bezeq The Israel Telecommunication Corporation Limited provides communications services to business and private customer... More
Bezeq Israeli 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 Bezeq Israeli'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 Bezeq Israeli Telecommunication upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.35 |
Bezeq Israeli Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bezeq Israeli's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bezeq Israeli's standard deviation. In reality, there are many statistical measures that can use Bezeq Israeli historical prices to predict the future Bezeq Israeli's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bezeq Israeli'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.
Bezeq Israeli Teleco Backtested Returns
Bezeq Israeli Teleco secures Sharpe Ratio (or Efficiency) of -0.0403, which signifies that the company had a -0.0403% return per unit of risk over the last 3 months. Bezeq Israeli Telecommunication exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bezeq Israeli's Mean Deviation of 0.9552, risk adjusted performance of (0.05), and Standard Deviation of 1.27 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bezeq Israeli's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bezeq Israeli is expected to be smaller as well. Bezeq Israeli Teleco has an expected return of -0.0528%. Please make sure to confirm Bezeq Israeli Teleco potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Bezeq Israeli Teleco performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Bezeq Israeli Telecommunication has average predictability. Overlapping area represents the amount of predictability between Bezeq Israeli time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th 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 Bezeq Israeli Teleco price movement. The serial correlation of 0.48 indicates that about 48.0% of current Bezeq Israeli price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 329.08 |
Bezeq Israeli Teleco lagged returns against current returns
Autocorrelation, which is Bezeq Israeli 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 Bezeq Israeli's stock expected returns. We can calculate the autocorrelation of Bezeq Israeli returns to help us make a trade decision. For example, suppose you find that Bezeq Israeli 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 |
Bezeq Israeli 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 Bezeq Israeli stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bezeq Israeli stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bezeq Israeli stock over time.
Current vs Lagged Prices |
| Timeline |
Bezeq Israeli Lagged Returns
When evaluating Bezeq Israeli's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bezeq Israeli stock have on its future price. Bezeq Israeli 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, Bezeq Israeli autocorrelation shows the relationship between Bezeq Israeli stock current value and its past values and can show if there is a momentum factor associated with investing in Bezeq Israeli Telecommunication.
Regressed Prices |
| Timeline |
Pair Trading with Bezeq Israeli
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bezeq Israeli position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bezeq Israeli will appreciate offsetting losses from the drop in the long position's value.Moving against Bezeq Stock
| 0.6 | PZOL | Paz Oil | PairCorr |
| 0.59 | HARL | Harel Insurance Inve | PairCorr |
| 0.54 | SAE | Shufersal Earnings Call This Week | PairCorr |
| 0.53 | MGDL | Migdal Insurance | PairCorr |
The ability to find closely correlated positions to Bezeq Israeli could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bezeq Israeli when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bezeq Israeli - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bezeq Israeli Telecommunication to buy it.
The correlation of Bezeq Israeli is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bezeq Israeli moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bezeq Israeli Teleco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bezeq Israeli can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bezeq Israeli Correlation, Bezeq Israeli Volatility and Bezeq Israeli Alpha and Beta module to complement your research on Bezeq Israeli. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Bezeq Stock analysis
When running Bezeq Israeli's price analysis, check to measure Bezeq Israeli'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 Bezeq Israeli is operating at the current time. Most of Bezeq Israeli's value examination focuses on studying past and present price action to predict the probability of Bezeq Israeli's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bezeq Israeli's price. Additionally, you may evaluate how the addition of Bezeq Israeli to your portfolios can decrease your overall portfolio volatility.
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Bezeq Israeli 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.