Electra Real (Israel) Backtesting

ELCRE -- Israel Stock  

ILS 1,119  5.00  0.44%

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

Electra Real 'What if' Analysis

February 19, 2019
No Change 0.00  0.0%
In 2 months and 2 days
April 20, 2019
If you would invest  0.00  in Electra Real on February 19, 2019 and sell it all today you would earn a total of 0.00 from holding Electra Real Estate Ltd or generate 0.0% return on investment in Electra Real over 60 days. Electra Real is related to or competes with Melisron Ltd, Alony Hetz, Alrov Properties, Africa Israel, Isras Investment, A D, and Property. Electra Real Estate Ltd. owns and operates commercial real estate properties in Israel, Europe, North America, and India

Electra Real Upside/Downside Indicators

Downside Deviation1.98
Information Ratio0.025
Maximum Drawdown9.27
Value At Risk(2.98)
Potential Upside3.46

Electra Real Market Premium Indicators

Risk Adjusted Performance0.0623
Jensen Alpha0.2581
Total Risk Alpha(0.19)
Sortino Ratio0.0254
Treynor Ratio(0.20)

Electra Real Estate Backtested Returns

Macroaxis considers Electra Real very steady given 2 months investment horizon. Electra Real Estate secures Sharpe Ratio (or Efficiency) of 0.3592 which denotes the organization had 0.3592% 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 Electra Real Estate technical indicators you can presently evaluate if the expected return of 0.5436% is justified by implied risk. Please utilize Electra Real Estate Mean Deviation of 1.45, Downside Deviation of 1.98 and Coefficient Of Variation of 1150.64 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Electra Real holds performance score of 23. The firm shows Beta (market volatility) of -0.8197 which denotes to the fact that as returns on market increase, returns on owning Electra Real are expected to decrease at a much smaller rate. During bear market, Electra Real is likely to outperform the market. Although it is vital to follow to Electra Real Estate 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 Electra Real Estate Ltd which you can use to evaluate performance of the firm. Please utilizes Electra Real Estate Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to make a quick decision on weather Electra Real price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.62 
correlation synergy

Good predictability

Electra Real Estate Ltd has good predictability. Overlapping area represents the amount of predictability between Electra Real time series from February 19, 2019 to March 21, 2019 and March 21, 2019 to April 20, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Electra Real Estate price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Electra Real price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.6
Residual Average0.0
Price Variance243.11

Electra Real Estate lagged returns against current returns

 Current and Lagged Values 

Electra Real regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Electra Real Lagged Returns

 Regressed Prices 

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Electra Real Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Electra Real and Melisron 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
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Additionally see Electra Real Hype Analysis, Electra Real Correlation, Electra Real Valuation, Electra Real Volatility as well as analyze Electra Real Alpha and Beta and Electra Real Performance. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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