Eldav Investments (Israel) Backtesting

ELDAV -- Israel Stock  

ILS 139.60  0.000006  0.00%

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

Eldav Investments 'What if' Analysis

October 12, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 11, 2018
0.00
If you would invest  0.00  in Eldav Investments on October 12, 2018 and sell it all today you would earn a total of 0.00 from holding Eldav Investments Ltd or generate 0.0% return on investment in Eldav Investments over 60 days. Eldav Investments is related to or competes with Arko Holdings, I B, Capital Point, and . Eldav Investments Ltd is a private equity firm specializing in acquisition of mid to large sized companies

Eldav Investments Upside/Downside Indicators

Information Ratio0.0065
Maximum Drawdown3.21
Value At Risk(1.06)
Potential Upside0.2821
  

Eldav Investments Market Premium Indicators

Risk Adjusted Performance(0.33)
Jensen Alpha(0.18)
Total Risk Alpha(0.08)
Treynor Ratio1.85

Eldav Investments Backtested Returns

Macroaxis considers Eldav Investments to be not too risky. Eldav Investments secures Sharpe Ratio (or Efficiency) of -0.2434 which denotes Eldav Investments had -0.2434% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in predicting 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. Eldav Investments Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Eldav Investments Mean Deviation of 0.3463 to check risk estimate we provide. Macroaxis gives Eldav Investments performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0873 which denotes to the fact that as returns on market increase, returns on owning Eldav Investments are expected to decrease at a much smaller rate. During bear market, Eldav Investments is likely to outperform the market.. Even though it is essential to pay attention to Eldav Investments historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in predicting 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. Eldav Investments Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Eldav Investments has expected return of -0.1639%. Please be advised to confirm Eldav Investments Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Eldav Investments past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.91 
correlation synergy

Excellent predictability

Eldav Investments Ltd has excellent predictability. Overlapping area represents the amount of predictability between Eldav Investments time series from October 12, 2018 to November 11, 2018 and November 11, 2018 to December 11, 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 Eldav Investments price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Eldav Investments price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.5

Eldav Investments lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Eldav Investments regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Eldav Investments Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Portfolio Suggestion Now

   

Portfolio Suggestion

Get suggestions outside of your existing asset allocation including your own model portfolios
All  Next Launch Portfolio Suggestion

Eldav Investments Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eldav Investments and Arko Holdings. 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 Eldav Investments Hype Analysis, Eldav Investments Correlation, Eldav Investments Valuation, Eldav Investments Volatility as well as analyze Eldav Investments Alpha and Beta and Eldav Investments Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
Search macroaxis.com