Direct Capital (Israel) Backtesting

DCI-M -- Israel Stock  

null 202.20  2.20  1.10%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Direct Capital Investments Ltd and determine expected loss or profit from investing in Direct Capital over given investment horizon. Additionally see Direct Capital Hype Analysis, Direct Capital Correlation, Direct Capital Valuation, Direct Capital Volatility as well as analyze Direct Capital Alpha and Beta and Direct Capital Performance.
Horizon     30 Days    Login   to change

Direct Capital 'What if' Analysis

October 13, 2018
No Change 0.00  0.0%
In 2 months and 1 day
December 12, 2018
If you would invest  0.00  in Direct Capital on October 13, 2018 and sell it all today you would earn a total of 0.00 from holding Direct Capital Investments Ltd or generate 0.0% return on investment in Direct Capital over 60 days. Direct Capital is related to or competes with Alony Hetz, and Gazit Globe. Direct Capital Investment Ltd. does not have significant operations

Direct Capital Upside/Downside Indicators

Information Ratio0.0475
Maximum Drawdown11.02
Value At Risk(3.03)
Potential Upside3.82

Direct Capital Market Premium Indicators

Risk Adjusted Performance(0.01084)
Jensen Alpha(0.07)
Total Risk Alpha0.2784
Treynor Ratio0.2609

Direct Capital Inves Backtested Returns

Macroaxis considers Direct Capital not too risky given 2 months investment horizon. Direct Capital Inves secures Sharpe Ratio (or Efficiency) of 0.199 which denotes Direct Capital Inves had 0.199% of return per unit of risk over the last 2 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By reviewing Direct Capital Inves technical indicators you can presently evaluate if the expected return of 0.8069% is justified by implied risk. Please utilize Direct Capital Inves Coefficient Of Variation of (8,840) and Mean Deviation of 1.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Direct Capital holds performance score of 13. The firm shows Beta (market volatility) of -0.1533 which denotes to the fact that as returns on market increase, returns on owning Direct Capital are expected to decrease at a much smaller rate. During bear market, Direct Capital is likely to outperform the market.. Although it is vital to follow to Direct Capital Inves historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for Direct Capital Investments Ltd which you can use to evaluate performance of the firm. Please utilizes Direct Capital Inves Value At Risk, Expected Short fall and the relationship between Treynor Ratio and Downside Variance to make a quick decision on weather Direct Capital price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.60 
correlation synergy

Good predictability

Direct Capital Investments Ltd has good predictability. Overlapping area represents the amount of predictability between Direct Capital time series from October 13, 2018 to November 12, 2018 and November 12, 2018 to December 12, 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 Direct Capital Inves price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Direct Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.22
Residual Average0.0
Price Variance344.09

Direct Capital Inves lagged returns against current returns

 Current and Lagged Values 

Direct Capital regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Direct Capital Lagged Returns

 Regressed Prices 

Current Sentiment - DCI-M

Direct Capital Inves Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Direct Capital Investments Ltd. What is your opinion about investing in Direct Capital Investments Ltd? Are you bullish or bearish?
50% Bullish
50% Bearish

Direct Capital Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Direct Capital and Azrieli Group. 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  
Additionally see Direct Capital Hype Analysis, Direct Capital Correlation, Direct Capital Valuation, Direct Capital Volatility as well as analyze Direct Capital Alpha and Beta and Direct Capital Performance. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.